Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,155– Last week we had 1,169 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 148 of those homes have their own private pool, or 13% of active homes for sale.
🔨 197 Active homes are new construction 🏗️, making up 17% 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. 🌟 295 homes were built in 2020 or newer, which is 26%.
📈 Polk County’s new construction is in high demand!
🏠 1,089 of the 5,869 active homes (17%) are new builds, and 2,239(38%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 71 New Listings — Up from 67 last week!
📝 77 New Contracts — Up from 57 last week.
✅ 52 Sold/Closed Homes — Down from 67 last week.
💵 Market Numbers:
$346,870 Average Sold Price(Median: $326,000) 💰
$357,994 Average List Price ($384,440 Avg. Act. List Price) 🏷️
$187.58 Average Price Per Square Foot 📏
52 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,790 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 5 Bedrooms
🛁 4 Bathrooms
📐 4,011 Heated Square Feet
💰 $1,300,000 Sales Price
🏷️ $1,329,000 List Price
🔢 98% List-to-Sale Percentage
⏳ 172 Days on Market
📏 $324.11 Price Per Square Foot
📍 Located in 33809 in Lake Gibson Shores
💵 Buyer used Conventional Financing to purchase the home
**Seller credited the buyer $39,000 at closing
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 960 Heated Square Feet
💰 $75,000 Sales Price
🏷️ $79,000 List Price
🔢 95% List-to-Sale Percentage
⏳ 3 Days on Market
📏 $78.13 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801 in Skyview 🏘️
**Listing agent also helped the buyer
🙏 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
