Lakeland Real Estate Housing Report for October 2009
Lakeland Florida sales activity remained strong for the month of October, which goes along what is being reported nationally and at state level for October.
Lakeland Homes sold in October: 177 - previous month: 183 – previous year October 08: 137 sold
Which zip codes represents the most sales activities since January 2009?
|
Lakeland |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Grand Total |
|
33801 |
20 |
12 |
15 |
21 |
13 |
16 |
17 |
12 |
20 |
27 |
173 |
|
33803 |
11 |
10 |
16 |
18 |
16 |
19 |
26 |
19 |
22 |
25 |
182 |
|
33805 |
12 |
11 |
12 |
9 |
5 |
10 |
14 |
14 |
8 |
14 |
109 |
|
33809 |
13 |
12 |
16 |
11 |
18 |
17 |
16 |
17 |
25 |
17 |
162 |
|
33810 |
25 |
31 |
34 |
31 |
46 |
37 |
40 |
33 |
42 |
46 |
365 |
|
33811 |
10 |
16 |
17 |
18 |
18 |
22 |
20 |
15 |
22 |
15 |
173 |
|
33812 |
10 |
5 |
8 |
13 |
7 |
9 |
16 |
15 |
10 |
9 |
102 |
|
33813 |
9 |
25 |
27 |
28 |
26 |
33 |
35 |
38 |
29 |
22 |
272 |
|
33815 |
5 |
3 |
7 |
5 |
7 |
6 |
4 |
3 |
5 |
2 |
47 |
|
Grand Total |
115 |
125 |
152 |
154 |
156 |
169 |
188 |
166 |
183 |
177 |
1585 |
Lakeland Real Estate average and median home prices at its lowest point for this year
October - average sales price $115,951
Previous month: $129,025 (-10%) – previous year October 08: $149,732 (-23%)
October - median sales price $107,000
Previous month: $121,000 (-12%) – previous year October 08: $140,000 (-24%)
The graph below represents average and median prices in Lakeland for various categories.
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.
Distressed properties in Lakeland, Florida
For the month of October, distressed homes and bank-owned (REO) properties had a market share of 54% in the Lakeland Real Estate market. There were a total of 91 properties sold in October compared to 51 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS.
- Average days on market (DOM) for bank-owned properties are 64 days
- Average days on market (DOM) for other distressed properties are 194 days.
28 Distressed Homes Sold - average sold price $116,279 – median sold price $112,450
63 Bank-owned (REO) sold – average sold price $80,252 – median sold price $64,500
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.
I hope you found this post useful! If you need help finding or selling your Lakeland, Florida home, please contact Petra Norris - REALTOR 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 real estate landscape and all it has to offer.
