lakeland market data: Lakeland Florida Housing Market Report for April 2009 - Bank-Owned Properties are the Name of the Game - 05/31/09 03:43 AM
Lakeland Florida Housing Market Report for April 2009 - Bank-Owned Properties are the Name of the Game
Distressed Properties continue to influence the Lakeland Florida housing market. Lakeland's average sales price of $128,093 ($69.22 per sq.ft.) for April slumped 25% from the previous year, prices dropped also 5 ¾ % from the previous month.  A slight increase in properties sold of 154 Lakeland properties were sold in April compared to 152 homes sold the previous month.
 
  
Bank-Owned properties are the "Name of the Game"
The distressed homes and more importantly the bank-owned (REO) properties dominate the sales activities here … (0 comments)

lakeland market data: Lakeland Florida Housing Report for February - Has it Bottom Out? - 03/15/09 03:56 AM
Lakeland Florida Housing Report for February - Has it Bottom Out?
The housing market in Lakeland Florida still showed difficulties. But there are some promising signs that showed some improvement, so keep reading….
While the average sales price of $132,801 ($69.50 per sq.ft) for February dropped to 22% from the previous year, it showed a slight increase of 1% from the previous month. There was also an increase in properties sold, 125 Lakeland properties were sold in February compared to 113 homes sold the previous month. Over the past three month, the average sold price for a Lakeland home was $132,800. … (8 comments)

lakeland market data: Lakeland Florida – Review of the Real Estate Market in recent Years - 01/12/09 02:27 AM
Lakeland Florida - Review of the Real Estate Market in recent Years
Hi Folks! Look at these numbers below - don't they speak for itself about today's Lakeland Real Estate Market? Annual numbers of sold homes have seen a sharp drop since 2005 and last year 2008 did not give me an indication that the statistics will change much in 2009. The annual numbers of sold homes continued to decline by 21% from year 2007.
How long will it take to absorb the current inventory (Absorption Rate)?
Normal Market - Absorption Rate is between 5 and 6 months. Sellers Market … (0 comments)

lakeland market data: Lakeland Florida Real Estate Market Report for November 2008 – Wonder how many Realtors® got paid? - 12/12/08 11:52 PM
Lakeland Florida Real Estate Market Report for November 2008 - Wonder how many Realtors® got paid?
Hi folks! November proofed to be one of the slowest months since January in sales history for this year with only 105 homes sold in Lakeland. Lakeland has about 135 homes sold average this year. I wonder how many Realtors® received a commission check in November or even this year alone.  Let's take a closer look how long it would take to sell all these homes? According to the Multiple Listing Service (MLS), there are currently over 2600 properties for sale and/or pending (waiting to … (1 comments)

lakeland market data: Lakeland Florida Market Report for October 2008 – Back to 2004 prices - 11/18/08 07:49 AM
Lakeland Florida Market Report for October 2008 - Back to 2004 prices
Hi folks! The month of October has shown that 136 homes were sold in Lakeland at an average price with a continuous decline to just under $150,000. When comparing the data to last year, we have seen that the average sold price of a home decreased by 24% from $184,486 to $149,333. Folks, these are prices we have seen in 2004 here in Lakeland, Florida alone.
Take a look at my spreadsheet below. I've separated the report by zip code instead of school zones; it gives you a more … (1 comments)

lakeland market data: Finally some Good News! Lakeland Florida Real Estate Market Report – September 2008 - 10/09/08 01:18 AM
Finally some Good News! Lakeland Florida Real Estate Market Report - September 2008
Hi folks! In recent weeks, we have been watching all kinds of news regarding the financial disaster on Wall Street, the credit market, the never-ending presidential election and on and on..... I want to share some good news in the housing market here in Lakeland, Florida, especially if you are a Seller and waiting for your home to be sold. Although the month of August was not very encouraging for Lakeland home sales, the start of fall in the month of September and the rise in home sales … (1 comments)

lakeland market data: Lakeland Florida Homes New on Market – Weekly Update - 09/21/08 11:57 PM
Lakeland Florida Homes New on Market – Weekly Update
 
Hi fellow readers, there are currently 2,347 homes listed for sale in Lakeland, Florida. The average sales price is $228,346 and the average size of a home is 1,865 square foot, which calculates to $122, 44 per square foot.
The average listing price for this week’s new homes is $240,400 with average square foot of 1,825.
Last week, there were 69 homes newly listed with area Realtors®. The lowest priced home that came on market is $30,000 and the highest priced home new on market is listed for 2,900,000.00 which … (2 comments)

lakeland market data: Lakeland Florida Monthly Market Report August 2008 - 09/10/08 01:53 AM
Lakeland Florida Monthly Market Report August 2008
The month of August was not very encouraging for Lakeland when considering the amount of properties sold and average sold price, comparing the data to the past statistics. The amount of units sold decreased further down to 129 from the previous month of 142 homes sold. The average sold price for August was $156,708 in Lakeland alone, which is a decrease of 5% from the previous month. The time it took a home to sell was an average of 162 days. 
Do you remember what a home sold for on average in Lakeland in August … (1 comments)

lakeland market data: Welcome to Lakeland Florida Monthly Market Report July 2008 - 08/08/08 01:56 PM
Welcome to Lakeland Florida Monthly Market Report July 2008
 
Not much of a difference happened in terms of properties sold in Lakeland Florida for July 2008. The amount of units sold decreased slightly to 142 in July 2008 from the previous month of 149 homes sold. The average sold price for July was $165,063 in Lakeland, which is a decrease of 7% from the previous month. The time it took a home to sell was an average of 166 days. 
Take a look at my spreadsheet below. I've separated the report by zip code instead of school zones; it gives … (0 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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