Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
781–Last week we had 781 homes for sale. Inventory is staying pretty stable in that range. We will see if it stays with that trend or if we will get more listings. 129 of those homes have their own private pool or 16% of active homes for sale.
***67 of the 782 Active homes are new construction. That makes up 9% of the inventory. The new home construction in Lakeland is not nearly as high as in the rest of the county. 121 homes were built in 2020 or newer which is 15%. Polk County’s new construction is exploding and 1,299 of the 4,934 active homes(26%) are new builds and 1,896(38%) were built in 2020 are newer.
– 90 New Listings– Down from 96 last week!
– 86 New Contracts– Down from 104 last week!
– 78 Sold/Closed Homes– Up from 74 last week!
– $348,458 Average Sold Price
– $354,632 Average List Price($393.721 Avg. Active List Price)
– $192.04 Average Price Per Square Feet
– 46 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,787 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 4/2.5 Bathrooms
– 5,806 Heated Square Feet
– $1,500,000 Sales Price
– $1,575,000 List Price
– 95% List to Sale Percentage
– 140 Days on Market
– $258.35 Price Per Square Foot
– Located in 33803 of Lake Hollingsworth Dr
– Buyer used conventional financing to purchase the home
Smallest sale for the week:
– 2 Bedrooms
– 1 Bathrooms
– 776 Heated Square Feet
– $75,000 Sales Price
– $93,000 List Price
– 81% List to Sale Percentage
– 21 Days on Market
– $96.65 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33805
Thanks for taking the time to check out these stats. If you would like to speak to us about these, how they are trending this year compared to other years or want to speak about how we can help you, we would love to connect! Reach out today and lets set up a time to get together! Real estate is our passion!