FL ARCHIVED April 2017 - Page 19

New Port Richey Community Information | School District Trending versus*: Trending versus*: Market Profile & Trends Overview Month LM L3M PYM LY YTD Prior YTD Prior Year Median List Price of all Current Listings $205,750 6% 21% Average List Price of all Current Listings $250,097 4% 21% April Median Sales Price $136,500 6% 5% 19% 5% $130,000 15% 0% April Average Sales Price $160,408 16% 7% 19% 6% $150,348 7% -1% Total Properties Currently for Sale (Inventory) 546 -12% -21% April Number of Properties Sold 236 -4% -15% 846 -9% April Average Days on Market (Solds) 53 -10% -10% -13% -17% 59 -22% -8% Asking Price per Square Foot (based on New Listings) $108 -2% 0% 10% 8% $108 11% 8% April Sold Price per Square Foot $102 14% 7% 21% 15% $95 14% 7% April Month's Supply of Inventory 2.3 -8% -16% -7% -25% 3.0 -11% -4% April Sale Price vs List Price Ratio 94.9% .7% 1.0% 1.1% 1.2% 94.0% 1% 0% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales April Property sales were 236, down 14.8% from 277 in April of 2016 and 4.5% lower than the 247 sales last month. April 2017 sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 846 are running 8.8% behind last year's year-to-date sales of 928. 300 250 200 Number of Properties Sold 3 Mo Avg 150 100 50 Prices The Median Sales Price in April was $136,500, up 18.7% from $115,000 in April of 2016 and up 5.8% from $129,000 last month. The Average Sales Price in April was $160,408, up 18.6% from $135,230 in April of 2016 and up 15.7% from $138,608 last month. April 2017 ASP was at the highest level compared to April of 2016 and 2015. 0 190 170 150 130 110 90 70 50 205 233 203 207 211 202 188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 247 236 M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of April was 546, down 11.7% from 618 last month and down 20.8% from 689 in April of last year. April 2017 Inventory was at its lowest level compared with April of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The April 2017 MSI of 2.3 months was at its lowest level compared with April of 2016 and 2015. 1,200 1,000 800 600 400 200 0 Total Inventory & Month's Supply of Inventory (MSI) 1,101 1,075 1,039 994 989 1,019 1,014 1,004 1,013 1,008 960 936 930 895 883 874 848 822 825 796 768 764 734 689 653 636 600 603 613 647 669 630 642 629 618 546 M J 14 J A S O N D J F M A M J 15 J A S O N D J F M A M J 16 J A S O N D J F M A 17 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 c o l d w e l l b a n k e r h o m e s.c o m | 19 Market Action Report City: New Port Richey April 2017 New Port Richey Agent Name Market Action Report April 2017 Title Phone Agent Name Website Title Other Community Information | School District City: New Port Richey Price Range: All | Properties: SFH - Con Phone Website Month Other $205,750 Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 6% 21% $250,097 Trending 4% versus*: 21% Month LM 6% L3M 5% PYM 19% LY $136,500 $205,750 6% 16% 7% 21% 19% $160,408 $250,097 4% 21% 546 -12% -21% $136,500 6% 5% 19% 5% 236 -4% -15% $160,408 16% 7% 19% 6% 53 -10% -10% -13% 546 -12% -21% $108 -2% -15% 0% 10% 236 -4% $102 14% 7% 21% 53 -10% -10% -13% -17% 2.3 -8% -16% $108 -2% 0% 10% -7% 8% $102 94.9% 14% .7% 7% 1.0% 21% 1.1% 15% Average List Price of all Current Listings Market Profile & Trends April Median Sales Price Overview Median List Price of all Current Listings April Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) April Median Sales Price April Number of Properties Sold April Average Sales Price April Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) April Number of Properties Sold April Sold Price per Square Foot April Average Days on Market (Solds) April Month's Inventory Asking Price per Supply Square of Foot (based on New Listings) April Sold Sale Price Price per vs Square List Price April Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date April Month's Supply of Inventory April Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales Trending versus*: YTD Prior YTD 15% Prior Year $130,000 5% 6% $150,348 $130,000 $150,348 0% -1% 7% 15% 0% 846 -9% 7% -1% -17% 59 -22% 8% $108 11% 846 -9% 15% $95 59 -22% 14% -8% -25% $108 3.0 11% -11% 8% 1.2% $95 94.0% 14% 1% 7% -8% 8% 7% -4% 0% 2.3 -8% -16% -7% -25% 3.0 -11% -4% Number of 94.0% Properties 94.9% .7% 1.0% 1.1% 1.2% 1% Sold 0% 300 April Property sales were 236, down 14.8% from 277 in April of 2016 and 4.5% lower than the 247 sales last month. April 2017 250 Property sales were Sales at their lowest level compared to April of 2016 and 300 April Property sales were 236, down 14.8% from 277 in April of 2015. April YTD sales of 846 are running 8.8% behind last 200 2016 and 4.5% lower than the 247 sales last month. April 2017 250 year's year-to-date sales of 928. sales were at their lowest level compared to April of 2016 and 2015. April YTD sales of 846 are running 8.8% behind last year's year-to-date sales of 928. 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