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

🏡 Homes currently for sale in Lakeland:

➡️ 1,147– Last week we had 1,152 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 17% of active homes for sale.

🔨 139 Active homes are new construction 🏗️, making up 12% 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. 🌟 239 homes were built in 2020 or newer, which is 21%.

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

🏠 1,222 of the 6,715 active homes (18%) are new builds, and 2,273(34%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 69 New Listings — Down from 110 last week!
📝 82 New Contracts –Up from 77 last week.
✅ 69 Sold/Closed Homes — Down from 82 last week.

💵 Market Numbers:

$354,218 Average Sold Price 💰
$360,027 Average List Price ($417,676 Avg. Act. List Price) 🏷️
$191.69 Average Price Per Square Foot 📏
65 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,846 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 4 Bathrooms
📐 4,298 Heated Square Feet
💰 $963,500 Sales Price
🏷️ $975,000 List Price
🔢 99% List-to-Sale Percentage
⏳ 8 Days on Market
📏 $224.17 Price Per Square Foot
📍 Located in 33813 in Crescent Woods
💵 Buyer used Cash to purchase the home.
***The listing agent represented the buyer and seller

🏡 Smallest Sale for the Week:

🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 1,088 Heated Square Feet
💰 $95,000 Sales Price
🏷️ $95,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $87.32 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33809 off Rockridge Rd 🏘️

🙏 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!

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