Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
829–Last week we had 808 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.
***80 of the 829 Active homes are new construction. That makes up 10% 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. 142 homes were built in 2020 or newer which is 17%. Polk County’s new construction is exploding and 1,401 of the 5,166 active homes(27%) are new builds and 2,037(39%) were built in 2020 are newer.
– 92 New Listings– Up from 88 last week!
– 75 New Contracts– Down from 96 last week!
– 79 Sold/Closed Homes– Up from 71 last week!
– $339,435 Average Sold Price
– $343,789 Average List Price($369,342 Avg. Active List Price)
– $195.48 Average Price Per Square Feet
– 41 Average Days on Market Before Contract
– 99% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,777 Heated Square Feet
Largest sale for the week:
– 3 Bedrooms
– 3/1 Bathrooms
– 4,592 Heated Square Feet
– $1,165,000 Sales Price
– $1,250,000 List Price
– 93% List to Sale Percentage
– 22 Days on Market
– $253.70 Price Per Square Foot
– Located in 33813 and located on 4.10 acre lot
– Buyer used Cash to purchase the home
Smallest sale for the week:
– 2 Bedrooms
– 2 Bathrooms
– 480 Heated Square Feet
– $57,500 Sales Price
– $49,000 List Price
– 117% List to Sale Percentage
– 21 Days on Market
– $119.79 Price Per Square Foot
– Buyer Assumed the sellers loan
– This home is located in 33801 and is a mobile 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!