Blog

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

🏡 Homes currently for sale in Lakeland:

➡️ 1,116– Last week we had 1,116 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 151 of those homes have their own private pool, or 14% of active homes for sale.

🔨 120 Active homes are new construction 🏗️, making up 11% 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. 🌟 222 homes were built in 2020 or newer, which is 20%.

📈 Polk County’s new construction is in high demand!
🏠 1,458 of the 6,603 active homes (22%) are new builds, and 2,422(37%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 93 New Listings — Down from 118 last week!
📝 73 New Contracts — Down from 79 last week.
✅ 59 Sold/Closed Homes — Down from 69 last week.

💵 Market Numbers:

$350,803 Average Sold Price 💰
$359,450 Average List Price ($326,107 Avg. Active List Price) 🏷️
$193.31 Average Price Per Square Foot 📏
55 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,896 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 4 Bedrooms
🛁 2.5 Bathrooms
📐 2,857 Heated Square Feet
💰 $725,000 Sales Price
🏷️ $725,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 78 Days on Market
📏 $253.76 Price Per Square Foot
📍 Located in 33813 in Hamilton South
💵 Buyer used Cash to purchase the home.
** Seller credited the buyer $3,000 towards buyers closing costs

🏡 Smallest Sale for the Week:

🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 924 Heated Square Feet
💰 $125,000 Sales Price
🏷️ $130,000 List Price
🔢 96% List-to-Sale Percentage
⏳ 23 Days on Market
📏 $135.28 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801, off Maine 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!

#wearelakeland #lakelandhometownproperties #lakelandrealestate #communitymatters #bettertogether #movetolakeland #movetoflorida #lakelandmarketstats #smallbusinessbigdreams #smallbusinessbigheart #iwanttobeyourrealtor 🏡✨