The real estate market in Land O’ Lakes, Florida, has shown some interesting trends in September 2024. As a real estate investor, it’s crucial to stay informed about the latest data and market conditions. Here’s a comprehensive overview of the current state of the market, along with some key data points and tables to help you make informed decisions. Market Overview Land O’ Lakes, located in Pasco County, has been experiencing steady growth in home values and sales. The average home value in the area is currently $451,510, which represents a 0.9% increase over the past year. The market has seen a mix of new listings and sales, with a median sale price of $452,667 and a median list price of $497,967. Key Data Points Data Point September 2024 Average Home Value $451,510 1-Year Value Change +0.9% Median Sale Price $452,667 Median List Price $497,967 Percent of Sales Over List Price 18.0% Percent of Sales Under List Price 61.0% Median Days to Pending 26 New Listings 134 For Sale Inventory 434 Market Trends Investment Opportunities With the current market conditions, there are several opportunities for real estate investors in Land O’ Lakes: Conclusion The real estate market in Land O’ Lakes, Florida, presents a mix of challenges and opportunities for investors. Staying informed about the latest trends and data is crucial for making informed decisions. With the current dip in mortgage rates and the shift towards a buyer’s market, now might be a good time to explore investment opportunities in this growing area.
