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Latest News From Lakeland Hometown Properties

Your Lakeland Weekly Market Stats for July 01st to July 07th, 2024

by Glenn and Tamara | Jul 8, 2024 | Market Stats

Here are your weekly stats for activity in Lakeland!

Homes currently for sale in Lakeland:

901–Last week we had 872 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.

***78 of the 901 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 and is stable in that range. 147 homes were built in 2020 or newer which is 16%. Polk County’s new construction is in high demand and 1,436 of the 5,567 active homes(26%) are new builds and 2,127(38%) were built in 2020 are newer.

***Inventory in Polk County is as high as it has been over the past 10 years. July of 2014 there were 4,293 homes for sale versus July 2024 of 5,567. That is a 1,274 higher difference.

– 84 New Listings– Down from 87 last week!

– 60 New Contracts– Down from 88 last week!

– 47 Sold/Closed Homes– Down from 86 last week!

– $327,115 Average Sold Price

– $332,416 Average List Price($379,591 Avg. Active List Price)

– $190.88 Average Price Per Square Feet

– 43 Average Days on Market Before Contract

– 98% is List to Sales Price

Average sized home for the Solds are:

– 3 Bedroom

– 2 Bathrooms

– 1,738 Heated Square Feet

Largest sale for the week:

– 5 Bedrooms

– 3 Bathrooms

– 3,084 Heated Square Feet

– $750,000 Sales Price

– $760,000 List Price

– 99% List to Sale Percentage

– 3 Days on Market

– $243.19 Price Per Square Foot

– Located in 33813 and located in Eaglebrooke

– Buyer used Conventional financing to purchase the home

Smallest sale for the week:

– 2 Bedrooms

– 2 Bathrooms

– 840 Heated Square Feet

– $149,900 Sales Price

– $149,900 List Price

– 100% List to Sale Percentage

– 4 Days on Market

– $178.45 Price Per Square Foot

– Buyer used FHA loan to purchase the home

– Buyer received a $5,000 credit in seller credit

– This home is located in 33801 and is a manufactured 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!

#wearelakeland #lakelandhometownproperties #lakelandrealestate #communitymatters #bettertogether #movetolakeland #movetoflorida #lakelandmarketstats #smallbusinessbigdreams #smallbusinessbigheart

Weekly Real Estate Stats for 02/27 to 03/05/23

by Glenn and Tamara | Mar 6, 2023 | Lakeland Hometown Properties

Here are your weekly stats for activity in Lakeland! Homes currently for sale in Lakeland: 535(Last week we had 570 homes for sale. This number keeps dropping week over week so inventory is getting tighter) - 57 New Listings--Up. Down from 67 last week! - 109 New...

Lakeland Weekly Update for 02/20 to 02/26/2023

by Glenn and Tamara | Feb 27, 2023 | Lakeland Hometown Properties

Here are your weekly stats for activity in Lakeland! Homes currently for sale in Lakeland: 570(this number keeps dropping week over week so inventory is getting tighter) - 67 New Listings--Up. Down from 76 last week! - 110 New Contracts-- Up from 84 last week!...

Community Matters!

by Glenn and Tamara | Feb 20, 2023 | Lakeland Hometown Properties

In the year 2023, we wanted to set an intentional focus on community and the greatness of what that entails. It's no secret that we love Lakeland and the surrounding areas. There are so many reasons for this LOVE to be there. Having been surrounded by community in...

Lakeland Weekly Update for 02/13 to 02/19/2023

by Glenn and Tamara | Feb 20, 2023 | Lakeland Hometown Properties

Here is your weekly stats for activity in Lakeland! Homes currently for sale in Lakeland: 598 - 76 New Listings--Up from 64 last week! - 84 New Contracts-- Down from 85 last week! - 58 Sold/Closed Homes--Up from 55 last week! - $322,108 Average Sold Price - $329,626...

Lakeland Weekly Market Update- Feb. 06 to Feb. 12

by Glenn and Tamara | Feb 17, 2023 | Lakeland Hometown Properties

Here is your weekly stats for activity in Lakeland! - 64 New Listings--Down from 89 last week! - 85 New Contracts-- Down from 90 last week! - 55 Sold/Closed Homes--Down from 62 last week! - $341,491 Average Sold Price - $345,447 Average List Price($327,308 Avg. Active...