Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
691–Last week we had 618 homes for sale. Inventory is trending up(We started the month with 567)!
***85 of the 691 Active homes are new construction. That makes up 12% of the inventory. 121 homes were built in 2020 or newer which is 18%. Polk County’s new construction is exploding and 1,087 of the 3,948 active homes(28%) are new builds and 1,501(38%) were built in 2020 ore newer.
– 77 New Listings–Down from 92 last week!
– 69 New Contracts– Up from 66 last week!
– 46 Sold/Closed Homes– Down from 49 last week!
– $346,458 Average Sold Price
– $350,424 Average List Price($450,489 Avg. Active List Price)
– $195.19 Average Price Per Square Feet
– 39 Average Days on Market Before Contract
– 99% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,773 Heated Square Feet
Largest sale for the week:
– 4 Bedrooms
– 2 Bathrooms
– 3,699 Heated Square Feet
– $1,009,900 Sales Price
– $999,900 List Price
– 101% List to Sale Percentage
– 4 Days on Market
– $273.02 Price Per Square Foot
– Located in 33813 on 2 acre lot
– Buyer used Conventional Financing with $5,000 Seller Credit
Smallest sale for the week:
– 3 Bedrooms
– 1 Bathrooms
– 752 Heated Square Feet
– $85,000 Sales Price
– $99,000 List Price
– 86% List to Sale Percentage
– 11 Days on Market
– $113.03 Price Per Square Foot
– Buyer Used Cash for Purchase
– This home is located in 33815 and needed updating
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!
