Here are your weekly stats for activity in Lakeland! πβ¨
π‘ Homes currently for sale in Lakeland:
β‘οΈ 1,184– Last week we had 1,173 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. πββοΈ 168 of those homes have their own private pool, or 16% of active homes for sale.
π¨ 182 Active homes are new construction ποΈ, making up 15% 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 284 homes were built in 2020 or newer, which is 24%.
π Polk County’s new construction is in high demand!
π 1,075 of the 6,112 active homes (18%) are new builds, and 2,220(36%) were built in 2020 or newer.
π Weekly Highlights:
π 62 New Listings — Up from 54 last week!
π 47 New Contracts — Up from 46 last week.
β
68 Sold/Closed Homes — Up from 52 last week.
π΅ Market Numbers:
$329,438 Average Sold Price(Median: $315,495) π°
$334,207 Average List Price ($347,418 Avg. Act. List Price) π·οΈ
$181.56 Average Price Per Square Foot π
56 Average Days on Market Before Contract β³
99% List-to-Sales Price π₯
π Average sized home for the Sold properties:
ποΈ 3 Bedrooms
π 2 Bathrooms
π 1,826 Heated Square Feet
β¨ Largest Sale for the Week:
ποΈ 4 Bedrooms
π 3/1 Bathrooms
π 2,924 Heated Square Feet
π° $750,000 Sales Price
π·οΈ $775,000 List Price
π’ 97% List-to-Sale Percentage
β³ 25 Days on Market
π $256.50 Price Per Square Foot
π Located in 33810 in Grovewood
π΅ Buyer used Conventional to purchase the home
π‘ Smallest Sale for the Week:
ποΈ 3 Bedrooms
π 2 Bathroom
π 1,404 Heated Square Feet
π° $50,000 Sales Price
π·οΈ $50,000 List Price
π’ 100% List-to-Sale Percentage
β³ 0 Days on Market
π $35.61 Price Per Square Foot
π΅ Buyer used Cash to purchase the home.
π Located in 33803 in Sylvester Shores 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!
#wearelakeland #lakelandhometownproperties #lakelandrealestate #iwanttobeyourrealtor

