Is Lutz, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since July 2021
Since last year, Lutz has remained a Seller's Market.
Key Takeaway
Lutz is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Lutz, FL cost?
Median Sold Price
$451,385
$218/sqft
Based on all homes sold in the last 12 months.
Difference Since July 2021
+$86,871(+23.8%)
Key Takeaway
Homes in Lutz have sold for 23.8% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Jul 2021 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | $62K | $98K | +58.1% |
| 2 Bedrooms | $178K | $220K | +23.6% |
| 3 Bedrooms | $297.5K | $380K | +27.7% |
| 4 Bedrooms | $440K | $549.9K | +25.0% |
| 5+ Bedrooms | $585.1K | $743.2K | +27.0% |
Median Sold Price Compared To Nearby Cities
| % | |
|---|---|
| Odessa | +32.4% |
| Land O Lakes | +27.6% |
| Keystone-Citrus Park | +23.9% |
| Lutz | +23.8% |
| Tampa | +17.0% |
How many homes are available in Lutz, FL?
Number of Homes For Sale
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 311 | 325 | +4.5% |
Homes For Sale By Bedroom Count
| # BEDS | Jun 2022 | Jul 2022 | % |
|---|---|---|---|
| 1 Bedroom | 7 | 5 | -28.6%  |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 127 | 130 | +2.4% |
| 4 Bedrooms | 116 | 118 | +1.7% |
| 5+ Bedrooms | 50 | 57 | +14.0% |
Number of Homes Sold
| Jun 2022 | Jul 2022 | % |
|---|---|---|
| 105 | 86 | -18.1% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lutz, you may be able to get a good deal. 43% of homes here sold below asking price last month.
Average Sale Time
| Jul 2021 | Jul 2022 | % |
|---|---|---|
| 13 Days | 12 Days | -8.7% |
Breakdown of Home Sale Times
78 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lutz are selling fast, if you're buying plan to act quickly.
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