Lutz Real Estate Market Report 33559- Dec 2013

Lutz Real Estate Market Report25 homes were sold in Lutz (33559 Zip code) with a median price of $159,000 in December 2013.

16 homes sold during the same period last year which resulted in 56.3% increase in the unit volume and 42.6% increase in the median price (from $111,500 to $159,000). Closed sales unit was also up from last month as well as the median price comparatively.

At the end of the month there were 73 homes for sale in this area of Lutz which included 16 new home listings. New home listings were down in comparison with same period last year  and from last month. Since 21  homes went under contract, it resulted in 3.4 months of  inventory only.

Number of homes that went under contract were up from 14 in December 2012 to 21 homes in December 2013. They were down from last month though.

The average days on the market currently in this area was around 68 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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