Here is your Year Over Year(YoY) snapshot for the Lakeland real estate market for May 2024!
So YOY for the whole year so far the sales price is UP: $7,712 higher than 2023 and the total number of sales is DOWN: 128 sales.
Look and see how different the pricing was for May 2024 versus May 2023.
Sales price went Down: $27,578
Number of sales is Down: 36 units
Average days on market is Up: 4 days
List to sale ratio is Down: 1%
Inventory of for sale properties is Up: 246 homes
Attrition Rate(05/2023: 1.78 05/2024: 2.70) Up: .92
What stat are you curious about or want more information on? Let me know and I can get you the information! Have questions about the market or what the trends are, we can set up a time to meet and go over what your best options are. Real Estate is not meant for everyone all the time but it is always the right time for the right people to buy, sell, invest or refinance.