Land O’ Lakes Real Estate Market Report 34637- Feb 2014

Land O Lakes Real Estate MarketLand O Lakes Real Estate Update:

14 homes were sold in Land O’ Lakes (34637 Zip code) with a median price of $172,500 in February 2014.

10 homes were sold during the same period last year. It resulted in 40% increase in the unit volume and increase of 8.9% in the median price (from $158,450 t0 $172,500).

The unit volume was also up by 7.7% but did have the downward price movement by 30.4%  from the previous month of this year.

At the end of the month there were 88 homes for sale in this area which included 28 new home listings.

New home listings were up from 18 to 28 in contrast with same period last year. Since 20 homes went under contract, it resulted in 4.4 months inventory.

There was also upward change in the number of homes that went under contract in contrast of February 2013 to February 2014.

The average days on the market currently is around 75 days.

Most of the homes that sold were purchased with either Cash, FHA  or Conventional financing.

View all the homes in  Land O Lakes, FL

 

Land O’ Lakes Communities include AlsaceAsbel CreekAsbel EstatesBahia AcresBallantrae, Bell Harbor, Branch Ranch, Caliente Nudist Resort, Chelsea Meadows, Concord StationConnerton, Devonwood, Dupree Lakes, Enclave, Glendale VillasGrand OaksThe GrovesHuntington Ridge TownhomesIvermar Estates, Lago Del Ray, Lake PadgettLake TaliaLake Thomas EstatesLake Thomas PointeLakeshore RanchLandings at Bell LakeThe OaksOaksteadOasisPasco Sunset LakesPine GlenPlantation PalmsSable RidgeStagecoachStonegateSwann Lake, Terra Bella, Tierra Del- Sol, Twin Lakes, Valencia GardensWilderness Lake Preserve

If you are looking to buy or sell a home in Land O’ Lakes, FL or have any questions regarding Land O Lakes real estate call Lovely Rehsi before making any decisions.

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