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

🏡 Homes currently for sale in Lakeland:

➡️ 1,108– Last week we had 1,114 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 147 of those homes have their own private pool, or 13% of active homes for sale.

🔨 119 Active homes are new construction 🏗️, making up 11% 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. 🌟 219 homes were built in 2020 or newer, which is 20%.
📈 Polk County’s new construction is in high demand!
🏠 1,391 of the 6,713 active homes (21%) are new builds, and 2,382(35%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 89 New Listings — Up from 86 last week!
📝 85 New Contracts — Down from 93 last week.
✅ 61 Sold/Closed Homes — Down from 69 last week.

💵 Market Numbers:

$305,656 Average Sold Price 💰
$313,350 Average List Price ($353,747 Avg. Active List Price) 🏷️
$182.45 Average Price Per Square Foot 📏
59 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,670 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 3 Bathrooms
📐 3,204 Heated Square Feet
💰 $589,000 Sales Price
🏷️ $569,000 List Price
🔢 104% List-to-Sale Percentage
⏳ 3 Days on Market
📏 $183.83 Price Per Square Foot
📍 Located in 33813 in Christina Woods
💵 Buyer used VA to purchase the home.
** The Seller Credited the buyer $19,498 for closing

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 672 Heated Square Feet
💰 $50,000 Sales Price
🏷️ $60,000 List Price
🔢 83% List-to-Sale Percentage
⏳ 32 Days on Market
📏 $74.40 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815, off Swindell Ave 🏘️

🙏 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!

#wearelakeland #lakelandhometownproperties #lakelandrealestate #communitymatters #bettertogether #movetolakeland #movetoflorida #lakelandmarketstats #smallbusinessbigdreams #smallbusinessbigheart #iwanttobeyourrealtor 🏡✨