Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,052– Last week we had 1,048 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 151 of those homes have their own private pool, or 14% of active homes for sale.
🔨 149 Active homes are new construction 🏗️, making up 14% 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. 🌟 246 homes were built in 2020 or newer, which is 23%.
📈 Polk County’s new construction is in high demand!
🏠 1,230 of the 6,192 active homes (20%) are new builds, and 2,209(36%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 34 New Listings — Down from 62 last week!
📝 29 New Contracts –Down from 58 last week.
✅ 36 Sold/Closed Homes — Down from 64 last week.
💵 Market Numbers:
$306,849 Average Sold Price 💰
$314,745 Average List Price ($296,662 Avg. Act. List Price) 🏷️
$179.95 Average Price Per Square Foot 📏
75 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,705 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 5 Bedrooms
🛁 3 Bathrooms
📐 3,531 Heated Square Feet
💰 $595,000 Sales Price
🏷️ $614,320 List Price
🔢 97% List-to-Sale Percentage
⏳ 61 Days on Market
📏 $168.51 Price Per Square Foot
📍 Located in 33811 in Hawthrone Ranch
💵 Buyer used Conventional to purchase the home
**Seller credited the buyer $26,573
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 1,344 Heated Square Feet
💰 $85,000 Sales Price
🏷️ $97,500 List Price
🔢 87% List-to-Sale Percentage
⏳ 49 Days on Market
📏 $63.24 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33809 off Creekwood Run 🏘️
🙏 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
