• By hello
  • October 7, 2017

January 2016 Land O’ Lakes Real Estate Statistics

January 2016 Land O’ Lakes Real Estate Statistics

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The Land O’ Lakes Real Estate Market Report for January 2016

According to the new data released by the Greater Tampa Association of REALTORS®, the Land O’ Lakes, Florida Real Estate Market is showing signs that 2016 is going to be even more aggressive than 2015.

 

Market Notes:

This is the first time in several months that we have seen more homes come on the market than sold. Hopefully, this is an indicator of a much-needed boost to our housing inventory.

Let’s take a look at the January 2016 real estate market numbers for Land O’ Lakes:

 

January 2016 Land O’ Lakes Real Estate Statistics

Status: Active (120)
Beds Baths SqFt Heated List Price LP/SqFt Close Price ADOM
Min 1 1 750 $44,500 $39.44
Max 6 5 4,846 $599,900 $195.37
Avg 4 3 2,253 $253,037 $112.38
Median 4 2 2,125 $237,450 $112.58
Status: Active with Contract (39)
Beds Baths SqFt Heated List Price LP/SqFt Close Price ADOM
Min 2 1 916 $69,900 $35.43
Max 6 4 3,902 $469,900 $192.03
Avg 4 3 2,189 $223,924 $104.29
Median 3 2 1,990 $208,900 $104.78
Status: Pending (100)
Beds Baths SqFt Heated List Price LP/SqFt Close Price ADOM
Min 1 1 962 $29,900 $24.04
Max 6 4 3,954 $595,000 $156.13
Avg 4 3 2,122 $227,841 $107.77
Median 4 2 1,966 $217,995 $111.83
Status: Sold (83)
Beds Baths SqFt Heated List Price LP/SqFt Close Price ADOM
Min 1 1 750 $55,700 $55.70
Max 6 5 5,055 $839,000 $210.78 463
Avg 3 3 2,185 $240,983 $109.16 119
Median 3 2 2,076 $208,820 $109.27 92
Status: All (342)
Beds Baths SqFt Heated List Price LP/SqFt Close Price ADOM
Min 1 1 750 $29,900 $24.04
Max 6 5 5,055 $839,000 $210.78 463
Avg 4 3 2,191 $239,425 $109.33 119
Median 3 2 2,063 $219,900 $110.73 92

 

The Land O’ Lakes Real Estate Market is Strong

January is usually the slowest month for real estate sales in Land O’ Lakes, but it was still 25% busier than this time last year. We are finally starting to see an increase in new listings by 34% over last year. This is very good news for homebuyers who have been struggling to find the right house because there have been so few homes on the market. Our hope is that this is an indicator of a more balanced market as we move into 2016.

These numbers cover all of the neighborhoods in the Land O’ Lakes, FL zip codes of 34637, 34638 and 34639.

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Want to learn more? Contact a Relevé Real Estate Associate now. (813) 618-7653 or hello@releverealestate.com. Relevé Real Estate is a locally owned and operated real estate and property management company in the Tampa Bay area. Elevate your Expectations.

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hello

Want to learn more? Contact a Relevé Real Estate Associate now. (813) 618-7653 or hello@releverealestate.com. Relevé Real Estate is a locally owned and operated real estate and property management company in the Tampa Bay area. Elevate your Expectations.

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