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

🏑 Homes currently for sale in Lakeland:

➑️ 1,083– Last week we had 1,101 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. πŸŠβ€β™€οΈ 158 of those homes have their own private pool, or 15% of active homes for sale.

πŸ”¨ 163 Active homes are new construction πŸ—οΈ, 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. 🌟 267 homes were built in 2020 or newer, which is 25%.

πŸ“ˆ Polk County’s new construction is in high demand!
🏠 1,044 of the 5,615 active homes (19%) are new builds, and 2,144(38%) were built in 2020 or newer.

πŸ“‹ Weekly Highlights:

πŸ“Œ 75 New Listings — Up from 70 last week!
πŸ“ 77 New Contracts — Up from 63 last week.
βœ… 71 Sold/Closed Homes — Down from 79 last week.

πŸ’΅ Market Numbers:

$350,260 Average Sold Price(Median: $309,999) πŸ’°
$355,726 Average List Price ($371,810 Avg. Act. List Price) 🏷️
$183.48 Average Price Per Square Foot πŸ“
47 Average Days on Market Before Contract ⏳
99% List-to-Sales Price πŸ”₯

🏠 Average sized home for the Sold properties:

πŸ›οΈ 3 Bedrooms
πŸ› 2 Bathrooms
πŸ“ 1,880 Heated Square Feet

✨ Largest Sale for the Week:

πŸ›οΈ 4 Bedrooms
πŸ› 2/1 Bathrooms
πŸ“ 3,418 Heated Square Feet
πŸ’° $1,351,000 Sales Price
🏷️ $1,475,000 List Price
πŸ”’ 92% List-to-Sale Percentage
⏳ 19 Days on Market
πŸ“ $395.26 Price Per Square Foot
πŸ“ Located in 33813 off Clubhouse Rd
πŸ’΅ Buyer used Cash to purchase the home
**The buyers agent was also the listing agent

🏑 Smallest Sale for the Week:

πŸ›οΈ 2 Bedrooms
πŸ› 2 Bathroom
πŸ“ 1,144 Heated Square Feet
πŸ’° $99,000 Sales Price
🏷️ $99,000 List Price
πŸ”’ 100% List-to-Sale Percentage
⏳ 1 Days on Market
πŸ“ $86.54 Price Per Square Foot
πŸ’΅ Buyer used Cash to purchase the home.
πŸ“ Located in 33801 on Oakland Rd 🏘️

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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