Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,075– Last week we had 1,095 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.
🔨 161 Active homes are new construction 🏗️, 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. 🌟 266 homes were built in 2020 or newer, which is 25%.
📈 Polk County’s new construction is in high demand!
🏠 1,169 of the 5,810 active homes (20%) are new builds, and 2,154(37%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 85 New Listings — Same from 85 last week!
📝 92 New Contracts –Up from 74 last week.
✅ 37 Sold/Closed Homes — Down from 47 last week.
💵 Market Numbers:
$379,269 Average Sold Price(Median: $360,000) 💰
$391,775 Average List Price ($367,941 Avg. Act. List Price) 🏷️
$187.75 Average Price Per Square Foot 📏
62 Average Days on Market Before Contract ⏳
95% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,970 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3.5 Bathrooms
📐 3,719 Heated Square Feet
💰 $880,000 Sales Price
🏷️ $880,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $236.62 Price Per Square Foot
📍 Located in 33803 on Coventry
💵 Buyer used Conventional financing to purchase the home
**Seller credited the buyer $12,000 at closing
**The seller was a for sale by owner(FSBO)
🏡 Smallest Sale for the Week:
🛏️ 2 Bedrooms
🛁 2 Bathroom
📐 1,056 Heated Square Feet
💰 $30,275 Sales Price
🏷️ $70,000 List Price
🔢 43% List-to-Sale Percentage
⏳ 135 Days on Market
📏 $28.67 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801 in Skyview Estates 🏘️
🙏 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
