fbpx

Blog

Latest News From Lakeland Hometown Properties
Your Lakeland Weekly Market Stats for October 28th to November 03rd, 2024

Your Lakeland Weekly Market Stats for October 28th to November 03rd, 2024

by | Nov 4, 2024 |

Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
1,061–Last week we had 1,045 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 149 of those homes have their own private pool or 14% of active homes for sale.
***79 of the 1,061 Active homes are new construction. That makes up 7% 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. 167 homes were built in 2020 or newer which is 16%. Polk County’s new construction is in high demand and 1,552 of the 6,102 active homes(25%) are new builds and 2,320(38%) were built in 2020 are newer.
– 81 New Listings– Up from 77 last week!
– 54 New Contracts– Down from 66 last week!
– 61 Sold/Closed Homes– Up from 59 last week!
– $335,247 Average Sold Price
– $341,274 Average List Price($383,511 Avg. Active List Price)
– $192.18 Average Price Per Square Feet
– 54 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,727 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 4 Bathrooms
– 3,795 Heated Square Feet
– $989,500 Sales Price
– $1,065,000 List Price
– 93% List to Sale Percentage
– 72 Days on Market
– $260.74 Price Per Square Foot
– Located in 33813 and located in Hallam Preserve
– Buyer used Conventional financing to purchase the home
Smallest sale for the week:
– 1 Bedrooms
– 1 Bathrooms
– 304 Heated Square Feet
– $45,000 Sales Price
– $49,900 List Price
– 93% List to Sale Percentage
– 15 Days on Market
– $148.03 Price Per Square Foot
– Buyer used Cash to purchase the home
– This home is located in 33811 and is an older mobile home
– The listing agent also represented the buyer
Thanks for taking the time to check out these stats. If you would like to speak to us about these, how they are trending this year compared to other years or want to speak about how we can help you, we would love to connect! Reach out today and lets set up a time to get together! Real estate is our passion!
lakeland-hometown-properties-logo-home | We Are Lakeland | Lakeland Hometown Properties | Homebound Project | Lakeland Florida | A Town Where Vision & Dreams Become Reality

We Are Lakeland

863-456-1374 team@wearelakeland.com

Buy a Home
Sell Your Home
Listings

We Are Lakeland

863-456-1374 | team@wearelakeland.com

About the Project
Get Involved

Copyright © 2025 Lakeland Hometown Properties. All rights reserved.

Privacy Policy | Terms & Conditions | SparkMySite | Login