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Latest News From Lakeland Hometown Properties
Your Lakeland Weekly Market Stats for May 05th to May 11th, 2025
Here are your weekly stats for activity in Lakeland! πβ¨
π‘ Homes currently for sale in Lakeland:
β‘οΈ 1,128– Last week we had 1,128 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 144 of those homes have their own private pool, or 13% of active homes for sale.
π¨ 133 Active homes are new construction ποΈ, 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. π 234 homes were built in 2020 or newer, which is 21%.
π Polk County’s new construction is in high demand!
π 1,242 of the 6,612 active homes (19%) are new builds, and 2,283(35%) were built in 2020 or newer.
π Weekly Highlights:
π 89 New Listings — Up from 88 last week!
π 80 New Contracts –Up from 76 last week.
β
64 Sold/Closed Homes — Down from 73 last week.
π΅ Market Numbers:
$294,483 Average Sold Price π°
$299,222 Average List Price ($378,297 Avg. Act. List Price) π·οΈ
$176.29 Average Price Per Square Foot π
62 Average Days on Market Before Contract β³
98% List-to-Sales Price π₯
π Average sized home for the Sold properties:
ποΈ 3 Bedrooms
π 2 Bathrooms
π 1,708 Heated Square Feet
β¨ Largest Sale for the Week:
ποΈ 5 Bedrooms
π 4 Bathrooms
π 3,708 Heated Square Feet
π° $765,000 Sales Price
π·οΈ $765,000 List Price
π’ 100% List-to-Sale Percentage
β³ 6 Days on Market
π $206.31 Price Per Square Foot
π Located in 33813 in Sugartree
π΅ Buyer used Conventional Financing to purchase the home.
***Listing agent represented both buyer and seller
***Seller credited the buyer $20,000 for a credit
π‘ Smallest Sale for the Week:
ποΈ 3 Bedrooms
π 2 Bathroom
π 1,440 Heated Square Feet
π° $96,000 Sales Price
π·οΈ $119,000 List Price
π’ 81% List-to-Sale Percentage
β³ 4 Days on Market
π $66.67 Price Per Square Foot
π΅ Buyer used Cash to purchase the home.
π Located in 33809 in Woods Ranching & Farming 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 #communitymatters #iwanttobeyourrealtor
Open House- 6506 Sedgeford Dr Lakeland 11am to 1pm 05/10/2025
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Your Lakeland Weekly Market Stats for April 28th to May 04th, 2025
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Your Lakeland Weekly Market Stats for April 21st to April 27th, 2025
Here are your weekly stats for activity in Lakeland! πβ¨ π‘ Homes currently for sale in Lakeland: β‘οΈ 1,103-- Last week we had 1,119 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 143 of...
Open House 05/26/2025–6506 Sedgeford Dr
π‘ OPEN HOUSE β Saturday, 04/26/2025 from 11AM to 1PM! ποΈ π 6506 Sedgeford Dr, Lakeland, FL 33811 Come tour this beautiful townhome in South Lakelandβs gated community of Chelsea Oaks! π₯ PRICE JUST REDUCED BY $7,000! Donβt miss this amazing value! β¨ This spacious home...
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Here are your weekly stats for activity in Lakeland! πβ¨ π‘ Homes currently for sale in Lakeland: β‘οΈ 1,105-- Last week we had 1,103 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 144 of...