Home Prices in Lakeland FL 33809 for August 2013
Home prices vary from zip code to zip code within Lakeland, FL. To give you a more concise report, I separate my analysis by zip code.
Lakeland, FL 33809 is located in the Northern part of Lakeland. Located East of US HYW 98 N and West of Interstate 4, this North Lakeland area has is within minutes to Shopping, Dining, Hospital and other specialized medical facilities. Nearby locations are Lake Gibson, which is great for boating, waterski and fishing. Lake Parker which has over 100 acres of native Florida vegetation, it is a great setting for all ages of sports enthusiasts. The Detroit Tigers hold their annual Spring Training at Tiger Town in the Joker Marchant Stadium.
You will find neighborhood such as Sherwood Forest, Hunters Run, Hunters Crossing, Sandpiper Golf & Country Club, Wedgewood Golf & Country Club, Hampton Chase, Plantation Ridge and many rural areas.
Real estate market data for Lakeland, FL 33803 is provided by Petra Norris of CDV Transatlantic, Inc. Real Estate Brokerage.
Lakeland FL 33809 Home Prices
We have seen for the past few months median list prices have decreased in June and July and now regaining momentum in August to $134,220. With only 75 single family homes and condos available, you still may be able find deals on a house in Lakeland but having a good real estate agent who understands the real estate market is a must. The days on market is only about 75 days with a low percentage (32%) of distressed homes.
Below you will see a graph trending the median list and sold prices. Understand the difference between “listing price” (what sellers are asking for ) and “sold prices” (what buyers have paid for the homes). By comparing these price trends, you will have a good idea of where the market is heading. The median listing and median sold home prices are calculated based on the market activity each month.
So don’t wait too long, homes that are priced right and are in good condition have received multiple offers within a few days of †hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don’t overpay for your home, you’ll want to have an agent that does a thorough market analysis of the home you are making an offer on.
Lakeland FL 33809 Real Estate Report Summary
The price per square foot for listings in this area is $87.
The median sold price in July for single family homes was $135,950.
The sale prices increased by 9.25% from the previous month. However for the previous year, the median sold price for single family homes decreased by 21%
Find Homes for Sale in Lakeland FL 33809
Visit my website to search for homes in Lakeland FL or be notified when Lakeland homes come on the market.
To find out what your home is worth in the current market email me petra[at]petranorris.com or call 863-619-6918.