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

🏡 Homes currently for sale in Lakeland:

➡️ 1,058– Last week we had 1,040 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 142 of those homes have their own private pool, or 13% of active homes for sale.

🔨 159 Active homes are new construction 🏗️, making up 15% 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. 🌟 252 homes were built in 2020 or newer, which is 24%.

📈 Polk County’s new construction is in high demand!
🏠 1,197 of the 5,940 active homes (20%) are new builds, and 2,140(36%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 80 New Listings — Up from 45 last week!
📝 63 New Contracts –Up from 31 last week.
✅ 42 Sold/Closed Homes — Down from 72 last week.

💵 Market Numbers:

$367,703 Average Sold Price(Median: $320,000) 💰
$376,634 Average List Price ($339,103 Avg. Act. List Price) 🏷️
$205.87 Average Price Per Square Foot 📏
76 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,771 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 3 Bedrooms
🛁 2.5 Bathrooms
📐 2,679 Heated Square Feet
💰 $935,000 Sales Price
🏷️ $995,000 List Price
🔢 94% List-to-Sale Percentage
⏳ 131 Days on Market
📏 $349.01 Price Per Square Foot
📍 Located in 33803 in Bellerive
💵 Buyer used Cash to purchase the home
**The listing agent also represented the buyers

🏡 Smallest Sale for the Week:

🛏️ 1 Bedrooms
🛁 1 Bathroom
📐 669 Heated Square Feet
💰 $125,000 Sales Price
🏷️ $129,000 List Price
🔢 97% List-to-Sale Percentage
⏳ 17 Days on Market
📏 $186.85 Price Per Square Foot
💵 Buyer used Conventional to purchase the home.
📍 Located in 33803 off E. Edgewood Dr 🏘️
**The Seller credited the buyer $500 at closing

🙏 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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