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

🏡 Homes currently for sale in Lakeland:

➡️ 1,104– Last week we had 1,108 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 147 of those homes have their own private pool, or 13% of active homes for sale.

🔨 112 Active homes are new construction 🏗️, making up 10% 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. 🌟 214 homes were built in 2020 or newer, which is 19%.

📈 Polk County’s new construction is in high demand!
🏠 1,327 of the 6,756 active homes (20%) are new builds, and 2,311(34%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 98 New Listings — Up from 89 last week!
📝 92 New Contracts — Up from 85 last week.
✅ 93 Sold/Closed Homes — Up from 61 last week.

💵 Market Numbers:

$324,425 Average Sold Price 💰
$333,524 Average List Price ($354,235 Avg. Active List Price) 🏷️
$188.06 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
📐 1,729 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 4 Bedrooms
🛁 3 Bathrooms
📐 3,003 Heated Square Feet
💰 $727,900 Sales Price
🏷️ $739,900 List Price
🔢 98% List-to-Sale Percentage
⏳ 17 Days on Market
📏 $242.39 Price Per Square Foot
📍 Located in 33813 in Hallam Preserve West
💵 Buyer used Conventional to purchase the home.

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 1,110 Heated Square Feet
💰 $60,000 Sales Price
🏷️ $89,000 List Price
🔢 67% List-to-Sale Percentage
⏳ 1 Days on Market
📏 $54.05 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815, in Edgewood Park 🏘️

🙏 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 🏡✨