Lutz Real Estate Market Report 33559- July 2016

LUTZ REAL ESTATE MARKET UPDATE:

Lutz Real Estate Market Report22 homes were sold in Lutz (33559 Zip code) with a median price of $196,000 in July 2016.

16 homes were sold during the same period last year which resulted in 37.5% increase in the number of homes sold and closed. This change also resulted in 47.9% increase in the median price from $132,500 to $196,000.

The number of closed home sales went up since last month from 25 to 32 homes and resulted in higher median price from $173,000 to $183,000.

At the end of the month there were 47 homes available for sale in this part of Lutz which included 23 new home listings.

New home listings went down in comparison with same period last year from 31 to 23 homes and downward since last month from 27 to 23 homes.

Since 19 homes went under contract, it resulted in only 2.5 months of  inventory of available homes for sale.

Number of homes that went under contract in Lutz 33559 went down from 27 in July 2015 to 19 homes in July 2016 and down from 46 to 19 homes since last month.

Currently, the average days on the market in this part of Lutz  is around 66 days which is more than the last year’s and the last month’s average days on market.

Most of the Lutz real estate 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.

The communities in this zip and part of Lutz includes Alvarez Acres, Avendale, Bordeaux Estates, Carpenters RunCordoba Ranch, Deer Park Preserve, Fiddlers Cove, Grand Hampton, Highland Oaks Preserve, Indian Lakes, Lake Forest, Livingston Acres, Oak Grove, Oak Hollow, Quail Hollow, Ranch Lake Estates, Rau Acres, Sutton Estates, Sanctuary on Livingston, Tampa Downs, Turtle Lakes, Woodridge, Willow Lake, Zieglar Brothers Estates 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.

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View all the homes for sale in Lutz, 33559 FL

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