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

🏡 Homes currently for sale in Lakeland:

➡️ 1,114– Last week we had 1,116 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.

🔨 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. 🌟 225 homes were built in 2020 or newer, which is 20%.

📈 Polk County’s new construction is in high demand!
🏠 1,434 of the 6,670 active homes (21%) are new builds, and 2,417(36%) were built in 2020 or newer.

📋 Weekly Highlights:

📌 86 New Listings — Down from 93 last week!
📝 93 New Contracts — Up from 73 last week.
✅ 69 Sold/Closed Homes — Up from 59 last week.

💵 Market Numbers:

$334,345 Average Sold Price 💰
$346,032 Average List Price ($362,029 Avg. Active List Price) 🏷️
$188.80 Average Price Per Square Foot 📏
64 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥

🏠 Average sized home for the Sold properties:

🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,769 Heated Square Feet

✨ Largest Sale for the Week:

🛏️ 5 Bedrooms
🛁 4.5 Bathrooms
📐 5,659 Heated Square Feet
💰 $1,500,000 Sales Price
🏷️ $1,795,000 List Price
🔢 84% List-to-Sale Percentage
⏳ 11 Days on Market
📏 $265.06 Price Per Square Foot
📍 Located in 33813 off Lake Miriam
💵 Buyer used Conventional to purchase the home.
** The Listing Agent was also the buyers agent

🏡 Smallest Sale for the Week:

🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 865 Heated Square Feet
💰 $115,000 Sales Price
🏷️ $115,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $132.95 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33813, off 540A 🏘️

🙏 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 🏡✨