Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,114– Last week we had 1,130 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 162 of those homes have their own private pool, or 15% of active homes for sale.
🔨 130 Active homes are new construction 🏗️, 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. 🌟 225 homes were built in 2020 or newer, which is 20%.
📈 Polk County’s new construction is in high demand!
🏠 1,273 of the 6,646 active homes (19%) are new builds, and 2,343(35%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 77 New Listings — Down from 87 last week!
📝 76 New Contracts –Up from 74 last week.
✅ 76(was 64 when pulled) Sold/Closed Homes — Up from 68 last week.
💵 Market Numbers:
$355,888 Average Sold Price 💰
$362,745 Average List Price ($381,527 Avg. Act. List Price) 🏷️
$199.93 Average Price Per Square Foot 📏
55 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,776 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 6 Bedrooms
🛁 3.5 Bathrooms
📐 3,512 Heated Square Feet
💰 $1,350,000 Sales Price
🏷️ $1,399,000 List Price
🔢 96% List-to-Sale Percentage
⏳ 38 Days on Market
📏 $384.40 Price Per Square Foot
📍 Located in 33811 off Ewell Rd Area
💵 Buyer used Conventional Financing to purchase the home.
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 728 Heated Square Feet
💰 $55,000 Sales Price
🏷️ $55,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $75.55 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33810 in Quail Trail 🏘️
🙏 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
