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Here are your weekly stats for activity in Lakeland!

Homes currently for sale in Lakeland:

1,078–Last week we had 1,075 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 156 of those homes have their own private pool or 14% of active homes for sale.

***89 of the 1,078 Active homes are new construction. That makes up 8% 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. 180 homes were built in 2020 or newer which is 17%. Polk County’s new construction is in high demand and 1,569 of the 6,157 active homes(25%) are new builds and 2,391(39%) were built in 2020 are newer.

– 63 New Listings– Up from 58 last week!
– 50 New Contracts– Up from 48 last week!
– 56 Sold/Closed Homes– Up from 45 last week!
– $309,409 Average Sold Price
– $318,768 Average List Price($419,859 Avg. Active List Price)
– $188.47 Average Price Per Square Feet
– 47 Average Days on Market Before Contract
– 97% is List to Sales Price

Average sized home for the Solds are:

– 3 Bedroom
– 2 Bathrooms
– 1,647 Heated Square Feet

Largest sale for the week:

– 4 Bedrooms
– 3 Bathrooms
– 4,006 Heated Square Feet
– $835,000 Sales Price
– $879,900 List Price
– 95% List to Sale Percentage
– 84 Days on Market
– $208.44 Price Per Square Foot
– Located in 33813 and located in Ashton Oaks Cir
– Buyer used Cash to purchase the home

Smallest sale for the week:

– 3 Bedrooms
– 1 Bathrooms
– 836 Heated Square Feet
– $53,500 Sales Price
– $58,500 List Price
– 91% List to Sale Percentage
– 115 Days on Market
– $64 Price Per Square Foot
– Buyer used cash to purchase the home
– This home is located in 33805 and is a single family home

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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