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🏡 **HOW’S THE REAL ESTATE MARKET IN LAKELAND, FLORIDA? | AUGUST 2026 MARKET UPDATE**

Is the real estate market slowing down, or is it still a good time to buy or sell? Brian Stephens of eXp Realty breaks down the latest August 2026 market statistics from the Lakeland Association of Realtors to help you understand what’s happening in Lakeland and Polk County, Florida.

📊 **KEY MARKET HIGHLIGHTS**

✅ **406 homes sold in August 2026** across the Lakeland Association of Realtors market
✅ **Average sale price:** $374,521
✅ **Average list-to-sale price:** 98%
✅ **Average days on market:** 53 days before going under contract
✅ **Year-to-date homes sold:** 3,254
✅ **Year-to-date average sale price:** $343,076
✅ **Year-to-date average days on market:** 71 days

💰 **WHAT DOES THIS MEAN FOR BUYERS AND SELLERS?**

🏠 **For Buyers:**

- More opportunities to negotiate as some homes remain on the market longer.
- Explore new construction incentives, including potential closing cost assistance and mortgage rate buy-downs.
- Compare resale homes with new construction options to find the best fit for your budget.

🔑 **For Sellers:**

- Pricing your home strategically is essential in today’s market.
- Be prepared to negotiate and understand what buyers are comparing your home against.
- Competing with builder incentives may require a thoughtful pricing and marketing strategy.

📉 **Are Home Prices Falling?**

Brian explains that average sale prices have eased compared with 2025, but that doesn't automatically mean the market is crashing. Buyers may have more negotiating power, while sellers can still achieve strong results when their homes are priced and marketed appropriately.

📍 **Market Area:** Lakeland, Polk County, and Central Florida

💬 **Thinking about buying or selling a home?** Every situation is different. Whether you need help understanding your home's value, creating a selling strategy, comparing builder incentives, or finding the right property, Brian can help you explore your options.

Book a Call : https://calendly.com/brianstephensrealestate/30min

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https://brianstephens.exprealty.careers/

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📞 Have Questions? Call or Text Me Directly!
Brian Stephens | eXp Realty
Cell: (863) 647-8600

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God Bless!

Brian Stephens

Realtor, eXp Realty

www.realtorsoffaith.com