local housing market: 2011 Lakeland Florida Overall Housing Market Review - A Roller Coaster Ride - 01/26/12 11:04 PM
2011 Lakeland Florida Overall Housing Market Review - A Roller Coaster Ride
Every month I have watched, researched and written about the Lakeland FL Housing Market to see how we would compare to the same month in 2010 and even prior years.  Folks asking me how is the housing market, is it getting any better?  Are the prices going up? When will the prices go up?
We started out historically slow in 2011 compared to 2010, but that was done artificially due to the first time homebuyers tax credit which ended officially in April 2010 but if you had a binding contract, closing must have … (9 comments)

local housing market: Lakeland Fl Homes for Sale – Overall Home Sales for March 2011 - 04/26/11 12:28 AM
 
Lakeland Fl Homes for Sale – Overall Home Sales for March 2011
 

Lakeland Florida average overall home sales improved without the government’s incentive of the first-time home buyer tax credit, to $114,573 for the month of March when compared to the prior month and March of the previous year of $113,417.  Home sales continued to increase since hitting a low in November 2010 - a total of 227 existing homes sold in Lakeland FL
 
227 Lakeland Fl houses that have sold in March, an increase from the previous month of February of 192.  March market share of … (0 comments)

local housing market: Lakeland Fl Homes for Sale – Overall Home Sales for January 2011 - 02/22/11 10:04 AM
 
Lakeland Fl Homes for Sale – Overall Home Sales for January 2011
 
Average overall Lakeland Florida home sales took a nose dive to $94,095 for the month of January compared to the previous month.  The last time I saw average sales price like this was April 2001 at $89,607.  I don’t have the numbers prior to 2001, since our Multiple Listing Service provides data for ten years.  
 
169 Lakeland Fl houses that have sold in January which also decreased from the previous month of December of 197.  January market share of distressed homes rose to 67% from … (3 comments)

local housing market: Lakeland - Winter Haven Florida Worst City for Real Estate Investing - I beg to differ! - 10/21/10 01:06 AM

Lakeland – Winter Haven Florida Worst City for Real Estate Investing – I beg to differ.
Just recently I read Ms. Levy’s Forbes blog about Lakeland-Winter Haven Florida being the worst city of real estate investing. This article did not sit well with me and I did read it more than once.  While the national news is saturated with negative housing news, remember real estate is local and when it comes Lakeland-Winter Haven, FL (Polk County) I felt I needed to clarify a thing or two.
Below is the quote from her blog:
“I know something else about it, too. Glittering ponds or no, … (0 comments)

local housing market: Sandpiper Golf & Country Club - Lakeland Florida – Real Estate Market June 2010 - 07/28/10 03:09 AM

Sandpiper Golf & Country Club  - Lakeland Florida – Real Estate Market June 2010The Sandpiper Golf & Country Club in Lakeland, Florida is an active 55+ adult community situated just off Interstate 4 and North Socrum Loop.  A development with about 1200 single-family homes and villas with home sizes from 900 – 2,000 square feet. What is selling at Sandpiper Golf & Country Club? Sandpiper Golf & Country Club Real Estate Market Snapshot:Sandpiper Golf & Country Club Homes for Sale:  Active listings (07/28/2010): 29 homes - average price of $144,534Pending listings: 3 homesSold Homes – Overall Average Sales Price is … (1 comments)

local housing market: Lakeland Real Estate Market Report for June 2010 - 07/22/10 11:26 AM
Welcome to the Lakeland Real Estate Market Report for June 2010

For the month of June, the overall Lakeland Real Estate market has declined slightly, but compared to previous year, it has been much of the same for when considering sales prices. A total of 216 Lakeland homes were sold in June with average and median prices sharply declining from the previous year. Distressed properties continue to be the driving force impacting and driving down market values for Lakeland FL homes with over 54% of market share. 
Lakeland Homes sold in June: 216 - previous month:  221 – previous year June … (0 comments)

local housing market: Overall Polk County Market - March 2010 - 04/28/10 01:13 AM
Polk County’s overall existing home sales had a record breaking month, which are shown in the numbers in most major cities throughout Polk County. However, prices continue to drift downwards blaming it widely on discounted distressed sales throughout the county from the previous year.
758 existing homes sold – an increase of 21% from the previous month (596 sold homes) in Polk County and an increase in sales activity of 180 Polk County homes sold from the previous year of 578 homes sold.
While overall Polk’s median price for existing homes increased by almost 6% from the previous month … (1 comments)

local housing market: Lakeland FL Real Estate Update - March 2010 - 04/27/10 08:44 AM
Lakeland FL Real Estate Update - Homes Sales for March 2010
Lakeland real estate sales activity continuously increased the past few months and March showed great improvement.   Although there were 235 Lakeland homes sold in March, such number I have not seen since 2007, average and median prices took a double digit steep decline at about 14% from the previous year. Distressed properties are still driving down market values with over 54% of market share. I’m suspecting that as long as we have such high inventory in distress, home prices may still be vulnerable for at least this year.
(0 comments)

local housing market: Lakeland Real Estate Housing for December 2009 - 01/18/10 09:03 AM
Lakeland Real Estate Housing for December 2009
Lakeland ended the year on a high note in sales. With 194 homes sold overall, the month of December proved to be the best month for 2009.  
Lakeland Homes sold in December: 194 - previous month:  174 – previous year December 08: 136 sold
Which zip codes represents the most sales activities since January 2009?
 
While home prices are at 2004 level and still showing signs of downward market adjustments, the adjustments for December compared to last years figures are no longer in double digits.  I suspect in the coming month that … (1 comments)

local housing market: Lakeland Florida - Is the Real Estate Market out of the Woods yet? - 04/11/09 04:14 AM
Lakeland Florida - Is the Real Estate Market out of the Woods yet?
Let me share with you some positive signs in the Lakeland Florida housing market. First of all, since January there has been a constant, but moderate increase in the amount of homes sold and average home sold prices.
While the average sales price of $135,889 ($71.51 per sq.ft.) for March fell 19% from the previous year, it showed a sensible increase of 2 ¼% from the previous month. There was also an increase in properties sold, 152 Lakeland properties were sold in March compared to 125 homes sold … (2 comments)

 
Petra Norris, Realtor, Lakeland FL Homes for Sale (Lakeland Real Estate Group, Inc.)

Petra Norris

Realtor, Lakeland FL Homes for Sale

Lakeland, FL

More about me…

Lakeland Real Estate Group, Inc.

Address: PO Box 92050, Lakeland, FL, 33804-2050

Office: (863) 619-6918

Mobile: (863) 712-4207



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