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

🏡 Homes currently for sale in Lakeland:

➡️ 1,096– Last week we had 1,068 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.

🔨 101 Active homes are new construction 🏗️, making up 9% 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. 🌟 199 homes were built in 2020 or newer, which is 18%.

📈 Polk County’s new construction is in high demand!
🏠 1,545 of the 6,537 active homes (24%) are new builds, and 2,453(38%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 94 New Listings — Down from 95 last week!
📝 95 New Contracts — Up from 73 last week.
✅ 44 Sold/Closed Homes — Down from 49 last week.

💵 Market Numbers:

$353,850 Average Sold Price 💰
$357,885 Average List Price ($410,934 Avg. Active List Price) 🏷️
$188.45 Average Price Per Square Foot 📏
64 Average Days on Market Before Contract ⏳
99% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,851 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 5.5 Bathrooms
📐 4,009 Heated Square Feet
💰 $1,100,000 Sales Price
🏷️ $1,090,000 List Price
🔢 101% List-to-Sale Percentage
⏳ 11 Days on Market
📏 $274.38 Price Per Square Foot
📍 Located in 33813, and almost on 1 Acre lot
💵 Buyer used Cash to purchase the home.

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 672 Heated Square Feet
💰 $70,000 Sales Price
🏷️ $79,900 List Price
🔢 88% List-to-Sale Percentage
⏳ 30 Days on Market
📏 $104.17 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 🏡✨