How's the Real Estate Market??

Lutz, FL

Single-Family Homes

Astrid Hartleb | 239-558-1130 | https://affinityswfl.com



Lutz, FL

Mon Jan 17 2022
This week the median list price for Lutz, FL is $565,245 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 38. Click here to stay informed with the Lutz market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Lutz, FL

Mon Jan 17 2022
This week the median list price for Lutz, FL is $565,245 with the market action index hovering around 75. This is less than last month's market action index of 76. Inventory has decreased to 38. Click here to stay informed with the Lutz market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Lutz market.
Median List Price $565,245
Median Price of New Listings $552,250
Per Square Foot $251
Average Days on Market 55
Median Days on Market 39
Price Decreased 26%
Price Increased 5%
Relisted 5%
Inventory 38
Median Rent $2,275
Market Action 75
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,999,999 5,015 5 - 10 acres 5 5 15 3 0 49
$904,990 3,155 0.5 - 1 acre 4 3 17 3 4 84
$488,450 2,007 0.25 - 0.5 acre 3 2 31 4 4 10
$374,950 1,795 8,000 - 10,000 sqft 3 2 45 4 4 35