Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,155– Last week we had 1,158 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 145 of those homes have their own private pool, or 13% of active homes for sale.
🔨 207 Active homes are new construction 🏗️, making up 18% 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. 🌟 314 homes were built in 2020 or newer, which is 27%.
📈 Polk County’s new construction is in high demand!
🏠 1,055 of the 5,775 active homes (18%) are new builds, and 2,217(38%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 84 New Listings — Up from 83 last week!
📝 72 New Contracts — Down from 77 last week.
✅ 57 Sold/Closed Homes — Up from 38 last week.
💵 Market Numbers:
$367,895 Average Sold Price(Median: $330,000) 💰
$376,368 Average List Price ($375,757 Avg. Act. List Price) 🏷️
$189.46 Average Price Per Square Foot 📏
56 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,943 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 5 Bedrooms
🛁 4 Bathrooms
📐 3,380 Heated Square Feet
💰 $1,095,000 Sales Price
🏷️ $1,195,000 List Price
🔢 92% List-to-Sale Percentage
⏳ 266 Days on Market
📏 $323.96 Price Per Square Foot
📍 Located in 33803 in Cherokee Place
💵 Buyer used Conventional Financing to purchase the home
** Seller credit buyer $25,000 at closing
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 1,440 Heated Square Feet
💰 $85,000 Sales Price
🏷️ $109,000 List Price
🔢 78% List-to-Sale Percentage
⏳ 1 Days on Market
📏 $59.03 Price Per Square Foot
💵 Buyer used Cash to purchase the home.
📍 Located in 33810 on Lorraine St 🏘️
🙏 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
