Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
740–Last week we had 716 homes for sale. Inventory is staying consistent in that range. 119 of those homes have their own private pool or 16% of active homes for sale.
***84 of the 740 Active homes are new construction. That makes up 11% of the inventory. 131 homes were built in 2020 or newer which is 18%. Polk County’s new construction is exploding and 1,173 of the 4,398 active homes(27%) are new builds and 1,669(38%) were built in 2020 are newer.
– 99 New Listings– Up from 90 last week!
– 75 New Contracts– Up from 61 last week!
– 50 Sold/Closed Homes– Up from 48 last week!
– $302,596 Average Sold Price
– $309,401 Average List Price($371,476 Avg. Active List Price)
– $182.64 Average Price Per Square Feet
– 42 Average Days on Market Before Contract
– 97% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,652 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 3 Bathrooms
– 3,697 Heated Square Feet
– $715,000 Sales Price
– $749,900 List Price
– 95% List to Sale Percentage
– 7 Days on Market
– $193.40 Price Per Square Foot
– Located in 33812 in Vintage View Subdivision
– Buyer used Conventional to purchase the home with a seller credit of $7,500
Smallest sale for the week:
– 2 Bedrooms
– 1.5 Bathrooms
– 672 Heated Square Feet
– $54,000 Sales Price
– $65,000 List Price
– 83% List to Sale Percentage
– 12 Days on Market
– $80.36 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33810 and is a fixer upper manufactured home
– The listing agent also had the buyer side
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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