Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
695–Last week we had 678 homes for sale. Inventory is staying consistent in that range. 116 of those homes have their own private pool or 17% of active homes for sale.
***81 of the 695 Active homes are new construction. That makes up 12% of the inventory. 122 homes were built in 2020 or newer which is 18%. Polk County’s new construction is exploding and 1,146 of the 4,262 active homes(27%) are new builds and 1,606(38%) were built in 2020 are newer.
– 62 New Listings–Up from 24 last week!
– 47 New Contracts– Same from 47 last week!
– 26 Sold/Closed Homes– Down from 48 last week!
– $330,235 Average Sold Price
– $336,234 Average List Price($366,657 Avg. Active List Price)
– $202.67 Average Price Per Square Feet
– 32 Average Days on Market Before Contract
– 97% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,619 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 2 Bathrooms
– 2,514 Heated Square Feet
– $605,000 Sales Price
– $609,000 List Price
– 99% List to Sale Percentage
– 96 Days on Market
– $243.76 Price Per Square Foot
– Located in 33811 in Barrington Heights Subdivision
– Buyer used Conventional Financing to purchase the house with $10,000 buyers credit
Smallest sale for the week:
– 3 Bedrooms
– 2 Bathrooms
– 952 Heated Square Feet
– $105,000 Sales Price
– $200,000 List Price
– 53% List to Sale Percentage
– 3 Days on Market
– $110.29 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33811 and is a mobile 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!
