Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,052– Last week we had 1,077 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 159 of those homes have their own private pool, or 15% 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. 🌟 214 homes were built in 2020 or newer, which is 20%.
📈 Polk County’s new construction is in high demand!
🏠 1,256 of the 6,074 active homes (21%) are new builds, and 2,263(37%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 83 New Listings — Up from 71 last week!
📝 74 New Contracts –Down from 75 last week.
✅ 75 Sold/Closed Homes — Up from 64 last week.
💵 Market Numbers:
$333,494 Average Sold Price 💰
$341,995 Average List Price ($370,349 Avg. Act. List Price) 🏷️
$195.36 Average Price Per Square Foot 📏
74 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,703 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3.5 Bathrooms
📐 3,347 Heated Square Feet
💰 $925,000 Sales Price
🏷️ $925,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 41 Days on Market
📏 $276.37 Price Per Square Foot
📍 Located in 33813 in Ashley Subdivision
💵 Buyer used Cash to purchase the home.
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 954 Heated Square Feet
💰 $94,000 Sales Price
🏷️ $94,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $98.53 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815 off Dorthy Street 🏘️
🙏 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!
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