Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,099– Last week we had 1,110 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 164 of those homes have their own private pool, or 15% of active homes for sale.
🔨 129 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. 🌟 231 homes were built in 2020 or newer, which is 21%.
📈 Polk County’s new construction is in high demand!
🏠 1,215 of the 6,333 active homes (19%) are new builds, and 2,229(35%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 63 New Listings — Down from 80 last week!
📝 68 New Contracts –Up from 62 last week.
✅ 61 Sold/Closed Homes — Down from 69 last week.
💵 Market Numbers:
$328,415 Average Sold Price 💰
$334,514 Average List Price ($402,872 Avg. Act. List Price) 🏷️
$184.35 Average Price Per Square Foot 📏
67 Average Days on Market Before Contract ⏳
98% 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:
🛏️ 4 Bedrooms
🛁 4 Bathrooms
📐 3,858 Heated Square Feet
💰 $820,000 Sales Price
🏷️ $875,000 List Price
🔢 94% List-to-Sale Percentage
⏳ 88 Days on Market
📏 $212.55 Price Per Square Foot
📍 Located in 33813 in Ashley
💵 Buyer used Conventional financing to purchase the home.
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 936 Heated Square Feet
💰 $91,000 Sales Price
🏷️ $99,000 List Price
🔢 92% List-to-Sale Percentage
⏳ 73 Days on Market
📏 $97.22 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33809 in Martin Estates 🏘️
**The listing agent also represented the buyer in the purchase
🙏 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
