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Gate Arty - Lakeland Florida Real Estate

Lakeland Derby - 2009

The Kentucky Derby is right around the corner, so that means the swans are ready to race as well! Watch these "birds" race a week before the horses gallop out of the gates. This Friday April 24th marks the 2nd annual Lakeland Derby. The event is staged on the shores of Lake Mirror. The "Derby-style" race features hand-crafted swan paddleboats manned by "jockeys" that will compete for the prestigious Lakeland Derby trophy. At 5:00 pm the festivities will begin with open concessions & a VIP reception. Other opening events include the Call to Post, the Maiden Race, & the hotly-anticipated Derby Hat Contest.

The Running of the Ducks will begin at 5:45 pm

The Parade to Post will begin at 6:15 pm

The Main Event - Lakeland Derby Race is scheduled for 6:40 pm

Music entertainment, MillHopper will perform at 7:30 pm

The spectacular conclusion of the event will be the fireworks at 9:15 pm. A great place to view the fireworks is Overlook Park. Proceeds of the event support Lakeland Volunteers in Medicine, a local charity.

Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!

March 2009 Real Estate Sales Statistics

Well not all real estate news has to be bad. The good thing about hitting bottom is there is only one way to go . . . & that is UP! And for Polk County at east, things are beginning to trend positive. Robust recovery anyone?

In Lakeland for the month of March 2009, there were 188 homes that sold. Compare this to the 146 units that sold in February 2009, & the paltry 126 that sold the month prior. Folks, those figures represent a whopping 22% spike in month over month sales! Looking into the numbers even further, Keller Williams Realty - Lakeland office, accounted for nearly half of those sales by leading the way with 97 sales units. Keller Williams Realty continued its market share dominance with a 44% jump in sales month over month. Not only is activity picking up, but values were also promising. The average sales price was $130,059 which was up from $124,550 the previous month. The current months inventory is now at 13.89, & we have not been that low since May 2007. The most active price range is still the lower price points. The $120,000 - $139,999 accounted for nearly 13% of the sales activity. Take this into consideration, only 2 homes sold for more than $300,000. Ouch! The average days on the market was 122 days.

In East Polk County, March 2009 was the best month since December 2006 with 149 homes sold. Compare that to 114 in February & 104 in January. Average sales price was slightly up to $102,886. Current months of inventory are now at 12.79 . . . again this figure has not been this positive since 2006! The average days on the market is 120 days. The most active price range was also the $120,000 - $139,999 representing 9.4% of the market. Only one home sold for over $300,000 in all of East Polk.

Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!

Walk for Autism - 2009

Put your walking shoes on the morning of Saturday April 11th, 2009 for a worthy cause. Picturesque Lake Hollingsworth will be the scenic backdrop of the sixth annual 5K "Walk for Autism." Registration begins at 8:00 a.m. on site. You may also register today at www.cfaii.org. All proceeds will remain in Central Florida. See you there!

Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!

Farmers Curb Market

A popular local destinantion, The Farmers Curb Market alongside the corner of Pine Street & Kentucky Avenue has decided to DOUBLE your fun! Not only will the market be open on Saturday mornings, but now you can visit the local marketplace on Wednesdays. Giving local patrons that work in the area the opportunity to visit during the workday. The Wednesday hours will be from 11 a.m. to 6 p.m.

Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!

First Friday - April 2009

This week marks the monthly First Friday event in historic Downtown Lakeland. This month's theme is "Bicycle Night." Enjoy a beautiful bike ride thru the streets of Downtown Lakeland. Many bike clubs & organizations are expected to be present. For the kids, there will be a fun bike parade around picturesque Munn Park beginning at 7 pm. All participants will win a ribbon! Go by Explorations V Children's Museum first as they will provide decorating stations so the bikes may be properly detailed. FREE bike lights installed & bike helmets fitted while supplies last on the corner of Bay Street & Kentucky Avenue. As usual, the shops will be open late. Don't forget to bring your appetite, because there are a multitude of fine restaurants & eateries within walking distance. Music, arts, & entertainment will fill the street-sides. The popular Classic Car Show can always be found on Tennessee Avenue. This month's event is sponsored by the Florida Department of Transportation & Polk County Community Traffic Safety Team.

Don't forget to visit Central Florida's premier real estate website at www.GateArty.com for all your real estate needs!