Lutz Real Estate Market Report 33548- Oct 2013

Lutz Real Estate Market5 homes were sold in Lutz (33548 Zip code) with a median price of $536,435 in October 2013.

6 homes sold during the same period last year which resulted in 16.7% decrease in the unit volume yet 94.1% increase in the median price (from $276,300 to $536,435) . The closed sales unit volume went down also since last month yet resulted in higher median price as well.

At the end of the month there were 38 homes for sale in this area of Lutz which included 11 new home listings. New home listings went downward in comparison with same period last year.

Since 7 homes went under contract, it resulted in 5.4 months of  inventory only. Number of homes that went under contract were also down from 13 in October 2012 to 7 homes in October 2013.

The average days on the market currently in this part of Lutz was around 56 days. Most of the homes that sold were purchased with FHA and conventional financing.

View all the homes for sale in Lutz, FL

 

If you are looking to buy or sell a home in Lutz or have any questions regarding lutz real estate call Lovely Rehsi before making any decisions.

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