By Jared Weggeland
Focus Realty Group
If you have been looking at buying a home in Lakeland FL recently, you may have noticed a few things:
- There are very few houses available.
- The houses that are available are sometimes "not that great" and may need some TLC, major TLC in some cases.
- When a "nice" home, or move in ready home, hits the market it will often be under contract before you get to see it.
- There are frequently multiple offers on a single home.
What is going on in the Lakeland housing marketplace? I had the same question, so I did some research. Here are some statistics from March 2017 (the most recent numbers available as of this posting) for the Lakeland Association of Realtors:
- There were 980 homes available in Lakeland.
- There were 366 homes sold in Lakeland.
- There was only 2.7 months of housing supply (we typically need 6 months of supply to meet housing demand).
- Homes sold for an average of 96% of their listed price.
- Homes were on the market for an average of 61 days.
- The average sales price of a home in Lakeland was $169,013.
What does this all mean to you, if you have a house in Lakeland that you may want to sell? Four reasons that now may be the perfect time to sell:
1) If you are thinking about selling, there is less competition against your house.
2) If you are thinking about selling, and your home is in good condition, you have an advantage.
3) If you are thinking about selling, it will sell more quickly ... today.
4) If you are thinking about selling, you will get top dollar ... today.
It would be great to have a crystal ball and be able to predict what will happen in the real estate market over the next several months. What we know now, today, is that homes for sale are scarce. When there is a scarcity of supply, the selling price goes up and the time needed to sell goes down. Get help from the experts at Focus Realty Group, KW Lakeland, today!
If you'd like to learn more about selling your house, there are a few thing you can do:
- Click this link to get a home value and sales report in about 30 seconds or less: http://bit.do/MyHouseValue
- Call or text Jared and Focus Realty Group, KW Lakeland, at 863-640-2246 to request a FREE selling consultation.
- Contact us online now to request more info about selling your house.