Land O Lakes Real Estate Market Report 34637- Mar 2014

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

20 homes were sold in Land O’ Lakes (34637Zip code) with a median price of $211,500 in March 2014.

18 homes were sold during the same period last year. It resulted in 11.1% increase in the number of homes sold and closed. This also resulted in increase of 15.9% in the median price (from $182,500 t0 $211,500).

The number of homes sold and closed were also up by 42.9% (from 14 to 20) and also had the upward price movement by 22.6% (from $172,500 to $211,500) from the previous month of this year.

At the end of the month there were 77 homes for sale in this area which included 19 new home listings.

New home listings were up from 17 to 19 in contrast with same period last year but down since last month. Since 28 homes went under contract, it resulted in 2.75 months inventory.

There was also upward change in the number of homes that went under contract in contrast of March 2013 to March 2014. They were also up since last month from 20 to 28 homes.

The average days on the market currently is around 82 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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