Lakewood Ranch is a master planned community spread over both Manatee as well as Sarasota Counties in Florida. It is a massive community having an area of 31000 acres and home to dozens of neighborhoods and condominium communities. Lakewood Ranch is as famous for its beautiful landscaping as it is for well-designed homes. It is today considered one of the most desirable places to live in Florida.
Lakewood Ranch homes for sale showed an increase in sales in the first quarter of 2019. As compared to the first quarter of 2018, 7% more sales were recorded this year. In total, 417 homes were sold in the first three months which means nearly 5 homes sold per day in the first quarter of 2019.
As far as buyers are concerned, nearly 50% were from Florida while the rest of the buyers were from other parts of the country. Among Florida buyers, nearly half belonged to the local community. Lakewood Ranch is a big attraction for families as it is not only near Tampa but also far more affordable with median home values being much less what they are in Tampa and Miami.
It is not just a strategic location or affordability that attracts families to Lakewood Ranch. They are enticed by the presence of good quality shops, restaurants, schools, hospitals, and features entertainment and recreation. Lakewood Ranch is a master planned community with all amenities and a positive family atmosphere. Parents know their kids have plenty of activities when they are out for work. These are the reasons why Lakewood Ranch homes for sale are in such high demand among buyers.
Sales of homes in Lakewood Ranch have increased in most of the neighborhoods in 2019. However, special mention must be made of villages like Savanna and Mallory Park where sales of homes have increased significantly. Woodleaf Hammock, which is a relatively new community, and a village called The Isles have registered an impressive increase in the numbers of sales. Waterside, which is a village in Sarasota County, clocked 16 sales in the month of March, reflecting the interest of the buyers. Communities for seniors such as Esplanade and Lakewood National have also registered high numbers of sales in the same period.
If you are interested in Lakewood Ranch homes for sale, you need to contact a local and experienced realtor who can find you your dream home inside your budget.
