Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,040– Last week we had 1,043 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 147 of those homes have their own private pool, or 14% of active homes for sale.
🔨 132 Active homes are new construction 🏗️, making up 13% 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. 🌟 233 homes were built in 2020 or newer, which is 22%.
📈 Polk County’s new construction is in high demand!
🏠 1,172 of the 6,105 active homes (19%) are new builds, and 2,178(36%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 69 New Listings — Up from 55 last week!
📝 62 New Contracts –Up from 57 last week.
✅ 55 Sold/Closed Homes — Up from 47 last week.
💵 Market Numbers:
$326,352 Average Sold Price 💰
$331,688 Average List Price ($338,268 Avg. Act. List Price) 🏷️
$180.17 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
📐 1,796 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3 Bathrooms
📐 3,304 Heated Square Feet
💰 $895,000 Sales Price
🏷️ $899,999 List Price
🔢 99% List-to-Sale Percentage
⏳ 38 Days on Market
📏 $270.88 Price Per Square Foot
📍 Located in 33809 in Estates at Cypress Trace
💵 Buyer used Conventional financing to purchase the home
**Seller gave the buyer a $400 credit
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 1,657 Heated Square Feet
💰 $100,000 Sales Price
🏷️ $100,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $60.35 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33810 in Highland Fairways 🏘️
🙏 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
