Lakeland FL Real Estate Market Update - October 16 through October 31, 2009

By
Managing Real Estate Broker with Lakeland Real Estate Group, Inc. BK646565

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 31st 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!

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Petra Norris

Realtor, Lakeland FL Homes for Sale
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