The business section of the Lakeland Ledger reports the housing market continues to have difficulties in Polk County and across the State of Florida.
Folks, as every week for the past few weeks you will find my weekly report below to offer you with an inside on what is happening in the Residential Real Estate Market for Lakeland, FL. This report is by zip code and is in my opinion more accurate than measuring by school zones, since school zone changes are in progress and Realtors® not always input the school zones into the Multiple Listing.
There are currently 2440 properties for sale, which is an increase of 46 listings reported the previous week. Last week's average sales price increased modestly. However, the average sold price decreased almost 29% compared to my prior report of the Lakeland Residential Weekly Market Report 3/10/08-3/17/08.
For the month of February, a total of 135 Residential Homes have sold for an average price of $169,791, which is a decline of 13% from the previous year. There were also 125 Listings that have expired and have not re-listed.
My weekly report is obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include "For Sale By Owner".
If you are interested in a specific area or neighborhood, feel free to contact me at petra@petranorris.com
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Lakeland Residential Weekly Market Report for 3/17/08-3/24/08
Petra Norris - CDV TransAtlantic, Inc. - Licensed Florida Real Estate Broker
This blog is solely my point of view
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