Below details real estate statistics over the past four years for Lakewood Ranch comparing new construction sales with existing home sales.
What catches my eye is the gradual decline in existing home sales in Lakewood Ranch since 2021, and the increase of new construction single family homes. This is likely a result of builder's supply chain improving and buyers frustrated with a lack of existing homes for sale.
The percentage of cash sales increased steadily over this period, to 47%. This could be a result of buyers liquidating stocks in a rising stock market, an influx of buyers from expensive markets in California, or buyers cashing out to take advantage of increased values in traditional feeder markets in the north east.
Contact me to make the most of selling your Lakewood Ranch home in a shifting real estate market: 941-993-6853.