Lutz Real Estate Market Report 33558- July 2016

Lutz Real Estate Market Update:

Lutz Real Estate Market Report 52 homes were sold in Lutz (33558 Zip code) with a median price of $319,500 in July 2016.

46 homes were sold during the same period last year which resulted in 13% increase in the number of homes sold and closed. This change resulted in 19.6% increase in the median price from $267,250 to $319,500.

The number of closed home sales also went down from 59 to 52 homes since last month and resulted in 1.4% decrease in the  median price from $315,000 to $319,500.

At the end of the month there were 136 homes for sale in this area of Lutz which included 60 new home listings.

New home listings went upward in comparison with same period last year from 57 to 60 homes and since last month from 55 to 60 homes.

Since 56 homes went under contract, it resulted in only 2.4 months of  inventory  of available homes for sale.

Number of homes that went under contract in Lutz 33558 were up from 47 in July 2015 to 56 homes in July 2016 but down since last month from 67 to 56 homes.

Currently the average days for a home in this part of Lutz market  is around 59 days, which is more than last month’s but less than last year’s average days on the market.

Most of the Lutz real estate that sold was purchased with Cash, 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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The communities in this zip 33558 and part of Lutz includes Calusa Trace, Cambridge Cove, Cheval, Fern Glen, Fountains at Paradise lakes, Heritage Harbor, Heritage Harbor Village, Lake Fern Villas, Lakeshore, Lakeview at Calusa Trace, Linda Lake Groves, Meadowbrook Estates, Orange Blossom Creek, Paradise Lakes, Reflections, Shady Lake Shores, Sierra Pines, Stonebrier, Sunlake Park, Terraces at Paradise Lakes, VillaRosa, Wisper Run and more. A number of homes in these communities feature swimming pools, conservation or pond views, large walk-in closets, upgraded kitchens and baths  and more.

View all the homes in Lutz, 33558, Florida

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