Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
792–Last week we had 762 homes for sale. Inventory is staying consistent in that range. 114 of those homes have their own private pool or 14% of active homes for sale.
***109 of the 792 Active homes are new construction. That makes up 14% of the inventory. 167 homes were built in 2020 or newer which is 21%. Polk County’s new construction is exploding and 1,242 of the 4,663 active homes(27%) are new builds and 1,801(39%) were built in 2020 are newer.
– 101 New Listings– Up from 77 last week!
– 94 New Contracts– Up from 87 last week!
– 51 Sold/Closed Homes– Down from 53 last week!
– $303,391 Average Sold Price
– $311,540 Average List Price($382,405 Avg. Active List Price)
– $190.01 Average Price Per Square Feet
– 25 Average Days on Market Before Contract
– 96% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,662 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 3 Bathrooms
– 2,950 Heated Square Feet
– $630,000 Sales Price
– $639,000 List Price
– 99% List to Sale Percentage
– 76 Days on Market
– $213.56 Price Per Square Foot
– Located in 33812 in Verandah Subdivision
– Buyer used Conventional to purchase the home
Smallest sale for the week:
– 3 Bedrooms
– 2 Bathrooms
– 924 Heated Square Feet
– $80,000 Sales Price
– $100,000 List Price
– 80% List to Sale Percentage
– 14 Days on Market
– $86.58 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33810 and is a manufactured 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!
