Update for the Lakeland real estate market! Currently, there are 1940 homes for sale throughout Lakeland – as of 11/03/09, still balanced no major increase in inventory for the past few weeks. Newly listed homes for the period of October 16th through October 31^st totaled 192 Lakeland homes recently came on the market. Average sales price of $177,940 or $85.32 per square foot with area Realtors®.

The types of homes and average prices just listed in Lakeland, Florida according to the Multiple Listing Services (MLS) are as follows:

2 duplex listed with an average sales price of $36,299

5 condos listed with an average sales price of $104,560

16 mobile homes listed with an average sales price of $96,212

11 Townhomes/Villas listed with an average sales price of $110,561

158 single family homes with an average price of $195,022

Three Lakeland homes exceeding $1 million were just listed. The priciest Lakeland real estate was a former “Home of the Year” in the 2006 Spring Parade. This custom built pool home is located in the Lazy Creek subdivision; featuring 5 bedrooms and 5 baths with close to 6,000 square feet of living space currently offered for $1,499,000.  On the contrary, the cheapest Lakeland home newly listed is a 2 bedroom 1 bath listed for only $10,000 – just under $12.00 per square foot – located in the Palma Ceia Court subdivision.

For a more detailed report, please continue to read by clicking this link!