Land O’ Lakes FL Real Estate Market Report – June 2012

By
Real Estate Agent with Prudential Tropical Realty

 

 

land o lakes market report, land o lakes home for sale, land o lakes real estate market

land o lakes median sales prices

In June 2012, 118 homes were sold in Land O’ Lakes with an average sales price of $156,500. This compares with 84 homes sold during the same period last year which translates into a 40% increase in the number of homes closed and a 11% decline in the average sales price (from $175,000 to $156,500).

At the end of the month there were 303 homes for sale in the area; 39% of the available homes sold in the last month. 303/118 = an inventory  of 2.6 months . There has been a 44% decrease in the number of homes available for sale from June 2011 to June 2012 (from 540 to 303)

 

land o lakes average price per square foot

Comments (3)

Fernando Herboso - Broker for Maxus Realty Group
Maxus Realty Group - Broker 301-246-0001 - Gaithersburg, MD
301-246-0001 Serving Maryland, DC and Northern VA

Compelling charts showing the real estate crisis fluctuating down trend and the stabilizing of the market this year. .great report!

Jul 05, 2012 08:50 PM