Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,164– Last week we had 1,155 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 142 of those homes have their own private pool, or 13% of active homes for sale.
🔨 200 Active homes are new construction 🏗️, making up 17% 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. 🌟 302 homes were built in 2020 or newer, which is 26%.
📈 Polk County’s new construction is in high demand!
🏠 1,039 of the 5,789 active homes (18%) are new builds, and 2,207(38%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 59 New Listings — Down from 84 last week!
📝 54 New Contracts — Down from 72 last week.
✅ 62 Sold/Closed Homes — Up from 57 last week.
💵 Market Numbers:
$345,976 Average Sold Price(Median: $339,500) 💰
$352,343 Average List Price ($362,802 Avg. Act. List Price) 🏷️
$184.92 Average Price Per Square Foot 📏
66 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,887 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 5 Bedrooms
🛁 3 Bathrooms
📐 2,800 Heated Square Feet
💰 $760,000 Sales Price
🏷️ $749,000 List Price
🔢 101% List-to-Sale Percentage
⏳ 2 Days on Market
📏 $271.43 Price Per Square Foot
📍 Located in 33812 in Lakeside Heritage
💵 Buyer used Conventional Financing to purchase the home
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 1,104 Heated Square Feet
💰 $81,000 Sales Price
🏷️ $99,000 List Price
🔢 82% List-to-Sale Percentage
⏳ 498 Days on Market
📏 $73.37 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 #iwanttobeyourrealtor
