Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
808–Last week we had 803 homes for sale. Inventory is staying pretty stable in that range. We will see if it stays with that trend or if we will get more listings. 111 of those homes have their own private pool or 14% of active homes for sale.
***71 of the 808 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. 133 homes were built in 2020 or newer which is 16%. Polk County’s new construction is exploding and 1,386 of the 5,176 active homes(27%) are new builds and 2,012(39%) were built in 2020 are newer.
– 88 New Listings– Up from 80 last week!
– 96 New Contracts– Up from 80 last week!
– 71 Sold/Closed Homes– Up from 68 last week!
– $349,051 Average Sold Price
– $357,185 Average List Price($372,701 Avg. Active List Price)
– $196.20 Average Price Per Square Feet
– 39 Average Days on Market Before Contract
– 97% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,794 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 3/2 Bathrooms
– 4,462 Heated Square Feet
– $925,000 Sales Price
– $999,900 List Price
– 93% List to Sale Percentage
– 3 Days on Market
– $207.31 Price Per Square Foot
– Located in 33813 in The Village at Scott Lake Subdivision
– Buyer used VA financing to purchase the home
Smallest sale for the week:
– 2 Bedrooms
– 1 Bathrooms
– 1,110 Heated Square Feet
– $70,000 Sales Price
– $115,000 List Price
– 61% List to Sale Percentage
– 77 Days on Market
– $63.06 Price Per Square Foot
– Buyer Used Cash to Purchase Home
– This home is located in 33803 and is a single family home
– The listing agent helped the buyer and seller on this sale
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!