Here are your weekly stats for activity in Lakeland! πβ¨
π‘ Homes currently for sale in Lakeland:
β‘οΈ 1,050– Last week we had 1,071 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πββοΈ 153 of those homes have their own private pool, or 15% of active homes for sale.
π¨ 134 Active homes are new construction ποΈ, making up 13% 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 229 homes were built in 2020 or newer, which is 22%.
π Polk County’s new construction is in high demand!
π 1,156 of the 5,957 active homes (19%) are new builds, and 2,172(36%) were built in 2020 or newer.
π Weekly Highlights:
π 62 New Listings — Down from 65 last week!
π 54 New Contracts –Down from 56 last week.
β
51 Sold/Closed Homes — Up from 48 last week.
π΅ Market Numbers:
$312,761 Average Sold Price π°
$319,416 Average List Price ($339,827 Avg. Act. List Price) π·οΈ
$184.86 Average Price Per Square Foot π
64 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 1,693 Heated Square Feet
β¨ Largest Sale for the Week:
ποΈ 4 Bedrooms
π 3 Bathrooms
π 2,647 Heated Square Feet
π° $710,000 Sales Price
π·οΈ $750,000 List Price
π’ 95% List-to-Sale Percentage
β³ 17 Days on Market
π $268.23 Price Per Square Foot
π Located in 33803 in Williamsburg Estates
π΅ Buyer used Conventional financing to purchase the home
**Listing agent was owner
π‘ Smallest Sale for the Week:
ποΈ 3 Bedrooms
π 1 Bathroom
π 900 Heated Square Feet
π° $106,730 Sales Price
π·οΈ $106,730 List Price
π’ 100% List-to-Sale Percentage
β³ 0 Days on Market
π $118.59 Price Per Square Foot
π΅ Buyer used Cash to purchase the home.
π Located in 33803 on Atlanta Ave. 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

