Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,068– Last week we had 1,076 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 150 of those homes have their own private pool, or 14% of active homes for sale.
🔨 95 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!
🏠 1,585 of the 6,232 active homes (25%) are new builds, and 2,455(39%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 85 New Listings — Up from 78 last week!
📝 66 New Contracts — Down from 67 last week.
✅ 51 Sold/Closed Homes — Up from 26 last week.
💵 Market Numbers:
$374,784 Average Sold Price 💰
$385,622 Average List Price ($385,542 Avg. Active List Price) 🏷️
$191.35 Average Price Per Square Foot 📏
68 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,927 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3.5 Bathrooms
📐 2,637 Heated Square Feet
💰 $1,000,000 Sales Price
🏷️ $1,050,000 List Price
🔢 95% List-to-Sale Percentage
⏳ 31 Days on Market
📏 $379.22 Price Per Square Foot
📍 Located in 33812, and almost on 1 Acre lot
💵 Buyer used Cash to purchase the home.
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 1.5 Bathroom
📐 1,050 Heated Square Feet
💰 $100,000 Sales Price
🏷️ $112,000 List Price
🔢 89% List-to-Sale Percentage
⏳ 297 Days on Market
📏 $95.24 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33809, in Lakeside Hills Estates 🏘️
🙏 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 🏡✨
