Here are your weekly stats for activity in Lakeland! πβ¨
π‘ Homes currently for sale in Lakeland:
β‘οΈ 1,083– Last week we had 1,084 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 156 of those homes have their own private pool, or 14% of active homes for sale.
π¨ 125 Active homes are new construction ποΈ, making up 12% 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. π 221 homes were built in 2020 or newer, which is 20%.
π Polk County’s new construction is in high demand!
π 1,329 of the 6,418 active homes (21%) are new builds, and 2,385(37%) were built in 2020 or newer.
π Weekly Highlights:
π 67 New Listings — Up from 65 last week!
π 75 New Contracts –Up from 69 last week.
β
56 Sold/Closed Homes — Down from 81 last week.
π΅ Market Numbers:
$346,678 Average Sold Price π°
$357,532 Average List Price ($356,393 Avg. Act. List Price) π·οΈ
$175.70 Average Price Per Square Foot π
71 Average Days on Market Before Contract β³
96% List-to-Sales Price π₯
π Average sized home for the Sold properties:
ποΈ 3 Bedrooms
π 2 Bathrooms
π 1,936 Heated Square Feet
β¨ Largest Sale for the Week:
ποΈ 6 Bedrooms
π 5 Bathrooms
π 4,304 Heated Square Feet
π° $970,000 Sales Price
π·οΈ $970,000 List Price
π’ 100% List-to-Sale Percentage
β³ 9 Days on Market
π $225.37 Price Per Square Foot
π Located in 33813 in Ashton Oaks
π΅ Buyer used Conventional Financing to purchase the home.
π‘ Smallest Sale for the Week:
ποΈ 3 Bedrooms
π 2 Bathroom
π 1,352 Heated Square Feet
π° $75,000 Sales Price
π·οΈ $109,000 List Price
π’ 69% List-to-Sale Percentage
β³ 70 Days on Market
π $55.47 Price Per Square Foot
π΅ Buyer used Cash to purchase the home.
π Located in 33815 in Albert Park ποΈ
π Thanks for taking the time to check out these stats!
If youβd like to chat about trends, how the market compares to previous years, or explore how we can help you, letβs connect! π¬
π Reach out today to set up a time to get together! π‘ Real estate is our passion!
#wearelakeland #lakelandhometownproperties #lakelandrealestate #communitymatters #iwanttobeyourrealtor

