Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
872–Last week we had 871 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. 127 of those homes have their own private pool or 15% of active homes for sale.
***79 of the 872 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. 147 homes were built in 2020 or newer which is 17%. Polk County’s new construction is exploding and 1,452 of the 5,380 active homes(27%) are new builds and 2,158(40%) were built in 2020 are newer.
– 87 New Listings– Down from 95 last week!
– 88 New Contracts– Up from 68 last week!
– 86 Sold/Closed Homes– Up from 71 last week!
– $400,767 Average Sold Price
– $407,676 Average List Price($433,180 Avg. Active List Price)
– $206.52 Average Price Per Square Feet
– 45 Average Days on Market Before Contract
– 99% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,933 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 4.5 Bathrooms
– 2,419 Heated Square Feet
– $1,739,000 Sales Price
– $1,950,000 List Price
– 89% List to Sale Percentage
– 107 Days on Market
– $718.89 Price Per Square Foot
– Located in 33810 and had 107 acres of land
– Buyer used Cash to purchase the home
Smallest sale for the week:
– 1 Bedrooms
– 1 Bathrooms
– 854 Heated Square Feet
– $106,750 Sales Price
– $114,900 List Price
– 93% List to Sale Percentage
– 209 Days on Market
– $125 Price Per Square Foot
– Buyer used Cash to purchase the home
– This home is located in 33803 and is a condo
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!