Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,085– Last week we had 1,075 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 149 of those homes have their own private pool, or 14% of active homes for sale.
🔨 162 Active homes are new construction 🏗️, making up 15% of the inventory. The new home construction in Lakeland is not nearly as high as in the rest of the county and is stable in that range. 🌟 269 homes were built in 2020 or newer, which is 25%.
📈 Polk County’s new construction is in high demand!
🏠 1,158 of the 5,814 active homes (20%) are new builds, and 2,136(37%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 91 New Listings — Up from 85 last week!
📝 69 New Contracts –Down from 92 last week.
✅ 46 Sold/Closed Homes — Up from 37 last week.
💵 Market Numbers:
$319,401 Average Sold Price(Median: $305,400) 💰
$323,778 Average List Price ($388,009 Avg. Act. List Price) 🏷️
$178.59 Average Price Per Square Foot 📏
59 Average Days on Market Before Contract ⏳
99% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,779 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 3 Bedrooms
🛁 3 Bathrooms
📐 3,305 Heated Square Feet
💰 $915,000 Sales Price
🏷️ $895,000 List Price
🔢 102% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $276.85 Price Per Square Foot
📍 Located in 33803 in Fairway Lakes
💵 Buyer used Cash to purchase the home
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 960 Heated Square Feet
💰 $49,500 Sales Price
🏷️ $49,400 List Price
🔢 100% List-to-Sale Percentage
⏳ 60 Days on Market
📏 $51.56 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33805 in Timbercreek 🏘️
**The property was sold for land value
🙏 Thanks for taking the time to check out these stats!
If you’d like to chat about trends, how the market compares to previous years, or explore how we can help you, let’s connect! 💬
📞 Reach out today to set up a time to get together! 🏡 Real estate is our passion!
#wearelakeland #lakelandhometownproperties #lakelandrealestate #iwanttobeyourrealtor
