Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,042– Last week we had 1,086 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 146 of those homes have their own private pool, or 14% of active homes for sale.
🔨 171 Active homes are new construction 🏗️, 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. 🌟 269 homes were built in 2020 or newer, which is 26%.
📈 Polk County’s new construction is in high demand!
🏠 1,118 of the 5,728 active homes (20%) are new builds, and 2,151(38%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 52 New Listings — Down from 76 last week!
📝 76 New Contracts — Down from 83 last week.
✅ 87 Sold/Closed Homes — Up from 54 last week.
💵 Market Numbers:
$382,439 Average Sold Price(Median: $332,000) 💰
$390,814 Average List Price ($386,899 Avg. Act. List Price) 🏷️
$197.07 Average Price Per Square Foot 📏
58 Average Days on Market Before Contract ⏳
99% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,892 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3 Bathrooms
📐 2,901 Heated Square Feet
💰 $1,300,000 Sales Price
🏷️ $1,399,000 List Price
🔢 93% List-to-Sale Percentage
⏳ 106 Days on Market
📏 $448.12 Price Per Square Foot
📍 Located in 33810 off Drew St
💵 Buyer used FHA Financing to purchase the home
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 1,216 Heated Square Feet
💰 $135,000 Sales Price
🏷️ $150,000 List Price
🔢 90% List-to-Sale Percentage
⏳ 19 Days on Market
📏 $111.02 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801 in Leisure Lakes 🏘️
🙏 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
