Here are your weekly stats for activity in Lakeland! πβ¨
π‘ Homes currently for sale in Lakeland:
β‘οΈ 1,095– Last week we had 1,058 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 148 of those homes have their own private pool, or 14% of active homes for sale.
π¨ 160 Active homes are new construction ποΈ, making up 15% 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. π 264 homes were built in 2020 or newer, which is 24%.
π Polk County’s new construction is in high demand!
π 1,204 of the 5,891 active homes (20%) are new builds, and 2,193(37%) were built in 2020 or newer.
π Weekly Highlights:
π 85 New Listings — Up from 80 last week!
π 74 New Contracts –Up from 63 last week.
β
47 Sold/Closed Homes — Up from 42 last week.
π΅ Market Numbers:
$345,208 Average Sold Price(Median: $283,500) π°
$357,125 Average List Price ($411,818 Avg. Act. List Price) π·οΈ
$185.14 Average Price Per Square Foot π
86 Average Days on Market Before Contract β³
97% List-to-Sales Price π₯
π Average sized home for the Sold properties:
ποΈ 3 Bedrooms
π 2 Bathrooms
π 1,814 Heated Square Feet
β¨ Largest Sale for the Week:
ποΈ 5 Bedrooms
π 5.5 Bathrooms
π 6,121 Heated Square Feet
π° $1,425,000 Sales Price
π·οΈ $1,499,900 List Price
π’ 95% List-to-Sale Percentage
β³ 241 Days on Market
π $232.81 Price Per Square Foot
π Located in 33803 in Hollingsworth Creek
π΅ Buyer used Cash to purchase the home
π‘ Smallest Sale for the Week:
ποΈ 2 Bedrooms
π 2 Bathroom
π 928 Heated Square Feet
π° $72,000 Sales Price
π·οΈ $80,000 List Price
π’ 90% List-to-Sale Percentage
β³ 38 Days on Market
π $77.59 Price Per Square Foot
π΅ Buyer used Cash to purchase the home.
π Located in 33805 in Lakeside Village ποΈ
π Thanks for taking the time to check out these stats!
If youβd like to chat about trends, how the market compares to previous years, or explore how we can help you, letβs connect! π¬
π Reach out today to set up a time to get together! π‘ Real estate is our passion!
#wearelakeland #lakelandhometownproperties #lakelandrealestate #iwanttobeyourrealtor

