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Your Lakeland Weekly Market Stats for April 08th to April 14th, 2024

Your Lakeland Weekly Market Stats for April 08th to April 14th, 2024

by | Apr 15, 2024 |

Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
772–Last week we had 775 homes for sale. Inventory is staying pretty stable in that range. We will see if it stays with that trend or if we will get more listings. 131 of those homes have their own private pool or 17% of active homes for sale.
***70 of the 772 Active homes are new construction. That makes up 9% of the inventory. The new home construction in Lakeland is not nearly as high as in the rest of the county. 125 homes were built in 2020 or newer which is 16%. Polk County’s new construction is exploding and 1,263 of the 4,824 active homes(26%) are new builds and 1,861(39%) were built in 2020 are newer.
– 70 New Listings– Down from 101 last week!
– 94 New Contracts– Up from 71 last week!
– 58 Sold/Closed Homes– Up from 52 last week!
– $361,780 Average Sold Price
– $369,480 Average List Price($414,670 Avg. Active List Price)
– $199.53 Average Price Per Square Feet
– 54 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,818 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 4 Bathrooms
– 3,676 Heated Square Feet
– $849,900 Sales Price
– $849,900 List Price
– 100% List to Sale Percentage
– 5 Days on Market
– $231.20 Price Per Square Foot
– Located in 33810 off Rockridge Rd with 3 acres
– Buyer used conventional financing to purchase the home
– The Seller provided a $5,000 credit to the buyer
Smallest sale for the week:
– 3 Bedrooms
– 1 Bathrooms
– 805 Heated Square Feet
– $100,000 Sales Price
– $125,000 List Price
– 80% List to Sale Percentage
– 112 Days on Market
– $124.22 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33815 and is a single family 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!
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