Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
744–Last week we had 777 homes for sale. Inventory is starting to trend down week over week. We will see if it stays with that trend or if we will get more listings. 119 of those homes have their own private pool or 15% of active homes for sale.
***60 of the 744 Active homes are new construction. That makes up 8% of the inventory. This is going down at a decent pace. 116 homes were built in 2020 or newer which is 16%. Polk County’s new construction is exploding and 1,208 of the 4,669 active homes(26%) are new builds and 1,781(38%) were built in 2020 are newer.
– 69 New Listings– Up from 65 last week!
– 92 New Contracts– Up from 91 last week!
– 82 Sold/Closed Homes– Up from 63 last week!
– $326,611 Average Sold Price
– $334,073 Average List Price($399,542 Avg. Active List Price)
– $193.35 Average Price Per Square Feet
– 41 Average Days on Market Before Contract
– 97% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,693 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 3.5 Bathrooms
– 2,942 Heated Square Feet
– $837,000 Sales Price
– $849,000 List Price
– 99% List to Sale Percentage
– 4 Days on Market
– $284.50 Price Per Square Foot
– Located in 33810 off Selph Rd
– Buyer used Cash to purchase the home
– The listing agent also represented the buyer
Smallest sale for the week:
– 2 Bedrooms
– 1.5 Bathrooms
– 827 Heated Square Feet
– $42,000 Sales Price
– $52,900 List Price
– 79% List to Sale Percentage
– 4 Days on Market
– $50.79 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33801 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!