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Your Lakeland Weekly Market Stats for July 15th to July 21st, 2024

Your Lakeland Weekly Market Stats for July 15th to July 21st, 2024

by | Jul 22, 2024 |

Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
921–Last week we had 895 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. 136 of those homes have their own private pool or 15% of active homes for sale.
***67 of the 921 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. 141 homes were built in 2020 or newer which is 15%. Polk County’s new construction is in high demand and 1,429 of the 5,690 active homes(25%) are new builds and 2,130(37%) were built in 2020 are newer.
– 96 New Listings– Up from 79 last week!
– 81 New Contracts– Down from 91 last week!
– 62 Sold/Closed Homes– Down from 68 last week!
– $370,688 Average Sold Price
– $376,749 Average List Price($339,661 Avg. Active List Price)
– $201.76 Average Price Per Square Feet
– 55 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,798 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 4.5 Bathrooms
– 3,674 Heated Square Feet
– $1,699,900 Sales Price
– $1,699,000 List Price
– 100% List to Sale Percentage
– 2 Days on Market
– $462.68 Price Per Square Foot
– Located in 33812 and located on 2.55 acres
– Buyer used Cash to purchase the home
Smallest sale for the week:
– 1 Bedrooms
– 1 Bathrooms
– 480 Heated Square Feet
– $45,000 Sales Price
– $65,000 List Price
– 69% List to Sale Percentage
– 7 Days on Market
– $93.75 Price Per Square Foot
– Buyer used Cash to purchase the home
– This home is located in 33815 and is a fixer upper
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!
May be a graphic of ‎text that says '‎Lakeland Housing 2024 Update JULY 15TH TO JULY 21ST, " ר $ 96 SOLD TOTAL PROPERTIES LISTED AVERAGE SALE SALEPRICE PRICE $370,688 55 62 AVG. DAYS ON MKT AVERAGE SALE PRICE YTD HOMES UNDER CONTRACT 2023 $336,615 615 2024 341,919 Prior Week 91 This Week 81 Tamara Roberts & Glenn Offutt REALTOR@/Owners/Broker Owners REALTOR®/ Lakeland Hometown Properties 863.456.1374 www.WeArelakeland.com LAKELAND اه HOMETOWN PROPERTES T.D01E‎'‎
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