Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,077– Last week we had 1,073 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 161 of those homes have their own private pool, or 15% of active homes for sale.
🔨 121 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. 🌟 221 homes were built in 2020 or newer, which is 21%.
📈 Polk County’s new construction is in high demand!
🏠 1,301 of the 6,500 active homes (20%) are new builds, and 2,329(36%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 71 New Listings — Down from 76 last week!
📝 75 New Contracts –Same from 75 last week.
✅ 64 Sold/Closed Homes — Up from 50 last week.
💵 Market Numbers:
$353,817 Average Sold Price 💰
$363,853 Average List Price ($387,022 Avg. Act. List Price) 🏷️
$180.92 Average Price Per Square Foot 📏
80 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,949 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 6 Bedrooms
🛁 5.5 Bathrooms
📐 5,925 Heated Square Feet
💰 $1,110,000 Sales Price
🏷️ $1,119,900 List Price
🔢 99% List-to-Sale Percentage
⏳ 478 Days on Market
📏 $187.34 Price Per Square Foot
📍 Located in 33813 in Ashley Subdivision
💵 Buyer used Conventional Financing to purchase the home.
**Seller gave a buyer credit of $30,000 at closing
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 1,170 Heated Square Feet
💰 $95,000 Sales Price
🏷️ $105,000 List Price
🔢 90% List-to-Sale Percentage
⏳ 19 Days on Market
📏 $81.20 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33809 in Lakeside Hills 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
