Lakeland Real Estate Housing for December 2009
Lakeland ended the year on a high note in sales. With 194 homes sold overall, the month of December proved to be the best month for 2009.
Lakeland Homes sold in December: 194 - previous month: 174 – previous year December 08: 136 sold
Which zip codes represents the most sales activities since January 2009?
|
Zip Code |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
Total |
|
33801 |
20 |
12 |
15 |
21 |
13 |
16 |
17 |
12 |
20 |
27 |
20 |
31 |
224 |
|
33803 |
11 |
10 |
16 |
18 |
16 |
19 |
26 |
19 |
22 |
25 |
20 |
24 |
226 |
|
33805 |
12 |
11 |
12 |
9 |
5 |
10 |
14 |
14 |
8 |
14 |
12 |
14 |
135 |
|
33809 |
13 |
12 |
16 |
11 |
18 |
17 |
16 |
17 |
25 |
17 |
21 |
23 |
206 |
|
33810 |
25 |
31 |
34 |
31 |
46 |
37 |
40 |
33 |
42 |
46 |
43 |
40 |
448 |
|
33811 |
10 |
16 |
17 |
18 |
18 |
22 |
20 |
15 |
22 |
15 |
18 |
17 |
208 |
|
33812 |
10 |
5 |
8 |
13 |
7 |
9 |
16 |
15 |
10 |
9 |
13 |
14 |
129 |
|
33813 |
9 |
25 |
27 |
28 |
26 |
33 |
35 |
38 |
29 |
22 |
24 |
25 |
321 |
|
33815 |
5 |
3 |
7 |
5 |
7 |
6 |
4 |
3 |
5 |
2 |
3 |
6 |
56 |
|
Total |
115 |
125 |
152 |
154 |
156 |
169 |
188 |
166 |
183 |
177 |
174 |
194 |
1953 |
While home prices are at 2004 level and still showing signs of downward market adjustments, the adjustments for December compared to last years figures are no longer in double digits. I suspect in the coming month that we see the market will stabilize. Distressed properties continue to influence market values for Lakeland Real Estate.
December - average sales price $123,865
Previous month: $122,590 (+ 1%) – previous year December 08: $134,370(-7.82%)
December - median sales price $113,950
Previous month: $119,000 (-4.24%) – previous year December 08: $125,420 (-9.15%)
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 December, Lakeland’s real estate market of distressed homes and bank-owned (REO) properties had a market share of 53%. There were a total of 103 properties sold in December compared to 36 distressed Lakeland homes sold the year prior, according to Mid-Florida Regional MLS.
- Average days on market (DOM) for bank-owned properties are 49 days
- Average days on market (DOM) for other distressed properties are 146 days.
28 Distressed Homes Sold - average sold price $118,425 – median sold price $122,000
75 Bank-owned (REO) sold – average sold price $94,819 – median sold price $80,000
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(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.
Hi Petra...looks like your market ended the Year ahead :O))