Land O’ Lakes Real Estate Market Report 34638- Feb 2014

Land O' Lakes Real Estate Market ReportLand O Lakes Real Estate Update:

38 homes were sold in Land O’ Lakes (34638 Zip code) with a median price of $214,995 in February 2014.

47 homes sold during the same period last year. This resulted in 19.1% decrease in unit volume yet  33.4% increase in the median price (from $161,139 to $214,995).

The number of homes sold were up from previous month in this year and had 22.5% increase in the median price.

At the end of the month there were 178 homes for sale in this part of land o lakes which included 58 new home listings.

New home listings were also down slightly from 64 to 58 in contrast with same period last year.

Since 58 homes went under contract, it resulted in 3.7  months inventory.

There was downward change in the number of homes that went under contract in contrast of February 2013 to February 2014.

The average days on the market currently is around 109 days.

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

View all the homes in  Land O Lakes, FL

Land O’ Lakes Communities include AlsaceAsbel CreekAsbel EstatesBahia AcresBallantrae, Bell Harbor, Branch Ranch, Caliente Nudist Resort, Chelsea Meadows, Concord StationConnerton, Devonwood, Dupree Lakes, Enclave, Glendale VillasGrand OaksThe GrovesHuntington Ridge TownhomesIvermar Estates, Lago Del Ray, Lake PadgettLake TaliaLake Thomas EstatesLake Thomas PointeLakeshore RanchLandings at Bell LakeThe OaksOaksteadOasisPasco Sunset LakesPine GlenPlantation PalmsSable RidgeStagecoachStonegateSwann Lake, Terra Bella, Tierra Del- Sol, Twin Lakes, Valencia GardensWilderness Lake Preserve

If you are looking to buy or sell a home in Land O’ Lakes, FL or have any questions regarding Land O Lakes real estate call Lovely Rehsi before making any decisions.

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