Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
790–Last week we had 782 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. 126 of those homes have their own private pool or 16% of active homes for sale.
***59 of the 790 Active homes are new construction. That makes up 7% of the inventory. The new home construction in Lakeland is not nearly as high as in the rest of the county and is dropping. 114 homes were built in 2020 or newer which is 14%. Polk County’s new construction is exploding and 1,314 of the 4,940 active homes(27%) are new builds and 1,905(39%) were built in 2020 are newer.
– 91 New Listings– Up from 90 last week!
– 98 New Contracts– Up from 86 last week!
– 72 Sold/Closed Homes– Down from 78 last week!
– $363,165 Average Sold Price
– $373,375 Average List Price($385,807 Avg. Active List Price)
– $191.97 Average Price Per Square Feet
– 50 Average Days on Market Before Contract
– 96% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,872 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 3 Bathrooms
– 3,165 Heated Square Feet
– $1,075,000 Sales Price
– $1,075,000 List Price
– 100% List to Sale Percentage
– 58 Days on Market
– $339.65 Price Per Square Foot
– Located in 33812 in Delphi Hills
– Buyer used conventional financing to purchase the home
– Seller gave the buyer a $10,000 credit for closing costs
Smallest sale for the week:
– 2 Bedrooms
– 1 Bathrooms
– 502 Heated Square Feet
– $90,000 Sales Price
– $150,000 List Price
– 60% List to Sale Percentage
– 36 Days on Market
– $179.28 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33801 and is a single family home
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!