Here are your weekly stats for activity in Lakeland! πŸ“Šβœ¨

🏑 Homes currently for sale in Lakeland:

➑️ 1,086– Last week we had 1,085 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πŸŠβ€β™€οΈ 147 of those homes have their own private pool, or 14% of active homes for sale.

πŸ”¨ 174 Active homes are new construction πŸ—οΈ, making up 16% 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. 🌟 279 homes were built in 2020 or newer, which is 26%.

πŸ“ˆ Polk County’s new construction is in high demand!
🏠 1,191 of the 5,822 active homes (20%) are new builds, and 2,178(37%) were built in 2020 or newer.

πŸ“‹ Weekly Highlights:

πŸ“Œ 84 New Listings — Down from 91 last week!
πŸ“ 76 New Contracts — Up from 69 last week.
βœ… 34 Sold/Closed Homes — Down from 46 last week.

πŸ’΅ Market Numbers:

$293,303 Average Sold Price(Median: $307,500) πŸ’°
$304,329 Average List Price ($386,270 Avg. Act. List Price) 🏷️
$182.01 Average Price Per Square Foot πŸ“
77 Average Days on Market Before Contract ⏳
96% List-to-Sales Price πŸ”₯

🏠 Average sized home for the Sold properties:

πŸ›οΈ 3 Bedrooms
πŸ› 2 Bathrooms
πŸ“ 1,570 Heated Square Feet

✨ Largest Sale for the Week:

πŸ›οΈ 3 Bedrooms
πŸ› 2.5 Bathrooms
πŸ“ 3,077 Heated Square Feet
πŸ’° $602,500 Sales Price
🏷️ $639,900 List Price
πŸ”’ 94% List-to-Sale Percentage
⏳ 152 Days on Market
πŸ“ $195.81 Price Per Square Foot
πŸ“ Located in 33803 off Cleveland Heights
πŸ’΅ Buyer used Cash to purchase the home

🏑 Smallest Sale for the Week:

πŸ›οΈ 2 Bedrooms
πŸ› 2 Bathroom
πŸ“ 865 Heated Square Feet
πŸ’° $65,000 Sales Price
🏷️ $69,922 List Price
πŸ”’ 93% List-to-Sale Percentage
⏳ 235 Days on Market
πŸ“ $75.14 Price Per Square Foot
πŸ’΅ Buyer used Conventional Financing to purchase the home.
πŸ“ Located in 33801 in Skyview Estates 🏘️

πŸ™ 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! πŸ’¬

πŸ“ž Reach out today to set up a time to get together! 🏑 Real estate is our passion!

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