Lutz Real Estate Market Report 33558- Oct 2013

Lutz FL Real Estate Market Report31 homes were sold in Lutz (33558 Zip code) with a median price of $289,900 in October 2013.

17 homes sold during the same period last year which resulted in 82.4% increase in the unit volume and 16% increase in the median price (from $250,000 to $289,900). Closed sales unit was also up from last month but the median price took a small dip comparatively.

At the end of the month there were 120 homes for sale in this area of Lutz which included 45 new home listings. New home listings were up in comparison with same period last year as well as from last month. Since 35  homes went under contract, it resulted in 3.4 months of  inventory only.

Number of homes that went under contract were down from 42 in October 2012 to 35 homes in October 2013. They were also down from last month.

The average days on the market currently in this area was around 48 days.

Most of the homes that sold were 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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