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

🏡 Homes currently for sale in Lakeland:

➡️ 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. 🏊‍♀️ 144 of those homes have their own private pool, or 13% of active homes for sale.

🔨 133 Active homes are new construction 🏗️, 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. 🌟 234 homes were built in 2020 or newer, which is 21%.

📈 Polk County’s new construction is in high demand!
🏠 1,242 of the 6,612 active homes (19%) are new builds, and 2,283(35%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 89 New Listings — Up from 88 last week!
📝 80 New Contracts –Up from 76 last week.
✅ 64 Sold/Closed Homes — Down from 73 last week.

💵 Market Numbers:

$294,483 Average Sold Price 💰
$299,222 Average List Price ($378,297 Avg. Act. List Price) 🏷️
$176.29 Average Price Per Square Foot 📏
62 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,708 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 4 Bathrooms
📐 3,708 Heated Square Feet
💰 $765,000 Sales Price
🏷️ $765,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 6 Days on Market
📏 $206.31 Price Per Square Foot
📍 Located in 33813 in Sugartree
💵 Buyer used Conventional Financing to purchase the home.
***Listing agent represented both buyer and seller
***Seller credited the buyer $20,000 for a credit

🏡 Smallest Sale for the Week:

🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 1,440 Heated Square Feet
💰 $96,000 Sales Price
🏷️ $119,000 List Price
🔢 81% List-to-Sale Percentage
⏳ 4 Days on Market
📏 $66.67 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33809 in Woods Ranching & Farming 🏘️

🙏 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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