Land O Lakes Real Estate Market Report 34639- Mar 2014

Land O Lakes Real Estate Market ReportLand O’ Lakes Real Estate Update:

35 homes were sold in Land O’ Lakes (34639 Zip code) with a median price of $199,000 in March 2014.

47 homes sold during the same period last year which made 25.5% decrease in number of homes sold and closed. This also resulted in 13.7% increase in the median price (from $175,000 to $199,000).

The number of homes closed were down from 42 to 35 yet median price was up from the previous month.

At the end of the month there were 157 homes for sale in this area which included 68 new home listings.

New home listings were up from 45 to 68 in contrast with same period last year. They were also up since last month from 51 to 68.

Since 57 homes went under contract, it resulted in 2.8 months of inventory in this part of  land o lakes.

There was downward change in the number of homes that went under contract in contrast of  March 2013 to March 2014. It had no change since last month.

The average days on the market currently is around 82 days.

Most of the homes that sold were purchased with  cash, conventional and FHA 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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