Odessa Real Estate Market Report 33556- Feb 2014

Odessa Real Estate Market Florida 33556Odessa Real Estate Update:

28 homes were sold in  Odessa (33556 Zip Code) with a median price of $300,000  in February 2014.

32 homes sold during the same period last year which resulted in 12.5% decrease  in the number of homes sold and closed. It had 16.3% increase in the median price from $258,000 to $300,000.

The number of closed home sales went down 20% since last month but resulted in higher median price from $275,500 to $300,000.

At the end of the month there were 153 homes available for sale in this area of  Odessa which included 49 new home listings.

New home listings were down from 56 to 49  in contrast with same period last year but up since last month from 47 to 49 homes.

Since 35 homes went under contract, it resulted in 4.4 months of  inventory only.

Number of homes that went under contract were also down from 51 in February 2013 to 35 in February 2014. They were also down since last month.

The average days for a home that was on the market currently in this area was around 83 days which was lower than the last month but higher than the last year’s average.

Most of the homes that sold were purchased with cash and conventional financing.

View all the homes for sale in Odessa, FL

If you are looking to buy or sell a home in Odessa or have any questions regarding odessa real estate call Lovely Rehsi before making any decisions.

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The communities in this zip 33556 and Odessa includes Ashley lakes, Grey Hawk at Lake Polo, Ivy Lake Estates, Keystone Park Colony, Parker Pointe, Wyndham Lakes 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 much more.

View all the homes for sale in Odessa, 33556, Florida

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