Mark Boehmig Realtor, GRI, CLHMS (941)807-6936 markboehmig@michaelsaunders.com MarkitSoldFL.com
Lakewood Ranch Jan 2023 Published: February 2023* Property Types: All Res. Proptype - All Properties - All Properties - All Property Statuses Price Range: $0 - No Limit SQFT Range: 0 - No Limit Bedrooms: 0 - No Limit Full Baths: 0 - No Limit Half Baths: 0 - No Limit Year Built: 0 - No Limit
January 2023 was a Neutral market! The number of for sale listings was up 756% from one year earlier and up 7.5% from the previous month. The number of sold listings decreased 32.3% year over year and decreased 27.6% month over month. The number of under contract listings was up 78% compared to previous month and down 18.3% compared to previous year. The Months of Inventory based on Closed Sales was 5.1, up 1,165.6% from the previous year. The Average Sold Price per Square Footage was up 2.8% compared to previous month and up 26.6% compared to last year. The Median Sold Price decreased by 14.5% from last month. The Average Sold Price also increased by 2.3% 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 neutral trend, an increase of 109.5% compared to previous year. The ratio of Sold Price vs. Original List Price was 93%, a decrease of 7% compared to previous year.
It was a Neutral Market Property Sales (Sold) January property sales were 42, down 32.3% from 62 in January of 2022 and 27.6% lower than the 58 sales last month. Current Inventory (For Sale) Versus last year, the total number of properties available this month was higher by 189 units of 756%. This year's bigger inventory means that buyers who waited to buy may have bigger selection to choose from. The number of current inventory was up 7.5% compared to the previous month. Property Under Contract (Pended) There was an increase of 78% in the pended properties in January, with 89 properties versus 50 last month. This month's pended property sales were 18.3% lower than at this time last year. All reports are published February 2023, based on data available at the end of January 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.