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

🏡 Homes currently for sale in Lakeland:

➡️ 1,103– Last week we had 1,098 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊‍♀️ 148 of those homes have their own private pool, or 13% of active homes for sale.

🔨 116 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. 🌟 211 homes were built in 2020 or newer, which is 19%.

📈 Polk County’s new construction is in high demand!
🏠 1,331 of the 6,582 active homes (20%) are new builds, and 2,355(36%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 102 New Listings — Up from 100 last week!
📝 101 New Contracts — Up from 95 last week.
✅ 86 Sold/Closed Homes — Up from 69 last week.

💵 Market Numbers:

$350,964 Average Sold Price 💰
$358,176 Average List Price ($378,861 Avg. Active List Price) 🏷️
$191.16 Average Price Per Square Foot 📏
70 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,832Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 4 Bedrooms
🛁 3 Bathrooms
📐 3,008 Heated Square Feet
💰 $975,000 Sales Price
🏷️ $982,500 List Price
🔢 99% List-to-Sale Percentage
⏳ 127 Days on Market
📏 $324.14 Price Per Square Foot
📍 Located in 33813 in Eaglebrooke North
💵 Buyer used Conventional Financing to purchase the home.

🏡 Smallest Sale for the Week:

🛏️ 1 Bedrooms
🛁 1 Bathroom
📐 528 Heated Square Feet
💰 $60,000 Sales Price
🏷️ $65,000 List Price
🔢 92% List-to-Sale Percentage
⏳ 20 Days on Market
📏 $113.64 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801, in Lakewood Trailer Estates 🏘️

🙏 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 🏡✨