Mark Boehmig Realtor, GRI, CLHMS (941)807-6936 markboehmig@michaelsaunders.com MarkitSoldFL.com
LAKEWOOD RANCH COUNTRY CLUB Published: November 2023* Property Types: All Res. Proptype - 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
October 2023 was a Neutral market! The number of for sale listings was down 37.5% from one year earlier and up 25% from the previous month. The number of sold listings decreased 55.6% year over year and increased 14.3% month over month. The number of under contract listings was down 44.4% compared to previous month and down 44.4% compared to previous year. The Months of Inventory based on Closed Sales was 3.1, up 40.5% from the previous year. The Average Sold Price per Square Footage was up 9% compared to previous month and up 19.8% compared to last year. The Median Sold Price increased by 59.9% from last month. The Average Sold Price also increased by 23.7% from last month. Based on the 6 month trend, the Average Sold Price trend was "Neutral" and the Median Sold Price trend was "Appreciating". The Average Days on Market showed a neutral trend, an increase of 119% compared to previous year. The ratio of Sold Price vs. Original List Price was 96%, a decrease of 1% compared to previous year.
It was a Neutral Market Property Sales (Sold) October property sales were 8, down 55.6% from 18 in October of 2022 and 14.3% higher than the 7 sales last month. Current Inventory (For Sale) Versus last year, the total number of properties available this month was lower by 15 units of 37.5%. This year's smaller inventory means that buyers who waited to buy may have smaller selection to choose from. The number of current inventory was up 25% compared to the previous month. Property Under Contract (Pended) There was a decrease of 44.4% in the pended properties in October, with 5 properties versus 9 last month. This month's pended property sales were 44.4% lower than at this time last year. All reports are published November 2023, based on data available at the end of October 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.