For Lakeland housing report for the month of June, I thought I share it with you in pictures.
Lakeland Homes sold in June: 169 - previous month: 156 – previous year June 08: 148 sold
Which zip codes represents the most sales activities since January 2009?
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.
Lakeland Real Estate average and median home prices
Average sales price in June: $145,767 – previous month: $124,689 – previous year June 08: $177,190
Median sales price in June: $125,000 – previous month: $119,500 – previous year June 08: $165,250
The graph below represents average and median prices in Lakeland for various categories.
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 1697 homes resulting in 18 month of supply. Distressed properties – Inventory active and pending 742 homes resulting in a 12 month supply.
Bank-Owned properties continue to influence Lakeland Real Estate
Since the beginning of the year, distressed homes and bank-owned (REO) properties for the Lakeland Real Estate market still play a major role.
Sales activities shows 64 properties sold in June according to Mid-Florida Regional MLS.
26 Distressed Homes Sold - average sold price $132,588 – median sold price $127,500
38 Bank-owned (REO) sold – average sold price $95,229 – median sold price $83,153
For a more detailed report, which includes an interactive map and graphs, please visit by clicking this link to my Lakeland Market Reports
Let’s take a look at last month sold report for the surrounding cities in Polk County:
Winter Haven - 75 properties sold - average sold price $119,128 - average $64.40 per sq.ft.
Bartow - 17 properties sold - average sold price $79,472 average $52.63 per sq.ft.
Mulberry - 17 properties sold - average sold price $108,108 - average $67.32 per sq.ft.
Auburndale – 17 properties sold - average sold price $115,122 - average $60.36 per sq.ft.
Polk City - 6 properties sold – average sold price $93,448 - $52.25 per sq.ft.
Lake Alfred – 10 properties sold – average sold price $112,829 - $54.84 per sq.ft.
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 me 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.
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.
Petra, this report is very detailed and well done! Seems like activity in your area has increased as well and that is good news!
Silvia - thanks for stopping by. The numbers are very promissing in the hopes it will further increase for the remainder of the year.