116 homes were sold in Lutz with a median price of $287,500 in May 2017. This compares with 89 homes sold during the same period last year which translates into a 30% increase in the number of homes closed and a 13% increase in the median price (from $255,000 to $287,500).
At the end of the month there were 330 homes for sale in the area; 35% of the available homes sold in the last month. 330/116 equals an inventory of 2.84 months.
Lutz master planned communities include Avendale, Calusa Trace, Cambridge Cove, Cheval, Crenshaw Lakes, Crystal Cove, Crystal Lakes Manors, Deer Park, Eagles Crest, Fern Glen, Heritage Harbor, Howell Park Estates, Indian Lakes, Kensington Estates, Ladera, Lakeshore Estates, Oak Grove, Orange Blossom Creek, Reflections, Sanctuary, Stonebrier, VillaRosa, Wellington Manor, Willow Bend and Wyndgate.
If you are looking to buy or sell a home in Lutz, talk to a real estate professional that is capable of helping you navigate the options at your disposal. Joe and Rose LoCicero of Team 54 Realty are Lutz Realtors and can help you purchase or sell a home in Lutz, contact them today at (813) 435-5411.