LAKELAND — Both the state and local housing markets carried their momentum from 2015 into the start of the new year with home sales on the Rise

The latest report from Florida Realtors revealed year-to-year increases in closed sales and median prices for single-family homes. Statewide, there were 16,259 closed sales for existing single-family homes in January, which is a 2.7 percent increase from last year. The $199,000 median sale price for those homes also represented a 13.7 percent increase from a year ago.

“Florida’s housing market remains on a steady path,” said Matey Veissi, president of Florida Realtors, in a press release. “While inventory levels are tight, the month's supply of homes for sale remains stable and distressed property sales continue to fall.

“The current market offers a great opportunity for sellers, who are getting nearly 94 percent (for existing single-family homes) of their asking price at the closing table.''

Matt Kelton is the chief operating officer of Nashville-based Showhomes, a home-staging franchise that operates 55 locations in 18 states. He said Florida is a top performer for the company.

“Florida is our biggest state in terms of number of locations and revenue,” Kelton said. “The feedback we get is that it’s a hot market, and we’re seeing homes sell very quickly.”

The Lakeland-Winter Haven metro area, which comprises all of Polk County, saw slightly better gains compared to the rest of the state.

There were 539 closed sales for single-family homes in January, which was a 4.9 percent increase from last year. The median price for those homes was $150,000, which is up 17.4 percent from a year ago.

“Polk County has had a lot of growth, especially in terms of new construction,” said Kelton, who lived in Lakeland for five years during the early 2000s. “We’re looking forward to establishing a presence in Polk.”

— John Ceballos can be reached at or 863-802-7515.




Posted by Florida Realty Marketplace on


Email Send a link to post via Email

Leave A Comment

Please note that your email address is kept private upon posting.