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

🏡 Homes currently for sale in Lakeland:

➡️ 1,116– Last week we had 1,093 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 152 of those homes have their own private pool, or 14% of active homes for sale.

🔨 116 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. 🌟 217 homes were built in 2020 or newer, which is 19%.

📈 Polk County’s new construction is in high demand!

🏠 1,463 of the 6,484 active homes (23%) are new builds, and 2,427(37%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 118 New Listings — Up from 94 last week!
📝 79 New Contracts — Down from 91 last week.
✅ 69 Sold/Closed Homes — Up from 47 last week.

💵 Market Numbers:

$346,209 Average Sold Price 💰
$353,087 Average List Price ($378,901 Avg. Active List Price) 🏷️
$185.33 Average Price Per Square Foot 📏
67 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,854 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 4 Bedrooms
🛁 4 Bathrooms
📐 2,971 Heated Square Feet
💰 $1,099,000 Sales Price
🏷️ $1,099,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $369.91 Price Per Square Foot
📍 Located in 33803 in Sanctuary at Grasslands
💵 Buyer used Cash to purchase the home.

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 924 Heated Square Feet
💰 $105,000 Sales Price
🏷️ $110,000 List Price
🔢 95% List-to-Sale Percentage
⏳ 274 Days on Market
📏 $113.64 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33805, in Timbercreek Sub 🏘️

🙏 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 🏡✨