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Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
799–Last week we had 782 homes for sale. Inventory is staying consistent in that range. 125 of those homes have their own private pool or 16% of active homes for sale.
***95 of the 799 Active homes are new construction. That makes up 12% of the inventory. 153 homes were built in 2020 or newer which is 19%. Polk County’s new construction is exploding and 1,236 of the 4,737 active homes(26%) are new builds and 1,813(38%) were built in 2020 are newer.
– 85 New Listings– Up from 80 last week!
– 86 New Contracts– Up from 81 last week!
– 53 Sold/Closed Homes– Down from 63 last week!
– $348,012 Average Sold Price
– $355,055 Average List Price($394,210 Avg. Active List Price)
– $196.11 Average Price Per Square Feet
– 52 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,750 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 2.5 Bathrooms
– 2,432 Heated Square Feet
– $770,250 Sales Price
– $790,000 List Price
– 98% List to Sale Percentage
– 269 Days on Market
– $316.71 Price Per Square Foot
– Located in 33803 off Derbyshire Ave
– Buyer used Conventional financing to purchase the home
-Seller credited the buyer $8,000 as a seller concession
Smallest sale for the week:
– 2 Bedrooms
– 2 Bathrooms
– 789 Heated Square Feet
– $94,000 Sales Price
– $110,000 List Price
– 85% List to Sale Percentage
– 78 Days on Market
– $119.14 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33809 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!