Housing supply DROPS. Pricing DROPS. Mortgage rates are UP.
Автор: Jared Weggeland
Загружено: 2026-03-18
Просмотров: 4
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Real Estate Roundup: Lakeland & Central Florida Market Update - Inventory Drops, Prices Fall, Rates Rise
We discuss the latest real estate trends in Lakeland and Central Florida over the past week. We cover how available homes are dropping, home prices are decreasing (average sold price down $35,000 to $328,000), and interest rates are climbing to 6.41%. We break down key metrics including average home size, days on market, and the sales-to-list price ratio. We also analyze new listings, sold listings, and pending contracts for both Lakeland and Polk County, noting a shrinking inventory with an 81.3% replenishment ratio. We highlight that we're currently at a 5.51-month housing supply with a 10% shortage of homes, making it technically a seller's market despite buyer-friendly negotiating conditions.
#RealEstateRoundup #LakelandRealEstate #CentralFloridaRealEstate #HousingMarket #RealEstateUpdate #PolkCounty #HomePrices #InventoryShrinking #MortgageRates #KellerWilliams #RealEstateNews #FloridaHousing #HomeSales #BuyersMarket #SellersMarket
Jared Weggeland, Realtor, Focus Group Florida, Keller Williams Realty, [email protected], 863-640-2246, http://FocusGroupFL.kw.com
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