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

🏡 Homes currently for sale in Lakeland:

➡️ 1,070– Last week we had 1,043 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 159 of those homes have their own private pool, or 15% of active homes for sale.

🔨 171 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. 🌟 278 homes were built in 2020 or newer, which is 26%.

📈 Polk County’s new construction is in high demand!
🏠 1,052 of the 5,692 active homes (18%) are new builds, and 2,132(37%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 81 New Listings — Up from 75 last week!
📝 64 New Contracts — Down from 84 last week.
✅ 65 Sold/Closed Homes — Down from 68 last week.

💵 Market Numbers:

$323,874 Average Sold Price(Median: $305,000) 💰
$332,171 Average List Price ($392,735 Avg. Act. List Price) 🏷️
$180.27 Average Price Per Square Foot 📏
64 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,796 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 3 Bathrooms
📐 3,006 Heated Square Feet
💰 $776,000 Sales Price
🏷️ $775,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 21 Days on Market
📏 $258.15 Price Per Square Foot
📍 Located in 33813 in Eaglebrooke
💵 Buyer used Conventional Financing to purchase the home

🏡 Smallest Sale for the Week:

🛏️ 3 Bedrooms
🛁 1 Bathroom
📐 1,199 Heated Square Feet
💰 $110,000 Sales Price
🏷️ $129,900 List Price
🔢 85% List-to-Sale Percentage
⏳ 3 Days on Market
📏 $91.74 Price Per Square Foot
💵 Buyer used Private Financing to purchase the home.
📍 Located in 33801 on Gilmore Ave 🏘️

🙏 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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