Market Action Report December 2017
Community Information | School District
Market Action Report December 2017
City : New Port Richey
Price Range : All | Properties : SFH - Con
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 |
$ 209,900 |
5 % |
|
23 % |
|
|
|
|
Average List Price of all Current Listings |
$ 250,102 |
1 % |
|
15 % |
|
|
|
|
December Median Sales Price |
$ 145,000 |
-1% |
0 % |
-6% |
12 % |
$ 144,000 |
11 % |
11 % |
December Average Sales Price |
$ 158,669 |
-7% |
-4% |
0 % |
5 % |
$ 162,776 |
7 % |
7 % |
Total Properties Currently for Sale ( Inventory ) |
560 |
-6% |
|
-13% |
|
|
|
|
December Number of Properties Sold |
218 |
14 % |
|
10 % |
|
2,654 |
-1% |
|
December Average Days on Market ( Solds ) |
48 -20% -13% |
-6% |
-25% |
55 |
-14% |
-14% |
Asking Price per Square Foot ( based on New Listings ) |
$ 114 |
-5% |
0 % |
8 % |
15 % |
$ 110 |
11 % |
11 % |
December Sold Price per Square Foot |
$ 105 |
0 % |
1 % |
11 % |
18 % |
$ 101 |
13 % |
13 % |
December Month ' s Supply of Inventory |
2.6 -17% -12% -20% -17% |
2.8 |
-9% |
-9% |
December Sale Price vs List Price Ratio |
95.3 % |
. 8 % |
. 5 % |
1.9 % 1.6 % |
94.5 % |
1 % |
1 % |
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300 December Property sales were 218 , up 9.5 % from 199 in December of 2016 and 13.5 % higher than the 192 sales last Property Sales
250 month . December 2017 sales were at a mid level compared to 300 December Property sales were 218 , up 9.5 % from 199 in December of 2016 and 2015 . December YTD sales of 2,654 are December of 2016 and 13.5 % higher than the 192 sales last
200 running 0.8 % behind last year ' s year-to-date sales of 2,676 . 250 month . December 2017 sales were at a mid level compared to December of 2016 and 2015 . December YTD sales of 2,654 are
200
150 running 0.8 % behind last year ' s year-to-date sales of 2,676 .
New Port Agent Name Richey Title Phone Website Other
Community Information | School District
150 100
Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100
50
50 0 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 M J J A S O N D
0 15 16
17 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 M J J A S O N D
Prices 15
Median 16 Sales Price and Average 17 Sales Price
3 Mo Avg
The Median Sales Price in December was $ 145,000 , down 6.5 %
Prices from $ 155,000 in December of 2016 and down 1.0 % from Median Sales Price and Average Sales Price
190
3 Mo Avg
The $ 146,450 Median last Sales month Price . in The December Average was Sales $ 145,000 Price in , down December 6.5 % was from $ 158,669 $ 155,000 , up in 0.2 December % from $ of 158,375 2016 and in December down 1.0 % of from 2016 and 190 170 $ down 146,450
6.8 last % from month $ . 170,326 The Average last month Sales Price
. December in December
2017 ASP was was $ 158,669 , up 0.2 % from $ 158,375 in December of 2016 and
170 150 at the highest level compared to December of 2016 and 2015 . down 6.8 % from $ 170,326 last month . December 2017 ASP was 150 130 at the highest level compared to December of 2016 and 2015 .
130 110 110 90 70 50
162 187 242 247 236
162 187 242 247 236 283 274 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 248 238 256 274 238 236 199 192 192 218
90 70 50
J
J |
F
15 M A M J
|
J |
A S O N D |
J |
F M16A M J |
J |
A S O N D |
J |
F M
17 A M J
|
J |
A S O N D |
15 |
|
|
|
16 |
|
|
|
17 |
|
|
|
Inventory & MSI |
Total Inventory & Month ' s Supply of Inventory ( MSI ) |
|
Inventory
The Total Inventory & MSI of Properties available for sale as of
Total Inventory & Month ' s Supply of Inventory ( MSI )
The
December Total Inventory was 560 of , down Properties 6.0 % available from 596 for last sale month as of and down
1,200
December was 560 , down 6.0 % from 596 last month and down
1,200
7.0
12.8 % from 642 in December of last year . December 2017
1,000
12.8
Inventory % from 642 was in at December its lowest of level last compared year . December with December 2017 of
1,000
6.0
Inventory
2016 and was 2015 at . its lowest level compared with December of
800
5.0
2016 and 2015 .
800
600
4.0
600
3.0
A comparatively lower MSI is more beneficial for sellers while a
400
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The December 2017 MSI of 2.6
2.0 higher MSI is better for buyers . The December 2017 MSI of 2.6
200 months was at its lowest level compared with December of
2016200
1.0 months was at its lowest level compared with December of 2016 and 2015 .
0 and 2015 .
0
0.0
J
F M
J
A
F M
J
A M
J A
J
S
J O
A
N
S D
O J
N
F
D M
J A
F M
M J
A
J
M A
J S O
J
N
A
D
S O J
F
N
M
D
A
J M
F
J
M
J
A
A
M S
J O
J N
A D
S O N D
15
15
16
16
17
17
|
283
1,014 1,010 962 938 932 896 884 875 274 250 215 228 190 241 178
F M A M J J A S O N D J
1,014 1,010 962 938 932 896 884 875 849 823 826 797 769
204
849 823 826 797 769 765 735 690 654 269 277 258 260 223 234 205 181 188 199 178
F M A M J J A S O N D J
765 735 690 654 637 601 604 613 649 674 642
185
655 640 637 248 238 256 274 238
637 601 604 613 649 674 642 655 640 637 601 605 623 622 588 568 583 596 560 236 199 192 192 218
F M A M J J A S O N D
601 605 623 622 588 568 583 596 560
7.0 6.0 5.0 4.0
3.0 2.0 1.0 0.0
Copyright © Coldwell Banker Residential Real Estate / Coldwell Banker United , Realtors | Price Range : All | Property Types : SFH - Con Data is provided courtesy of Greater Fort Lauderdale REALTORS , REALTOR Association of Martin County , Miami Association of REALTORS , My Florida Regional MLS , Naples Area Board of REALTORS , REALTORS Association of the Palm Beaches , Space Coast Assoc does not warrant or guarantee the accuracy of this information . It is the responsibility of any buyer or seller to verify any and all information relevant to such consumer ’ s real estate transaction .
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