Lakeland Fl Homes for Sale, Real Estate and more...

Lakeland FL Carillon Lakes Homes for Sale | Market Snapshot for July 2011

Copyright © 2011 By Petra Norris *Lakeland FL Carillon Lakes Homes for Sale | Market Snapshot for July 2011*

Lakeland FL Carillon Lakes Homes for Sale | Market Snapshot for June 2011

Copyright © 2011 By Petra Norris *Lakeland FL Carillon Lakes Homes for Sale | Market Snapshot for June 2011*

 

Copyright © 2011 By Petra Norris * Sandpiper Homes for Sale in Lakeland FL | Real Estate Market Update for June 2011*

 

Carillon Lakes Homes for Sale in Lakeland FL | Market Snapshot for April 2011

 

Overall Lakeland FL Existing Home Sales for April 2011

 

Lakeland Florida average overall home sales for existing homes slipped to $107,892 for the month of April when compared to the prior month and April of the previous year of $110,880.  The number of homes sold generally remained stable since hitting a low in November 2010 - a total of 215 existing homes sold in Lakeland FL.

 

 

215 Lakeland overall homes sales in April: 

March 2011:  227 – previous year April 10: 249 sold

April – average sales price $107,892

March: $114,573 (-5.83%) – previous year April 10: $111,178 (-2.95%)

April – median sales price $94,000

Previous month: $95,000 (-1.05%) – previous year April 10: $96,000 (-2.08%)

 

The graph below represents average and median home sales for April in Lakeland, Fl 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 for sale.

 

 

What was the average sales price in each Lakeland zip code?

 

Take a look at my spreadsheet below. I’ve separated the report by zip code instead of school zones; it gives you a more accurate report in my opinion. The data and graphs for this report were obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”. The numbers highlighted in pink represents the zip codes where average home sales have exceeded.

 

 

A stable “healthy housing market has a supply of six month in inventory. Lakeland’s housing market has a total of 2082 including active Lakeland FL Homes for Sale and homes that have gone under contract (pending).  From the chart below you can see the housing trend with respect to Supply and Demand and the overall absorption rate for the Lakeland, FL housing market.

 

 

Distressed properties in Lakeland, Florida

 

For the month of April, Lakeland’s real estate market of distressed homes had a market share of 58.60%. There were a total of 126 homes sold in April, according to Mid-Florida Regional MLS.

Check back soon for April detailed Lakeland Florida housing report that highlights bank-owned properties (REOs) and Lakeland FL Short Sales.

 

 

I have been reporting on Lakeland FL Homes for Sale and provided my readers with a comprehensive market report for homes that have sold on a monthly basis. Check out these monthly reports:

 

March 2011 Lakeland FL Homes for Sale - Overall Housing Market Report

February 2011 Lakeland FL Homes for Sale - Overall Housing Market Report

January 2011 Lakeland FL Homes for Sale - Overall Housing Market Report

December 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

November 2010 Lakeland Fl Homes for Sale - Overall Housing Market Report

October 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

September 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

August 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

July 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

June 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

May 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

April 2010 Lakeland FL Homes for Sale - Overall Housing Market Report

 

For more information please visit my blog about Lakeland FL Homes for Sale, real estate, communities and events.

 

I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact Petra Norris - REALTOR(R) at 863-619-6918. If you’re new to Lakeland, I’d especially like to extend a warm welcome. I value my clients and provide them with honest, reliable service. Allow me to introduce you to the Lakeland FL real estate landscape and all it has to offer.

Copyright © 2011 By Petra Norris *Overall Lakeland FL Existing Home Sales for April 2011*

 

Overall Polk County Existing Home Prices for October 2010

Polk County’s overall existing home sales and prices declined from the previous month for the month of October with a total of 557 properties sold.   The number of homes sold for October was the second lowest for this year, reasoning the recent foreclosure moratorium.  The decline in home prices remains a constant in the overall existing housing market. According to the Florida Association of Realtors®, Florida’s median housing prices for existing single family homes in October was $136,600 down 3% from the previous year. 

The graph below represents average Polk County Existing Home Sales.

A look back in history of Polk County’s existing home prices:

• October 2006 – median price $191,982 (-55.72%) – 630 homes sold
• October 2007 – median price $174,900 (-51.40%) – 395 homes sold
• October 2008 – median price $130,000 (-34.62%) – 444 homes sold
• October 2009 – median price $99,000 (-14.14%) – 617 homes sold

 

557 existing homes sold – a 11% decrease from the previous month (624) sold homes in Polk County, FL. 

Overall sales remained the same at $85,000 in Polk’s median price for existing homes from the previous month however, the Polk’s median home price from the previous year is showing a double-digit decline by 14.14%. Take a look at the city you live in and see what the numbers are for October 2010 for existing home sales - single-family homes, condominiums, manufactured homes, duplex, villas, and town homes -including distressed homes in Polk County.  Please take note only sales recorded by Realtors® are taken into account. The source for this data is Mid-Florida Regional MLS Service; it is deemed reliable but not guaranteed.  

City                Average Sold Price Median Sold Price           # of Homes Sold

 

ALTURAS	34,111	34,111	1
AUBURNDALE	104,162	89,900	19
BABSON PARK	85,000	85,000	1
BARTOW	59,244	31,777	15
DAVENPORT	108,400	94,500	118
DUNDEE	71,500	71,500	2
EAGLE LAKE	123,275	123,275	2
EATON PARK	20,000	20,000	1
FORT MEADE	55,500	55,500	2
FROSTPROOF	35,950	35,950	2
HAINES CITY	93,040	83,000	27
KATHLEEN	97,000	97,000	1
KISSIMMEE	96,443	71,950	22
LAKE ALFRED	146,940	69,300	5
LAKE HAMILTON	29,000	29,000	1
LAKE WALES	76,102	56,000	19
LAKELAND	114,532	90,000	166
MULBERRY	68,558	35,000	10
POINCIANA	95,547	76,500	42
POLK CITY	83,980	87,500	5
WINTER HAVEN	92,886	82,875	96

Let me break down October 2010 Polk County existing homes sales into various categories:

• 463 Single family homes - median price $94,900 – 149 Average Days to Closing 
• 24 Town homes, villas and duplex units – median price $75,300 – 176 Average Days to Closing 
• 34 Condominiums – median sold price - $55,600 – 147 Average Days on Closing
• 36 Modular, manufactured/mobile homes in park/out of park – median sold price $42,750 – 1821 Average Days on Closing

Overall Polk County’s Foreclosure and Short Sales Prices – October 2010! 

There were 199 existing Polk County homes sold, not categorized as distressed properties, at a median sold price of $115,000 with 162 average days to closing, which counted for almost 35.73% of our total sales. The distressed properties however; which includes Bank owned, pre-foreclosure, in foreclosure and short sales counted for 63.27% of our total sales in Polk County for the month of October.

• 252 sold homes were Bank Owned – median price $68,500 – Average Days to Closing 108.
• 106 sold homes were Short Sales – median price $86,500 – Average Days to Closing 237.

 

Copyright © 2010 By Petra Norris * Overall Polk County Existing Home Prices for October 2010*

 

 

 

 

Welcome to the Lakeland Real Estate Market Report for June 2010

For the month of June, the overall Lakeland Real Estate market has declined slightly, but compared to previous year, it has been much of the same for when considering sales prices. A total of 216 Lakeland homes were sold in June with average and median prices sharply declining from the previous year. Distressed properties continue to be the driving force impacting and driving down market values for Lakeland FL homes with over 54% of market share. 

Lakeland Homes sold in June: 216 - previous month:  221 – previous year June 09: 171 sold
June – average sales price $118,182

Previous month: $121,337 (-2.67%) – previous year June 09: $145,770 (-18.93%)

June – median sales price $109,200
Previous month: $106,000 (3.02%) – previous year June 09: $125,000 (-12.64%)

The graph below represents average and median 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, townhomes, villas and duplex units.




What are the various average prices in each Lakeland zip code?
Take a look at my spreadsheet below. I’ve separated the report by zip code instead of school zones; it gives you a more accurate report in my opinion. The data and graphs for this report were obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include “For Sale By Owner”. The numbers highlighted in pink represents the zip codes where average sold prices have exceeded.

A total of 2515 Lakeland homes are for sale and under contract resulting in a 12 months supply, noticing that our inventory increased suggesting that supply continues to be greater than the demand

Let’s break it down for you to see the supply and demand for common properties for sale versus the distressed market in the Lakeland real estate market.
Common properties only – Inventory active and pending 1451 homes resulting in 15 month of supply.
Distressed properties – Inventory active and pending 1065 homes resulting in a 9 month of supply.

Distressed properties in Lakeland, Florida

For the month of June, Lakeland’s real estate market of distressed homes had a market share of 54%. There were a total of 117 properties sold in June, according to Mid-Florida Regional MLS.

Check back soon for June’s detailed Lakeland Florida Real Estate report that highlights bank-owned properties (REOs) and Lakeland Short Sales.

If you are interested in a specific area or neighborhood, feel free to contact me at petra@petranorris.com or click the search button below.