Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,1098– Last week we had 1,108 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 143 of those homes have their own private pool, or 13% of active homes for sale.
🔨 173 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. 🌟 274 homes were built in 2020 or newer, which is 25%.
📈 Polk County’s new construction is in high demand!
🏠 1,111 of the 5,635 active homes (20%) are new builds, and 2,202(39%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 79 New Listings — Up from 73 last week!
📝 90 New Contracts — Up from 61 last week.
✅ 90 Sold/Closed Homes — Up from 68 last week.
💵 Market Numbers:
$330,474 Average Sold Price(Median: $317,450) 💰
$337,273 Average List Price ($349,483 Avg. Act. List Price) 🏷️
$194.73 Average Price Per Square Foot 📏
60 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,720 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 5 Bedrooms
🛁 3/1 Bathrooms
📐 3,846 Heated Square Feet
💰 $800,000 Sales Price
🏷️ $850,000 List Price
🔢 94% List-to-Sale Percentage
⏳ 6 Days on Market
📏 $208.01 Price Per Square Foot
📍 Located in 33813 in Southern Oaks
💵 Buyer used Cash to purchase the home
**The listing agent also represented the buyer
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 1 Bathroom
📐 792 Heated Square Feet
💰 $67,000 Sales Price
🏷️ $80,000 List Price
🔢 84% List-to-Sale Percentage
⏳ 19 Days on Market
📏 $84.60 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33801 in Lake Bonny Park 🏘️
🙏 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
