Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,166– Last week we had 1,147 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 147 of those homes have their own private pool, or 13% of active homes for sale.
🔨 140 Active homes are new construction 🏗️, making up 12% 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. 🌟 235 homes were built in 2020 or newer, which is 20%.
📈 Polk County’s new construction is in high demand!
🏠 1,228 of the 6,466 active homes (19%) are new builds, and 2,294(35%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 90 New Listings — Up from 69 last week!
📝 55 New Contracts –Down from 82 last week.
✅ 74 Sold/Closed Homes — Up from 69 last week.
💵 Market Numbers:
$318,282 Average Sold Price 💰
$322,795 Average List Price ($427,009 Avg. Act. List Price) 🏷️
$185.54 Average Price Per Square Foot 📏
41 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,738 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 5 Bedrooms
🛁 4 Bathrooms
📐 3,531 Heated Square Feet
💰 $607,120 Sales Price
🏷️ $607,120 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $171.94 Price Per Square Foot
📍 Located in 33811 in Hawthrone Ranch
💵 Buyer used FHA financing to purchase the home.
***The builder provided $20,000 in buyer credits
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 1 Bathroom
📐 1,110 Heated Square Feet
💰 $90,000 Sales Price
🏷️ $120,000 List Price
🔢 75% List-to-Sale Percentage
⏳ 11 Days on Market
📏 $81.08 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815 off Old Tampa Highway 🏘️
🙏 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 #iwanttobeyourrealtor
