Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
762–Last week we had 779 homes for sale. Inventory is staying consistent in that range. 110 of those homes have their own private pool or 14% of active homes for sale.
***89 of the 762 Active homes are new construction. That makes up 12% of the inventory. 144 homes were built in 2020 or newer which is 19%. Polk County’s new construction is exploding and 1,209 of the 4,548 active homes(27%) are new builds and 1,732(38%) were built in 2020 are newer.
– 77 New Listings– Down from 97 last week!
– 87 New Contracts– Up from 80 last week!
– 53 Sold/Closed Homes– Up from 44 last week!
– $354,104 Average Sold Price
– $366,741 Average List Price($381,409 Avg. Active List Price)
– $186.83 Average Price Per Square Feet
– 50 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,961 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 3.5 Bathrooms
– 4,757 Heated Square Feet
– $1,143,500 Sales Price
– $1,235,000 List Price
– 93% List to Sale Percentage
– 294 Days on Market
– $240.38 Price Per Square Foot
– Located in 33803 in Phillips Heights Subdivision
– Buyer used Conventional to purchase the home
Smallest sale for the week:
– 5 Bedrooms
– 2 Bathrooms
– 2,052 Heated Square Feet
– $60,000 Sales Price
– $69,000 List Price
– 87% List to Sale Percentage
– 1 Days on Market
– $29.24 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33810 and is a manufactured home
– The listing agent also represented the buyer in the purchase
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!
