Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
827–Last week we had 829 homes for sale. Inventory has RISEN a little bit lately. We will see if it stays with that trend or if demand will bring that down. 119 of those homes have their own private pool or 14% of active homes for sale.
***78 of the 827 Active homes are new construction. That makes 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. 140 homes were built in 2020 or newer which is 17%. Polk County’s new construction is exploding and 1,438 of the 5,249 active homes(27%) are new builds and 2,104(40%) were built in 2020 are newer.
– 79 New Listings– Down from 92 last week!
– 89 New Contracts– Up from 75 last week!
– 92 Sold/Closed Homes– Up from 79 last week!
– $336,509 Average Sold Price
– $341,267 Average List Price($412,352 Avg. Active List Price)
– $192.73 Average Price Per Square Feet
– 54 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,723 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 3 Bathrooms
– 3,267 Heated Square Feet
– $775,000 Sales Price
– $775,000 List Price
– 100% List to Sale Percentage
– 153 Days on Market
– $237.22 Price Per Square Foot
– Located in 33813 in Crescent Woods
– Buyer used Conventional Financing to purchase the home
– Seller gave a credit of $7,500 to Buyer at closing
Smallest sale for the week:
– 2 Bedrooms
– 1 Bathrooms
– 768 Heated Square Feet
– $49,000 Sales Price
– $49,000 List Price
– 100% List to Sale Percentage
– 0 Days on Market
– $63.80 Price Per Square Foot
– Buyer used Cash to purchase the home
– This home is located in 33801 and is a Single Family 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!