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

🏡 Homes currently for sale in Lakeland:

➡️ 1,035 — Last week we had 1,018 homes for sale. Inventory is staying steady 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 14% of active homes for sale.

🔨 93 Active homes are new construction 🏗️, making 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. 🌟 177 homes were built in 2020 or newer, which is 17%.

📈 Polk County’s new construction is in high demand!
🏠 1,592 of the 6,077 active homes (26%) are new builds, and 2,407 (40%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 94 New Listings — Up from 54 last week! 🚀
📝 53 New Contracts — Down from 454 last week. ⬇️
✅ 37 Sold/Closed Homes — Down from 44 last week.

💵 Market Numbers:

$391,030 Average Sold Price 💰
$403,732 Average List Price ($357,027 Avg. Active List Price) 🏷️
$223.09 Average Price Per Square Foot 📏
56 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,663 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 3 Bedrooms
🛁 2.5 Bathrooms
📐 2,200 Heated Square Feet
💰 $2,450,000 Sales Price
🏷️ $2,700,000 List Price
🔢 91% List-to-Sale Percentage
⏳ 187 Days on Market
📏 $1,113.64 Price Per Square Foot
📍 Located in 33809, off Moore Rd, with 132 acres 🏞️
💵 Buyer used Cash to purchase the home.

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 696 Heated Square Feet
💰 $95,000 Sales Price
🏷️ $120,000 List Price
🔢 79% List-to-Sale Percentage
⏳ 43 Days on Market
📏 $136.49 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801, in Country Club Estates 🏘️
🤝 The listing agent was also the buyer’s agent.

🙏 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 #communitymatters #bettertogether #movetolakeland #movetoflorida #lakelandmarketstats #smallbusinessbigdreams #smallbusinessbigheart #iwanttobeyourrealtor 🏡✨