Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
1,008–Last week we had 1,052 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 140 of those homes have their own private pool or 14% of active homes for sale.
***97 Active homes are new construction. That makes up 10% 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. 179 homes were built in 2020 or newer which is 18%. Polk County’s new construction is in high demand and 1,553 of the 6,044 active homes(26%) are new builds and 2,348(39%) were built in 2020 are newer.
– 36 New Listings– Down from 48 last week!
– 41 New Contracts– Down from 61 last week!
– 35 Sold/Closed Homes– Down from 65 last week!
– $350,145 Average Sold Price
– $359,498 Average List Price($339,081 Avg. Active List Price)
– $201.10 Average Price Per Square Feet
– 58 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,737 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 3.5 Bathrooms
– 3,640 Heated Square Feet
– $1,300,000 Sales Price
– $1,300,000 List Price
– 100% List to Sale Percentage
– 14 Days on Market
– $357.14 Price Per Square Foot
– Located in 33812 and located in Delphis Woods
– Buyer used Cash to purchase the home
Smallest sale for the week:
– 2 Bedrooms
– 1 Bathrooms
– 738 Heated Square Feet
– $140,000 Sales Price
– $145,000 List Price
– 97% List to Sale Percentage
– 185 Days on Market
– $189.70 Price Per Square Foot
– Buyer used FHA financing to purchase the home
– Seller Credited the buyer $4,000 at closing
– This home is located in 33815 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!
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