Here are your weekly stats for activity in Lakeland! πβ¨
π‘ Homes currently for sale in Lakeland:
β‘οΈ 1,040– Last week we had 1,041 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 145 of those homes have their own private pool, or 14% of active homes for sale.
π¨ 164 Active homes are new construction ποΈ, 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. π 272 homes were built in 2020 or newer, which is 26%.
π Polk County’s new construction is in high demand!
π 1,012 of the 5,613 active homes (18%) are new builds, and 2,112(38%) were built in 2020 or newer.
π Weekly Highlights:
π 80 New Listings — Down from 83 last week!
π 81 New Contracts — Down from 81 last week.
β
56 Sold/Closed Homes — Down from 59 last week.
π΅ Market Numbers:
$337,713 Average Sold Price(Median: $320,000) π°
$345,228 Average List Price ($344,874 Avg. Act. List Price) π·οΈ
$179.56 Average Price Per Square Foot π
72 Average Days on Market Before Contract β³
98% List-to-Sales Price π₯
π Average sized home for the Sold properties:
ποΈ 3 Bedrooms
π 2 Bathrooms
π 1,908 Heated Square Feet
β¨ Largest Sale for the Week:
ποΈ 4 Bedrooms
π 3 Bathrooms
π 2,448 Heated Square Feet
π° $640,000 Sales Price
π·οΈ $659,000 List Price
π’ 97% List-to-Sale Percentage
β³ 46 Days on Market
π $261.44 Price Per Square Foot
π Located in 33812 in Lakeside Heritage
π΅ Buyer used Cash to purchase the home
π‘ Smallest Sale for the Week:
ποΈ 3 Bedrooms
π 2 Bathroom
π 1,152 Heated Square Feet
π° $85,000 Sales Price
π·οΈ $99,000 List Price
π’ 86% List-to-Sale Percentage
β³ 21 Days on Market
π $73.78 Price Per Square Foot
π΅ Buyer used Cash to purchase the home.
π Located in 33811 off Ewell Rd 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

