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Here are your weekly stats for activity in Lakeland! 📊✨

🏡 Homes currently for sale in Lakeland:

➡️ 1,135– Last week we had 1,122 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 141 of those homes have their own private pool, or 12% of active homes for sale.

🔨 186 Active homes are new construction 🏗️, making up 16% 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. 🌟 292 homes were built in 2020 or newer, which is 26%.

📈 Polk County’s new construction is in high demand!
🏠 1,083 of the 5,658 active homes (19%) are new builds, and 2,210(39%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 81 New Listings — Same from 81 last week!
📝 66 New Contracts — Same from 66 last week.
✅ 68 Sold/Closed Homes — Down from 83 last week.

💵 Market Numbers:

$343,023 Average Sold Price(Median: $323,900) 💰
$347,736 Average List Price ($382,084 Avg. Act. List Price) 🏷️
$187.89 Average Price Per Square Foot 📏
60 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,818 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 5 Bathrooms
📐 3,890 Heated Square Feet
💰 $989,000 Sales Price
🏷️ $999,999 List Price
🔢 99% List-to-Sale Percentage
⏳ 38 Days on Market
📏 $254.24 Price Per Square Foot
📍 Located in 33813 in Eaglebrooke
💵 Buyer used Cash to purchase the home

🏡 Smallest Sale for the Week:

🛏️ 1 Bedrooms
🛁 1 Bathroom
📐 564 Heated Square Feet
💰 $51,500 Sales Price
🏷️ $119,900 List Price
🔢 43% List-to-Sale Percentage
⏳ 564 Days on Market
📏 $91.31 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33805 in Weswego 🏘️

🙏 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!

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