Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,043– Last week we had 1,050 homes for sale. Inventory is staying steady 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 14% 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. 🌟 228 homes were built in 2020 or newer, which is 22%.
📈 Polk County’s new construction is in high demand!
🏠 1,171 of the 6,055 active homes (19%) are new builds, and 2,185(36%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 55 New Listings — Down from 62 last week!
📝 57 New Contracts –Up from 54 last week.
✅ 47 Sold/Closed Homes — Down from 51 last week.
💵 Market Numbers:
$292,090 Average Sold Price 💰
$300,934 Average List Price ($407,093 Avg. Act. List Price) 🏷️
$185.53 Average Price Per Square Foot 📏
49 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,596 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 3 Bedrooms
🛁 3 Bathrooms
📐 3,109 Heated Square Feet
💰 $655,000 Sales Price
🏷️ $675,000 List Price
🔢 97% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $210.68 Price Per Square Foot
📍 Located in 33810 in Hunting Hills
💵 Buyer used Conventional financing to purchase the home
**Listing agents were also buyers agents
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 924 Heated Square Feet
💰 $105,000 Sales Price
🏷️ $110,000 List Price
🔢 95 % List-to-Sale Percentage
⏳ 111 Days on Market
📏 $113.64 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33805 in Timbercreek 🏘️
🙏 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
