Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
1,018–Last week we had 1,008 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 143 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 1,539 of the 6,098 active homes(25%) are new builds and 2,366(39%) were built in 2020 are newer.
– 54 New Listings– Up from 36 last week!
– 54 New Contracts– Up from 41 last week!
– 44 Sold/Closed Homes– Up from 35 last week!
– $351,367 Average Sold Price
– $360,758 Average List Price($357,661 Avg. Active List Price)
– $194.54 Average Price Per Square Feet
– 60 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,753 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 3.5 Bathrooms
– 4,614 Heated Square Feet
– $1,200,000 Sales Price
– $1,300,000 List Price
– 92% List to Sale Percentage
– 0 Days on Market
– $260.08 Price Per Square Foot
– Located in 33803 and located off Cleveland Heights
– Buyer used Cash to purchase the home
– The listing agent was the same as the buyers agent
Smallest sale for the week:
– 2 Bedrooms
– 2 Bathrooms
– 1,160 Heated Square Feet
– $21,500 Sales Price
– $23,500 List Price
– 91% List to Sale Percentage
– 33 Days on Market
– $18.53 Price Per Square Foot
– Buyer used Cash to purchase the home
– This home is located in 33810 in Foxwood Village
– The listing agent was the same as the buyers agent
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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