Here are your weekly stats for activity in Lakeland! πβ¨
π‘ Homes currently for sale in Lakeland:
β‘οΈ 1,068– Last week we had 1,068 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 144 of those homes have their own private pool, or 13% of active homes for sale.
π¨ 94 Active homes are new construction ποΈ, 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. π 199 homes were built in 2020 or newer, which is 19%.
π Polk County’s new construction is in high demand!
π 1,540 of the 6,505 active homes (24%) are new builds, and 2,453(38%) were built in 2020 or newer.
π Weekly Highlights:
π 95 New Listings — Up from 85 last week!
π 73 New Contracts — Up from 66 last week.
β
49 Sold/Closed Homes — Down from 51 last week.
π΅ Market Numbers:
$324,837 Average Sold Price π°
$334,176 Average List Price ($371,311 Avg. Active List Price) π·οΈ
$174.93 Average Price Per Square Foot π
76 Average Days on Market Before Contract β³
97% List-to-Sales Price π₯
π Average sized home for the Sold properties:
ποΈ 3 Bedrooms
π 2 Bathrooms
π 1,779 Heated Square Feet
β¨ Largest Sale for the Week:
ποΈ 4 Bedrooms
π 3.5 Bathrooms
π 3,665 Heated Square Feet
π° $1,215,000 Sales Price
π·οΈ $1,275,000 List Price
π’ 95% List-to-Sale Percentage
β³ 103 Days on Market
π $331.51 Price Per Square Foot
π Located in 33812, and almost on 1 Acre lot
π΅ Buyer used Cash to purchase the home.
π‘ Smallest Sale for the Week:
ποΈ 2 Bedrooms
π 1 Bathroom
π 1,124 Heated Square Feet
π° $50,000 Sales Price
π·οΈ $129,900 List Price
π’ 38% List-to-Sale Percentage
β³ 12 Days on Market
π $44.48 Price Per Square Foot
π΅ Buyer used Cash to purchase the home.
π Located in 33805, in Lakeside Providence Park ποΈ
π Thanks for taking the time to check out these stats!
If youβd like to chat about trends, how the market compares to previous years, or explore how we can help you, letβs connect! π¬
π Reach out today to set up a time to get together! π‘ Real estate is our passion!
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