Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,073– Last week we had 1,083 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 155 of those homes have their own private pool, or 14% 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. 🌟 213 homes were built in 2020 or newer, which is 20%.
📈 Polk County’s new construction is in high demand!
🏠 1,291 of the 6,461 active homes (20%) are new builds, and 2,341(36%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 76 New Listings — Up from 67 last week!
📝 75 New Contracts –Same from 75 last week.
✅ 50 Sold/Closed Homes — Down from 56 last week.
💵 Market Numbers:
$362,419 Average Sold Price 💰
$371,270 Average List Price ($356,393 Avg. Act. List Price) 🏷️
$191.14 Average Price Per Square Foot 📏
67 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,913 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 4.5 Bathrooms
📐 4,100 Heated Square Feet
💰 $750,000 Sales Price
🏷️ $775,000 List Price
🔢 97% List-to-Sale Percentage
⏳ 56 Days on Market
📏 $182.93 Price Per Square Foot
📍 Located in 33803 in Margrove
💵 Buyer used VA Financing to purchase the home.
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 1,232 Heated Square Feet
💰 $155,000 Sales Price
🏷️ $175,000 List Price
🔢 89% List-to-Sale Percentage
⏳ 260 Days on Market
📏 $125.81 Price Per Square Foot
💵 Buyer used VA Financing to purchase the home.
📍 Located in 33810 in Foxwood Lake 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 #iwanttobeyourrealtor
