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Here are your weekly stats for activity in Lakeland!

Homes currently for sale in Lakeland:

1,089–Last week we had 1,082 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 151 of those homes have their own private pool or 14% of active homes for sale.

***100 of the 1,089 Active homes are new construction. That makes 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. 183 homes were built in 2020 or newer which is 17%. Polk County’s new construction is in high demand and 1,527 of the 6,235 active homes(24%) are new builds and 2,314(37%) were built in 2020 are newer.

– 75 New Listings– Up from 65 last week!
– 53 New Contracts– Up from 50 last week!
– 36 Sold/Closed Homes– Down from 37 last week!
– $341,083 Average Sold Price
– $347,752 Average List Price($338,221 Avg. Active List Price)
– $197.95 Average Price Per Square Feet
– 38 Average Days on Market Before Contract
– 98% is List to Sales Price

Average sized home for the Solds are:

– 3 Bedroom
– 2 Bathrooms
– 1,740 Heated Square Feet

Largest sale for the week:

– 2 Bedrooms
– 2.5 Bathrooms
– 2,995 Heated Square Feet
– $655,000 Sales Price
– $699,000 List Price
– 94% List to Sale Percentage
– 28 Days on Market
– $218.70 Price Per Square Foot
– Located in 33803 and located in Turnberry
– Buyer used Cash to purchase the home

Smallest sale for the week:

– 1 Bedrooms
– 1 Bathrooms
– 618 Heated Square Feet
– $127,000 Sales Price
– $132,000 List Price
– 96% List to Sale Percentage
– 229 Days on Market
– $205.50 Price Per Square Foot
– Buyer used Cash to purchase the home
– This home is located in 33810 and is a condo

Thanks for taking the time to check out these stats. If you would like to speak to us about these, how they are trending this year compared to other years or want to speak about how we can help you, we would love to connect! Reach out today and lets set up a time to get together! Real estate is our passion!

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