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

🏡 Homes currently for sale in Lakeland:

➡️ 1,122– Last week we had 1,125 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 143 of those homes have their own private pool, or 13% of active homes for sale.

🔨 175 Active homes are new construction 🏗️, making up 16% 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. 🌟 283 homes were built in 2020 or newer, which is 25%.

📈 Polk County’s new construction is in high demand!
🏠 1,108 of the 5,692 active homes (19%) are new builds, and 2,234(39%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 81 New Listings — Up from 80 last week!
📝 66 New Contracts — Up from 64 last week.
✅ 83 Sold/Closed Homes — Up from 63 last week.

💵 Market Numbers:

$338,394 Average Sold Price(Median: $312,500) 💰
$345,862 Average List Price ($364,439 Avg. Act. List Price) 🏷️
$187.55 Average Price Per Square Foot 📏
49 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,780 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 4 Bedrooms
🛁 3 Bathrooms
📐 3,432 Heated Square Feet
💰 $1,100,000 Sales Price
🏷️ $1,190,000 List Price
🔢 92% List-to-Sale Percentage
⏳ 192 Days on Market
📏 $320.51 Price Per Square Foot
📍 Located in 33803 in Sanctuary at Grasslands
💵 Buyer used Cash to purchase the home
**Seller credited buyer $10k at closing

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 608 Heated Square Feet
💰 $42,500 Sales Price
🏷️ $89,900 List Price
🔢 47% List-to-Sale Percentage
⏳ 80 Days on Market
📏 $69.90 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801 in Country Club Estates 🏘️

🙏 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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