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Your Lakeland Weekly Market Stats for September 18th to September 24th, 2023

Your Lakeland Weekly Market Stats for September 18th to September 24th, 2023

by | Sep 26, 2023 |

Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
609–Last week we had 596 homes for sale. Inventory is trending up(We started the month with 567)!
***84 of the 609 Active homes are new construction. That makes up 14% of the inventory. 118 homes were built in 2020 or newer which is 19%.
– 72 New Listings–Down from 82 last week!
– 71 New Contracts– Up from 65 last week!
– 60 Sold/Closed Homes– Down from 67 last week!
– $367,907 Average Sold Price
– $373,195 Average List Price($331,843 Avg. Active List Price)
– $203.98 Average Price Per Square Feet
– 26 Average Days on Market Before Contract
– 99% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,814 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 4 Bathrooms
– 3,214 Heated Square Feet
– $889,500 Sales Price
– $899,000 List Price
– 99% List to Sale Percentage
– 0 Days on Market
– $307.94 Price Per Square Foot
– Located in Bridgefield Subdivision in 33803
– Buyer used Cash for the purchase
Smallest sale for the week:
– 2 Bedrooms
– 2 Bathrooms
– 672 Heated Square Feet
– $63,000 Sales Price
– $79,900 List Price
– 79% List to Sale Percentage
– 7 Days on Market
– $93.75 Price Per Square Foot
– Buyer Used Cash for Purchase
– This home is located in 33810 and was an older mobile home on 2 lots
Fun Fact: Both the highest and lowest listings were purchased using cash and the listing agent was also the selling agent on both.
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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