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Overall Existing Lakeland FL Housing Market - July 2012
Overall Existing Lakeland FL Housing Market - July 2012 Overall Existing Lakeland FL home prices and sales remain positive in July. While average prices have increased, median prices remained the same from previous year. Even though the overall housing still market shows eight months of housing supply, current pending sales are increasing to 814 housing units. The current overall housing inventory of actively Lakeland Fl homes for sale stands at 1151 (09/19/12). Lakeland Homes sold in July: 219 previous month: 242 – previous year July 11: 174 sold July – average sales price $117,922 Previous month: $128,825 (-8.46%) – previous year July 11: $110,304 (6.91%) July – median sales price $98,000 Previous month: $102,000 (-3.92%) – previous year July 11: $98,00 (0.00%) The graph below represents average and median home prices in Lakeland for various categories. When our media provides us with a real estate market reports, generally these reports outline only Single Family Homes and Condominiums. Lakeland Florida has a variety of homes, such as manufactured homes, town-homes, villas and duplex units. Distressed properties in Lakeland, Florida For the month of July Lakeland’s real estate market of distressed homes had a market share of 44%. There were a ... more
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