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Your Lakeland Weekly Market Stats for July 29th to August 04th, 2024

Your Lakeland Weekly Market Stats for July 29th to August 04th, 2024

by | Aug 5, 2024 |

Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
926–Last week we had 926 homes for sale. Inventory has RISEN a little bit lately. We will see if it stays with that trend or if demand will bring that down. 143 of those homes have their own private pool or 15% of active homes for sale.
***65 of the 926 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. 136 homes were built in 2020 or newer which is 15%. Polk County’s new construction is in high demand and 1,476 of the 5,623 active homes(26%) are new builds and 2,164(38%) were built in 2020 are newer.
– 93 New Listings– Up from 85 last week!
– 68 New Contracts– Down from 80 last week!
– 79 Sold/Closed Homes– Up from 69 last week!
– $342,868 Average Sold Price
– $353,107 Average List Price($373,514 Avg. Active List Price)
– $193.62 Average Price Per Square Feet
– 40 Average Days on Market Before Contract
– 97% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,775 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 4.5 Bathrooms
– 5,046 Heated Square Feet
– $1,100,000 Sales Price
– $1,100,000 List Price
– 100% List to Sale Percentage
– 116 Days on Market
– $217.99 Price Per Square Foot
– Located in 33813 and located in Eaglebrooke Subdivision
– Buyer used Cash to purchase the home
Smallest sale for the week:
– 2 Bedrooms
– 1 Bathrooms
– 660 Heated Square Feet
– $70,000 Sales Price
– $75,000 List Price
– 93% List to Sale Percentage
– 18 Days on Market
– $106.06 Price Per Square Foot
– Buyer used Cash to purchase the home
– This home is located in 33811 and is an older manufactured home
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!
Another 5 Star Review!!

Another 5 Star Review!!

by | Aug 24, 2023 |

We love helping our buyers and sellers through the process! We always appreciate the opportunity to put our skills to the test and it pays off big. If you are looking for strong negotiation skills, continuous communication from day 1 to closing and after, the best...

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