Southwest Market Trends


Median Sales Price in Southwest

 

1 yr 5 yr Max
Southwest median sales prices
Number of sold homes in Southwest
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Southwest $84,450 -16.0% $98,000 $100,500 $80,000
Lakeland $123,000 +2.5% $123,950 $120,000 $125,000
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Summary for Southwest


The median sales price for homes in Southwest for May 14 to Aug 14 was $84,450. This represents a decline of 13.8%, or $13,550, compared to the prior quarter and a decrease of 16% compared to the prior year. Sales prices have appreciated 5.6% over the last 5 years in Southwest, Lakeland. The median sales price of $84,450 for Southwest is 31.34% lower than the median sales price for Lakeland FL. Average listing price for homes on Trulia in Southwest was $122,432 for the week ending Aug 13, which represents an increase of 1.3%, or $1,579 compared to the prior week and an increase of 2.9%, or $3,415, compared to the week ending Jul 23. Average price per square foot for homes in Southwest was $72 in the most recent quarter, which is 7.69% lower than the average price per square foot for homes in Lakeland.

Average Listing Price in Southwest

 

Southwest average property price
Southwest – number of properties
Neighborhood Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
Week ending
Jul 23
Southwest $122,432 +1.3% $120,853 $122,782 $119,017
Lakeland $175,959 -2.4% $180,342 $174,830 $182,686
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Average Price Per Sqft. for Homes in Southwest

 

1 yr 5 yr Max
Southwest average price per square foot
Neighborhood May - Aug '14 y-o-y 3 months prior 1 year prior 5 years prior
Southwest $72 -2.7% $64 $74 $62
Lakeland $78 0.0% $75 $78 $78
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Popular Neighborhoods in Lakeland


Neighborhoods Week ending
Aug 13
w-o-w Week ending
Aug 6
Week ending
Jul 30
Lake Hollingsworth 1 +2 3 1
Kathleen 2 +13 15 21
Crystal Lake 3 -2 1 3
Lake Morton Historic District 4 4 2
Lake Bentley 5 -3 2 5
Edgewater Beach 6 +22 28 33
Homes for Sale in Southwest
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