Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
718–Last week we had 703 homes for sale. Inventory is staying consistent in that range. 137 of those homes have their own private pool or 19% of active homes for sale.
***81 of the 718 Active homes are new construction. That makes up 11% of the inventory. 121 homes were built in 2020 or newer which is 17%. Polk County’s new construction is exploding and 1,167 of the 4,268 active homes(27%) are new builds and 1,588(37%) were built in 2020 are newer.
– 69 New Listings–Up from 51 last week!
– 54 New Contracts– Up from 43 last week!
– 75 Sold/Closed Homes– Up from 53 last week!
– $319,026 Average Sold Price
– $325,550 Average List Price($394,267 Avg. Active List Price)
– $180.21 Average Price Per Square Feet
– 29 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,763 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 5/2 Bathrooms
– 4,868 Heated Square Feet
– $1,075,000 Sales Price
– $1,200,000 List Price
– 90% List to Sale Percentage
– 9 Days on Market
– $220.83 Price Per Square Foot
– Located in 33811 on 7.29 acre lot in Southwest Lakeland
– Buyer used Cash to Purchase the Home
Smallest sale for the week:
– 3 Bedrooms
– 1 Bathrooms
– 588 Heated Square Feet
– $60,000 Sales Price
– $60,000 List Price
– 100% List to Sale Percentage
– 7 Days on Market
– $102.04 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33805 and is a mobile home
Thanks for taking the time to check out these stats. If you would like to speak to us about these, how they are trending this year compared to other years or want to speak about how we can help you, we would love to connect! Reach out today and lets set up a time to get together! Real estate is our passion!
