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Latest News From Lakeland Hometown Properties

Your Lakeland Weekly Market Stats for October 28th to November 03rd, 2024

by Glenn and Tamara | Nov 4, 2024 | Market Stats

Here are your weekly stats for activity in Lakeland!

Homes currently for sale in Lakeland:

1,061–Last week we had 1,045 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 149 of those homes have their own private pool or 14% of active homes for sale.

***79 of the 1,061 Active homes are new construction. That makes up 7% 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. 167 homes were built in 2020 or newer which is 16%. Polk County’s new construction is in high demand and 1,552 of the 6,102 active homes(25%) are new builds and 2,320(38%) were built in 2020 are newer.

– 81 New Listings– Up from 77 last week!

– 54 New Contracts– Down from 66 last week!

– 61 Sold/Closed Homes– Up from 59 last week!

– $335,247 Average Sold Price

– $341,274 Average List Price($383,511 Avg. Active List Price)

– $192.18 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

– 1,727 Heated Square Feet

Largest sale for the week:

– 4 Bedrooms

– 4 Bathrooms

– 3,795 Heated Square Feet

– $989,500 Sales Price

– $1,065,000 List Price

– 93% List to Sale Percentage

– 72 Days on Market

– $260.74 Price Per Square Foot

– Located in 33813 and located in Hallam Preserve

– Buyer used Conventional financing to purchase the home

Smallest sale for the week:

– 1 Bedrooms

– 1 Bathrooms

– 304 Heated Square Feet

– $45,000 Sales Price

– $49,900 List Price

– 93% List to Sale Percentage

– 15 Days on Market

– $148.03 Price Per Square Foot

– Buyer used Cash to purchase the home

– This home is located in 33811 and is an older mobile home

– The listing agent also represented the buyer

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

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...

Your Lakeland Weekly Market Stats for June 24th to June 30th, 2024

by Glenn and Tamara | Jul 1, 2024 | Market Stats

Here are your weekly stats for activity in Lakeland! Homes currently for sale in Lakeland: 872--Last week we had 871 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. 127 of those homes...

Your Lakeland Weekly Market Stats for June 17th to June 23rd, 2024

by Glenn and Tamara | Jun 24, 2024 | Market Stats

Here are your weekly stats for activity in Lakeland! Homes currently for sale in Lakeland: 871--Last week we had 838 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. 137 of those homes...

Your Lakeland Weekly Market Stats for June 10th to June 16th, 2024

by Glenn and Tamara | Jun 17, 2024 | Market Stats

Here are your weekly stats for activity in Lakeland! Homes currently for sale in Lakeland: 838--Last week we had 827 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. 133 of those homes...

May 2024 Monthly Stats for Lakeland, FL

by Glenn and Tamara | Jun 12, 2024 | Market Stats

Here is your Year Over Year(YoY) snapshot for the Lakeland real estate market for May 2024! So YOY for the whole year so far the sales price is UP: $7,712 higher than 2023 and the total number of sales is DOWN: 128 sales. Look and see how different the pricing was for...

Your Lakeland Weekly Market Stats for June 03rd to June 09th, 2024

by Glenn and Tamara | Jun 11, 2024 | Market Stats

Here are your weekly stats for activity in Lakeland! Homes currently for sale in Lakeland: 827--Last week we had 829 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. 119 of those homes...