Your Customized Market Report

Land O Lakes, FL 34638

Single-Family Homes

Barbara S Jordan CRS, GRI, SFR ~ Coldwell Banker Residential Real Estate ~ 14502 N Dale Mabry Hwy #100



Land O Lakes, FL 34638

Mon Jun 17 2019
This week the median list price for Land O Lakes, FL 34638 is $359,990 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 131. Click here to stay informed with the Land O Lakes market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Land O Lakes, FL 34638

Mon Jun 17 2019
This week the median list price for Land O Lakes, FL 34638 is $359,990 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 131. Click here to stay informed with the Land O Lakes market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Land O Lakes market.
Median List Price $359,990
Per Square Foot $130
Days on Market 84
Price Decreased 52%
Price Increased 8%
Relisted 2%
Inventory 131
Median House Rent $1,750
Most Expensive $2,095,900
Least Expensive $169,900
Market Action Index
Slight Seller's Advantage
42

We continue to see prices in this zip code hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$535,147 3,354 0.25 - 0.5 acre 4 3 4 3 2 106
$386,900 3,115 8,000 - 10,000 sqft 5 3 5 2 2 57
$324,000 2,529 6,500 - 8,000 sqft 4 2 7 4 9 98
$259,900 2,161 4,500 - 6,500 sqft 4 2 13 4 7 77