Lakeland Real Estate Blog by Petra

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Lakeland, Florida are you still looking over the fence?

So why don't you hop over and take a look at my market report for Lakeland and the surrounding cities within Polk County, FL. There are currently over 8100 properties for sale in Polk County. WOW - A lot of properties for sale and as long as Polk County has a high inventory, the prices will be dropping - Supply and Demand. My market area is Lakeland, which has around 2400 properties for sale. The average listing price in Lakeland is currently $234,000.

We are still waiting for the market to rebound. Last month according to the Mid Florida Regional MLS the numbers for Polk County homes sold dropped to 427 from 514 properties sold the previous year. The average sold price for Polk County for April 08 was $167, 285 compared to $198,367 in April 2007, a decrease by 15%.

Lakeland's market is almost a mirror image of all of Polk County. The average sold price for the month of April 08 was $163,555 compared to last year's number for April of $199,619. The data for this report was obtained from the Mid-Florida Regional MLS, it is deemed reliable but not guaranteed. This report does not include "For Sale By Owner".

Let's take a look at last month market report for the surrounding cities in Polk County:

Winter Haven - 69 properties sold - average sold price $175,753 

Bartow - 13 properties sold - average sold price $91,595

Mulberry - 22 properties sold - average sold price $143,686

Auburndale - 17 properties sold - average sold price $163,832

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

Click here to search for properties in Lakeland and surrounding cities!

 

Copyright © 2008 http://www.petranorris.com| All Rights Reserved |

Are you still looking over the fence?

Petra Norris - CDV TransAtlantic, Inc. - Licensed Florida Real Estate Broker -

PO Box 92050 - Lakeland, FL 33804-2050 - Telephone (863) 619-6918

This blog is solely my point of view

 

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.

3 comments • Petra Norris - Lakeland Florida Realtor® Lakeland Florida Real Estate, • May 11 2008 09:09PM

Comments

Nice post.  I have a brother-in-law who lives in your area and forwarded the information to him as he works with a company doing remodles and add ons.  Thanks for makeing me think about it.  I will try to get him you contact info if it does not show up in the email portion of this system and maybe you have a client that is interested in their type work.
Posted by L. Wayne Denton I HAVE A HANDLE ON YOUR MARKET! ! ! (Denton Properties, Inc.) about 1 year ago
Nice post.  I have a brother-in-law who lives in your area and forwarded the information to him as he works with a company doing remodles and add ons.  Thanks for makeing me think about it.  I will try to get him you contact info if it does not show up in the email portion of this system and maybe you have a client that is interested in their type work.
Posted by L. Wayne Denton I HAVE A HANDLE ON YOUR MARKET! ! ! (Denton Properties, Inc.) about 1 year ago

L. Wayne - thanks for your comment and sharing my info.

Posted by Petra Norris - Lakeland Florida Realtor® Lakeland Florida Real Estate, (CDV TransAtlantic, Inc.) about 1 year ago

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