Market report, updated

Lake Wales Home Values and Market Report

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Joseph Tipa, licensed Realtor
Report prepared by Joseph Tipa, licensed Realtor

Market at a glance

Over the last 12 months, homes sold for 95.3% of list price in 63 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $325K Sold · $311K
$850K$630K$410K$190K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 2 sales in Nov. Last month: 2.

Where the market stands

All homes in this report, by status.

27homes
Active9 · 33%
Under contract2 · 7%
Sold (12 mo)16 · 59%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$628K
Under contract$347K
Sold$296K

Average days on market

Active343 days
Under contract84 days
Sold63 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 9
Average list price $628,100
Avg. days on market 343 days
Avg. price per ft² $165 Based on 7 of 9 homes
Avg. living area 4,285 ft² Based on 7 of 9 homes
Avg. beds / baths 3.4 / 4.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

2 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 7 homes plotted, up to $3M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

244 E Park Avenue$194
244 E Park Avenue$194
706 S Lakeshore Boulevard$186
425 E Sessoms Avenue$172
425 E Sessoms Avenue$172
414 E Bullard Avenue$135
322 Scenic Highway N$105

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
206 N 1st StreetLake Wales, FL 33853 ———$259,000—0 days
706 S Lakeshore BoulevardLake Wales, FL 33853 323,206$599,000$18667 days
414 E Bullard AvenueLake Wales, FL 33853 322,035$275,000$135170 days
322 Scenic Highway NLake Wales, FL 33853 ——4,494$474,900$105269 days
425 E Sessoms AvenueLake Wales, FL 33853 231,652$285,000$172338 days
425 E Sessoms AvenueLake Wales, FL 33853 331,652$285,000$172367 days
244 E Park AvenueLake Wales, FL 33853 ——8,480$1,650,000$194481 days
244 E Park AvenueLake Wales, FL 33853 6108,480$1,650,000$194481 days
60 E StreetLake Wales, FL 33898 ———$175,000—915 days
Joseph Tipa, licensed Realtor

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Joseph Tipa, licensed Realtor

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