Here are your weekly stats for activity in Lakeland! πŸ“Šβœ¨

🏑 Homes currently for sale in Lakeland:

➑️ 1,068– Last week we had 1,068 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. πŸŠβ€β™€οΈ 144 of those homes have their own private pool, or 13% of active homes for sale.

πŸ”¨ 94 Active homes are new construction πŸ—οΈ, making up 9% 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. 🌟 199 homes were built in 2020 or newer, which is 19%.
πŸ“ˆ Polk County’s new construction is in high demand!
🏠 1,540 of the 6,505 active homes (24%) are new builds, and 2,453(38%) were built in 2020 or newer.

πŸ“‹ Weekly Highlights:

πŸ“Œ 95 New Listings — Up from 85 last week!
πŸ“ 73 New Contracts — Up from 66 last week.
βœ… 49 Sold/Closed Homes — Down from 51 last week.

πŸ’΅ Market Numbers:

$324,837 Average Sold Price πŸ’°
$334,176 Average List Price ($371,311 Avg. Active List Price) 🏷️
$174.93 Average Price Per Square Foot πŸ“
76 Average Days on Market Before Contract ⏳
97% List-to-Sales Price πŸ”₯

🏠 Average sized home for the Sold properties:

πŸ›οΈ 3 Bedrooms
πŸ› 2 Bathrooms
πŸ“ 1,779 Heated Square Feet

✨ Largest Sale for the Week:

πŸ›οΈ 4 Bedrooms
πŸ› 3.5 Bathrooms
πŸ“ 3,665 Heated Square Feet
πŸ’° $1,215,000 Sales Price
🏷️ $1,275,000 List Price
πŸ”’ 95% List-to-Sale Percentage
⏳ 103 Days on Market
πŸ“ $331.51 Price Per Square Foot
πŸ“ Located in 33812, and almost on 1 Acre lot
πŸ’΅ Buyer used Cash to purchase the home.

🏑 Smallest Sale for the Week:

πŸ›οΈ 2 Bedrooms
πŸ› 1 Bathroom
πŸ“ 1,124 Heated Square Feet
πŸ’° $50,000 Sales Price
🏷️ $129,900 List Price
πŸ”’ 38% List-to-Sale Percentage
⏳ 12 Days on Market
πŸ“ $44.48 Price Per Square Foot
πŸ’΅ Buyer used Cash to purchase the home.
πŸ“ Located in 33805, in Lakeside Providence Park 🏘️

πŸ™ Thanks for taking the time to check out these stats!
If you’d like to chat about trends, how the market compares to previous years, or explore how we can help you, let’s connect! πŸ’¬

πŸ“ž Reach out today to set up a time to get together! 🏑 Real estate is our passion!

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