Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,110– Last week we had 1,096 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 163 of those homes have their own private pool, or 15% of active homes for sale.
🔨 127 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. 🌟 224 homes were built in 2020 or newer, which is 20%.
📈 Polk County’s new construction is in high demand!
🏠 1,220 of the 6,287 active homes (19%) are new builds, and 2,242(36%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 80 New Listings — Down from 81 last week!
📝 62 New Contracts –Down from 64 last week.
✅ 69 Sold/Closed Homes — Up from 47 last week.
💵 Market Numbers:
$330,526 Average Sold Price 💰
$335,937 Average List Price ($350,268 Avg. Act. List Price) 🏷️
$190.87 Average Price Per Square Foot 📏
69 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,724 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3.5 Bathrooms
📐 3,431 Heated Square Feet
💰 $1,390,000 Sales Price
🏷️ $1,390,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $405.13 Price Per Square Foot
📍 Located in 33812 off Cliffside Dr
💵 Buyer used Conventional financing to purchase the home.
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 1 Bathroom
📐 775 Heated Square Feet
💰 $98,500 Sales Price
🏷️ $105,900 List Price
🔢 93% List-to-Sale Percentage
⏳ 11 Days on Market
📏 $127.10 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815 in Idlewild Sub 🏘️
🙏 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
