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

🏡 Homes currently for sale in Lakeland:

➡️ 1,086– Last week we had 1,082 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 154 of those homes have their own private pool, or 14% of active homes for sale.

🔨 177 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. 🌟 278 homes were built in 2020 or newer, which is 26%.

📈 Polk County’s new construction is in high demand!
🏠 1,155 of the 5,820 active homes (20%) are new builds, and 2,184(38%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 76 New Listings — Up from 73 last week!
📝 83 New Contracts — Up from 78 last week.
✅ 54 Sold/Closed Homes — Up from 42 last week.

💵 Market Numbers:

$332,129 Average Sold Price(Median: $308,965) 💰
$338,637 Average List Price ($402,745 Avg. Act. List Price) 🏷️
$175.79 Average Price Per Square Foot 📏
69 Average Days on Market Before Contract ⏳
99% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,855 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 3 Bedrooms
🛁 3.5 Bathrooms
📐 4,278 Heated Square Feet
💰 $1,300,000 Sales Price
🏷️ $1,400,000 List Price
🔢 93% List-to-Sale Percentage
⏳ 10 Days on Market
📏 $303.88 Price Per Square Foot
📍 Located in 33810 in Saddle Ridge
💵 Buyer used Cash to purchase the home

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 1,032 Heated Square Feet
💰 $89,900 Sales Price
🏷️ $89,900 List Price
🔢 100% List-to-Sale Percentage
⏳ 8 Days on Market
📏 $87.11 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33811 in Magnolia Trails 🏘️

🙏 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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