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Lakewood Ranch Market Update Nov 2022

Page 1

Facts and TrendsTM - Published November 2022* Location: Property Types: Price Range: Full Baths:

Zip 34202, Zip 34211 All Res. Proptype - All Properties - All Properties - All Property Statuses $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit

Prepared for you by: Mark Boehmig

Number of Homes For Sale vs. Sold vs. Pended (Aug. 2021 - Oct. 2022)

Curnt vs. Prev Month Oct. 22

Sep. 22

For Sale

552

535

Sold

170

Pended

144

Curnt vs. Same Month 1 Yr Ago % Change

Curnt vs. Same Qtr 1 Yr Ago Aug. 22 to Oct. 22

Aug. 21 to Oct. 21

356.2%

552

121

356.2%

195

-12.8%

485

581

-16.5%

163

-11.7%

418

473

-11.6%

Oct. 22

Oct. 21

3.2%

552

121

130

30.8%

170

112

28.6%

144

% Change

% Change

TODAY’S STATS Current vs. Prev MTD 11/1/22 - 11/8/22 10/1/22 - 10/8/22

Current vs. Same MTD 1 Yr Ago % Change

11/1/22 - 11/8/22 11/1/21 - 11/8/21

% Change

Current vs. Prev YTD 1/1/22 - 11/8/22

1/1/21 - 11/8/21

% Change

For Sale

546

538

1.5%

546

84

550%

546

84

550%

Sold

29

47

-38.3%

29

33

-12.1%

1730

2182

-20.7%

Pended

26

29

-10.3%

26

53

-50.9%

1534

1955

-21.5%

October 2022 is a Neutral market** Home For Sale in October 2022 is 552 units. It is up 3.2% compared to last month and up 356.2% compared to last year. Home Closed in October 2022 is 170 units. It is up 30.8% compared to last month and down 12.8% compared to last year. Home Placed under Contract in October 2022 is 144 units. It is up 28.6% compared to last month and down 11.7% compared to last year. **Buyer's market: more than 6 months of inventory based on closed sales. Seller's market: less than 3 months of inventory based on closed sales. Neutral market: 3 - 6 months of inventory based on closed sales.


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