Here are your weekly stats for activity in Lakeland!
Homes currently for sale in Lakeland:
679–Last week we had 691 homes for sale. Inventory is trending up(We started the month with 567)!
***78 of the 679 Active homes are new construction. That makes up 11% of the inventory. 118 homes were built in 2020 or newer which is 17%. Polk County’s new construction is exploding and 1,070 of the 3,998 active homes(27%) are new builds and 1,479(37%) were built in 2020 ore newer.
– 74 New Listings–Down from 77 last week!
– 76 New Contracts– Up from 69 last week!
– 57 Sold/Closed Homes– Up from 46 last week!
– $358,870 Average Sold Price
– $3367,104 Average List Price($466,093 Avg. Active List Price)
– $200.30 Average Price Per Square Feet
– 40 Average Days on Market Before Contract
– 98% is List to Sales Price
Average sized home for the Solds are:
– 3 Bedroom
– 2 Bathrooms
– 1,775 Heated Square Feet
Largest sale for the week:
– 5 Bedrooms
– 3.5 Bathrooms
– 4,940 Heated Square Feet
– $1,275,000 Sales Price
– $1,499,000 List Price
– 85% List to Sale Percentage
– 119 Days on Market
– $258.10 Price Per Square Foot
– Located in 33803 Right Near Lake Hollingsworth
– Buyer used Cash to Purchase the Home
Smallest sale for the week:
– 2 Bedrooms
– 1.5 Bathrooms
– 728 Heated Square Feet
– $70,000 Sales Price
– $75,000 List Price
– 93% List to Sale Percentage
– 131 Days on Market
– $96.15 Price Per Square Foot
– Buyer Used Conventional Financing to Purchase Home
– This home is located in 33810 and needed updating
****On both the highest and lowest sale, the listing agent had the purchase side as well.
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!
