Lutz Real Estate Market Report 33549- Feb 2014

Lutz Real Estate Market ReportLutz Real Estate Market Update:

17 homes were sold in Lutz (33549 Zip code) with a median price of $150,000 in February 2014.

10 homes sold during the same period last year which resulted in 70% increase in the number of homes sold and closed. It also had yet 12.2% decrease in the median price (from $170,750 to $150,000).

The number of homes closed (from 19 to 17) and the median price (from $174,500 to $150,000) was down from last month in this part of Lutz 33549.

At the end of the month there were 96 homes for sale in this area of Lutz which included 34 new home listings.

New home listings were up from 22 to 34 in comparison with same period last year yet down from 38 to 34 in last month.

Since 22  homes went under contract, it resulted in 4.4 months of  inventory only.

Number of homes that went under contract were down from 26 in February 2013 to 22 homes in February 2014. They were also down from last month.

The average days on the market currently in this area was around 62 days.

Most of the homes that sold were purchased with VA, 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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