Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,134– Last week we had 1,142 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 166 of those homes have their own private pool, or 15% of active homes for sale.
🔨 128 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. 🌟 223 homes were built in 2020 or newer, which is 20%.
📈 Polk County’s new construction is in high demand!
🏠 1,277 of the 6,554 active homes (19%) are new builds, and 2,317(35%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 77 New Listings — Up from 58 last week!
📝 75 New Contracts –Up from 67 last week.
✅ 60 Sold/Closed Homes — Up from 58 last week.
💵 Market Numbers:
$321,266 Average Sold Price 💰
$326,210 Average List Price ($368,302 Avg. Act. List Price) 🏷️
$192.27 Average Price Per Square Foot 📏
54 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,662 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3 Bathrooms
📐 2,645 Heated Square Feet
💰 $639,500 Sales Price
🏷️ $639,500 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $241.78 Price Per Square Foot
📍 Located in 33813 off Luce Rd
💵 Buyer used VA Financing to purchase the home.
** Seller credited the buyer $9,000 towards closing costs
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 1.5 Bathroom
📐 720 Heated Square Feet
💰 $50,000 Sales Price
🏷️ $70,000 List Price
🔢 71% List-to-Sale Percentage
⏳ 91 Days on Market
📏 $69.44 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815 in Friendship Village 🏘️
🙏 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 #communitymatters #iwanttobeyourrealtor
