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

🏡 Homes currently for sale in Lakeland:

➡️ 1,094– Last week we had 1,098 homes for sale. Inventory is rising a little 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.

🔨 166 Active homes are new construction 🏗️, making up 15% 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. 🌟 269 homes were built in 2020 or newer, which is 25%.

📈 Polk County’s new construction is in high demand!
🏠 1,125 of the 5,650 active homes (20%) are new builds, and 2,229(39%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 67 New Listings — Down from 79 last week!
📝 77 New Contracts — Down from 90 last week.
✅ 45 Sold/Closed Homes — Down from 90 last week.

💵 Market Numbers:

$332,332 Average Sold Price(Median: $299,900) 💰
$339,926 Average List Price ($354,196 Avg. Act. List Price) 🏷️
$189.05 Average Price Per Square Foot 📏
62 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,727 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 4 Bathrooms
📐 3,867 Heated Square Feet
💰 $907,000 Sales Price
🏷️ $929,000 List Price
🔢 98% List-to-Sale Percentage
⏳ 21 Days on Market
📏 $234.55 Price Per Square Foot
📍 Located in 33813 in Ashton Oaks
💵 Buyer used Conventional Financing to purchase the home

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 1,152 Heated Square Feet
💰 $69,000 Sales Price
🏷️ $75,900 List Price
🔢 91% List-to-Sale Percentage
⏳ 145 Days on Market
📏 $59.90 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801 in Skyview Mobile Homes ESTS 🏘️

🙏 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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