Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,041– Last week we had 1,052 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 150 of those homes have their own private pool, or 14% of active homes for sale.
🔨 170 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. 🌟 280 homes were built in 2020 or newer, which is 27%.
📈 Polk County’s new construction is in high demand!
🏠 1,044 of the 5,634 active homes (22%) are new builds, and 2,140(38%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 83 New Listings — Up from 75 last week!
📝 81 New Contracts — Down from 99 last week.
✅ 59 Sold/Closed Homes — Down from 81 last week.
💵 Market Numbers:
$345,210 Average Sold Price(Median: $3312,400) 💰
$355,389 Average List Price ($369,481 Avg. Act. List Price) 🏷️
$191.76 Average Price Per Square Foot 📏
77 Average Days on Market Before Contract ⏳
97% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,769 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3.5 Bathrooms
📐 4,208 Heated Square Feet
💰 $1,100,000 Sales Price
🏷️ $1,175,000 List Price
🔢 94% List-to-Sale Percentage
⏳ 117 Days on Market
📏 $261.41 Price Per Square Foot
📍 Located in 33813 in Eaglebrooke
💵 Buyer used Conventional Financing to purchase the home
**Seller provided a $25,000 credit to buyer at closing
🏡 Smallest Sale for the Week:
🛏️ 1 Bedrooms
🛁 1 Bathroom
📐 854 Heated Square Feet
💰 $88,000 Sales Price
🏷️ $99,900 List Price
🔢 88% List-to-Sale Percentage
⏳ 5 Days on Market
📏 $103.04 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33803 in Kimberlea 🏘️
🙏 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
