Lutz Real Estate Market Report 33558- Feb 2014

Lutz Real Estate Market Update:

Lutz Real Estate Market Report 16 homes were sold in Lutz (33558 Zip code) with a median price of $249,330 inFebruary 2014.

24 homes sold during the same period last year which resulted in increase in the number of homes sold and closed. It also had 14% increase in the median price(from $218,750 to $249,330) .

The number of closed home sales went down from 24 to 16 since last month yet resulted in higher median price from $212,700 to $249,330.

At the end of the month there were 98 homes for sale in this area of Lutz which included 42 new home listings.

New home listings went upward in comparison with same period last year (from 41 to 42) and since last month from 33 to 42.

Since 41 homes went under contract, it resulted in 2.4 months of  inventory only.

Number of homes that went under contract in Lutz 33558 were down from 55 in February 2013 to 41 homes in February 2014 yet up from 29 to 41 since last month.

The average days on the market currently in this Lutz part was around 55 days.

Most of the homes that sold were purchased with FHA, Cash 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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