Lakeland Florida Housing Report for February - Has it Bottom Out?
By Petra Norris, Realtor, Lakeland FL Homes for Sale
(Lakeland Real Estate Group, Inc.)
Lakeland Florida Housing Report for February - Has it Bottom Out? The housing market in Lakeland Florida still showed difficulties. But there are some promising signs that showed some improvement, so keep reading…. While the average sales price of $132,801 ($69.50 per sq.ft) for February dropped to 22% from the previous year, it showed a slight increase of 1% from the previous month. There was also an increase in properties sold, 125 Lakeland properties were sold in February compared to 113 homes sold the previous month. Over the past three month, the average sold price for a Lakeland home was $132,800. What do you think has the market in Lakeland, Florida bottom out? With the recent declining inventory and the latest sold data information within the past few months, there are definitel...
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