Here are your weekly stats for activity in Lakeland! 📊✨
🏡 Homes currently for sale in Lakeland:
➡️ 1,101– Last week we had 1,078 homes for sale. Inventory is rising a little currently. We will see if it stays that way or if demand will bring that down. 🏊♀️ 165 of those homes have their own private pool, or 15% of active homes for sale.
🔨 171 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. 🌟 275 homes were built in 2020 or newer, which is 25%.
📈 Polk County’s new construction is in high demand!
🏠 1,045 of the 5,629 active homes (19%) are new builds, and 2,150(38%) were built in 2020 or newer.
📋 Weekly Highlights:
📌 70 New Listings — Down from 94 last week!
📝 63 New Contracts — Down from 73last week.
✅ 79 Sold/Closed Homes — Down from 80 last week.
💵 Market Numbers:
$383,488 Average Sold Price(Median: $350,000) 💰
$391,618 Average List Price ($350,787 Avg. Act. List Price) 🏷️
$198.20 Average Price Per Square Foot 📏
66 Average Days on Market Before Contract ⏳
98% List-to-Sales Price 🔥
🏠 Average sized home for the Sold properties:
🛏️ 3 Bedrooms
🛁 2 Bathrooms
📐 1,896 Heated Square Feet
✨ Largest Sale for the Week:
🛏️ 4 Bedrooms
🛁 3/1 Bathrooms
📐 5,064 Heated Square Feet
💰 $1,225,000 Sales Price
🏷️ $1,225,000 List Price
🔢 100% List-to-Sale Percentage
⏳ 0 Days on Market
📏 $241.90 Price Per Square Foot
📍 Located in 33803 off Briarwood Ln
💵 Buyer used Conventional Financing to purchase the home
🏡 Smallest Sale for the Week:
🛏️ 3 Bedrooms
🛁 2 Bathroom
📐 1,216 Heated Square Feet
💰 $120,000 Sales Price
🏷️ $175.000 List Price
🔢 69% List-to-Sale Percentage
⏳ 5 Days on Market
📏 $98.68 Price Per Square Foot
💵 Buyer used Conventional Financing to purchase the home.
📍 Located in 33809 in Gibson Oaks Sub 🏘️
**Seller credited buyer $5,000 at closing
🙏 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
