Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,052– Last week we had 1,070 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 157 of those homes have their own private pool, or 15% of active homes for sale.
🔨 175 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. 🌟 286 homes were built in 2020 or newer, which is 27%.
📈 Polk County’s new construction is in high demand!
🏠 1,023 of the 5,647 active homes (18%) are new builds, and 2,096(37%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 77 New Listings — Down from 81 last week!
📝 83 New Contracts — Up from 64 last week.
✅ 80 Sold/Closed Homes — Up from 65 last week.
💵 Market Numbers:
$314,322 Average Sold Price(Median: $300,000) 💰
$320,280 Average List Price ($415,698 Avg. Act. List Price) 🏷️
$186.84 Average Price Per Square Foot 📏
63 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,670Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 5 Bedrooms
🛁 3 Bathrooms
📐 3,275 Heated Square Feet
💰 $1,239,000 Sales Price
🏷️ $1,239,900 List Price
🔢 100% List-to-Sale Percentage
⏳ 338 Days on Market
📏 $378.60 Price Per Square Foot
📍 Located in 33812 in Cliffside Woods
💵 Buyer used Conventional Financing to purchase the home
**Seller credited the buyer $20k at closing
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 1 Bathroom
📐 700 Heated Square Feet
💰 $25,000 Sales Price
🏷️ $25,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 60 Days on Market
📏 $35.71 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33815 in Meadowbrook MH Park 🏘️
**Seller Credited the buyer $1,495 at closing
🙏 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
