Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
1,073–Last week we had 1,095 homes for sale. Inventory is staying steady currently. We will see if it stays that way or if demand will bring that down. 151 of those homes have their own private pool or 14% of active homes for sale.
***90 of the 1,073 Active homes are new construction. That makes up 8% 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. 184 homes were built in 2020 or newer which is 17%. Polk County’s new construction is in high demand and 1,483 of the 6,020 active homes(25%) are new builds and 2,285(38%) were built in 2020 are newer.
– 47 New Listings– Down from 82 last week!
– 50 New Contracts– Down from 62 last week!
– 44 Sold/Closed Homes– Down from 49 last week!
– $312,854 Average Sold Price
– $322,572 Average List Price($388,449 Avg. Active List Price)
– $200.95 Average Price Per Square Feet
– 64 Average Days on Market Before Contract
– 97% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,582 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 3 Bathrooms
– 3,411 Heated Square Feet
– $650,000 Sales Price
– $679,800 List Price
– 96% List to Sale Percentage
– 112 Days on Market
– $190.56 Price Per Square Foot
– Located in 33813 and located in Crescent Lake
– Buyer used Cash to purchase the home
Smallest sale for the week:
– 1 Bedrooms
– 1 Bathrooms
– 612 Heated Square Feet
– $110,000 Sales Price
– $125,000 List Price
– 88% List to Sale Percentage
– 129 Days on Market
– $179.74 Price Per Square Foot
– Buyer used FHA financing to purchase the home
– This home is located in 33805 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!
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