Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,076 — Last week we had 1,055 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 151 of those homes have their own private pool, or 14% of active homes for sale.
🔨 100 Active homes are new construction 🏗️, making up 9% 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. 🌟 190 homes were built in 2020 or newer, which is 18%.
📈 Polk County’s new construction is in high demand!
🏠 1,579 of the 6,254 active homes (25%) are new builds, and 2,440(39%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 78 New Listings — Down from 86 last week!
📝 67 New Contracts — Down from 77 last week.
✅ 26 Sold/Closed Homes — Down from 40 last week.
💵 Market Numbers:
$290,988 Average Sold Price 💰
$294,581 Average List Price ($392,075 Avg. Active List Price) 🏷️
$179.86 Average Price Per Square Foot 📏
85 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,649 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3.5 Bathrooms
📐 2,801 Heated Square Feet
💰 $610,000 Sales Price
🏷️ $649,900 List Price
🔢 94% List-to-Sale Percentage
⏳ 173 Days on Market
📏 $217.78 Price Per Square Foot
📍 Located in 33801, near Lake Hollingsworth 🏞️
💵 Buyer used Cash to purchase the home.
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 1,092 Heated Square Feet
💰 $80,000 Sales Price
🏷️ $99,900 List Price
🔢 80% List-to-Sale Percentage
⏳ 28 Days on Market
📏 $73.26 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815, in Friendship Village 🏘️
🙏 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 #communitymatters #bettertogether #movetolakeland #movetoflorida #lakelandmarketstats #smallbusinessbigdreams #smallbusinessbigheart #iwanttobeyourrealtor 🏡✨
