Market Update in Lakewood Ranch, Fl. 34202

Posted by donna soda on Wednesday, May 31st, 2017 at 12:45pm.

Real Estate Trends in Lakewood Ranch, FL  34202, Manatee County

During the months of March, April and May, 2017 the difference between the original median list price and the median sales price of homes in Lakewood Ranch, FL zip code 34204 has increased.  The results were calculated from approximately 270 listings and reported by the MLS.  Meanwhile the List Price has increased over the past month (April to May 2017) by approximately 34%.

Month                List Price                    Sales Price                 Differential

Mar 2017           $512,500                    $502,285               - 2.01%

Apr 2017            $459,900                    $404,950                   -12.51%

May 2017           $650,000                    $490,000                   -28.07%

 

There are currently 348 Active Listings of Single Family Homes in Lakewood Ranch, FL 34202 ranging in price from $235,000 to $4,000,000 reported by the MLS, and 89 properties are under contract. 

Statistics are invaluable when determining the list price for your home and expectations for a sale.  As Realtors we have access to the most up to date information necessary to sell your home for the highest and best price possible during any given time period as the real estate market fluctuates. A Realtor’s evaluation, along with current data, is the true indicator of what a buyer is willing to pay for your home. Sellers should not rely upon hearsay or third party internet websites to provide you with the same accuracy.  Sellers can be robbed of thousands of dollars if a seller prices their home too high. On the flip side may leave money on the table by pricing their home too low. The best time to grab the attention of a buyer is within the first two weeks of listing your home.  The right list price in a competitive market may even bring multiple offers and an above list sales price.

Posted by

Jim and Donna Soda

www.thesodagroup.com

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