Mark Boehmig REALTOR, GRI, CLHM (941)807-6936 markboehmig@michaelsaunders.com MarkitSoldFL.com
Lakewood Ranch Published: July 2023* Property Types: Single Family Home - All Property Statuses Price Range: $1,000,000 SQFT Range: 0 - No Limit $1,999,999 Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit
June 2023 was a Seller's market! The number of for sale listings was the same as one year earlier and up 25.9% from the previous month. The number of sold listings decreased 35.3% year over year and increased 37.5% month over month. The number of under contract listings was down 50% compared to previous month and down 28.6% compared to previous year. The Months of Inventory based on Closed Sales was 1.5, up 50% from the previous year. The Average Sold Price per Square Footage was up 7.5% compared to previous month and up 5.4% compared to last year. The Median Sold Price increased by 5.7% from last month. The Average Sold Price also increased by 12.6% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Neutral". The Average Days on Market showed a upward trend, an increase of 435.7% compared to previous year. The ratio of Sold Price vs. Original List Price was 94%, a decrease of 2.1% compared to previous year.
It was a Seller's Market Property Sales (Sold) June property sales were 22, down 35.3% from 34 in June of 2022 and 37.5% higher than the 16 sales last month. Current Inventory (For Sale) Versus last year, the total number of properties available this month was the same 34 units. This year's same inventory means that buyers who waited to buy may have the same selection to choose from. The number of current inventory was up 25.9% compared to the previous month. Property Under Contract (Pended) There was a decrease of 50% in the pended properties in June, with 10 properties versus 20 last month. This month's pended property sales were 28.6% lower than at this time last year. All reports are published July 2023, based on data available at the end of June 2023, except for the today’s stats. All reports presented are based on data supplied by the My Florida Regional MLS DBA Stellar MLS. The My Florida Regional MLS DBA Stellar MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the My Florida Regional MLS DBA Stellar MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.