Lakeland Florida Homes for Sale - Newly Listed

Hi Petra...Nice Market update, did I hear your listing inventory is declining ?...mmm does that mean maybe you've passed the bottom? Buyers ...If You Snooze You Lose !

Cheers, thanks for sharing your market report :O)

Nice update , Petra.  I am surprised to read that condos are more expensive than homes.  I have seen a great decline in our "neck of the woods".  Our medium home price here is around $348,000 and has come down significantly.  Inventory here is also declining but not as much as the nation average of 18%. About 70% of all homes sold in the last 5 years here in Gilroy are "under water".  Keep us posted. 

Anja K Kerstens

Fred - Let's hope the inventory keeps declining.

Anja - This update here only shows what's new on the market for that particular week. Currently our median home price for condos is $149,450 with a total of 115 units currently for sale. Only 2 condos were sold last month and for the last six month 14 have sold - median sold price $104,700. This is a more realistic figure to our total median home prices of $131,335.

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Petra nice job keeping your readers informed on what is going on in the RE market.

Bill - I appreciate you stopping by reading my updates on newly listed. I try my best to keep consumers informed on a weekly basis with a monthly report of what has been sold.

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