FL ARCHIVED June 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 $198,250 4% 13% Average List Price of all Current Listings $237,689 0% 15% June Median Sales Price $152,807 3% 8% 4% 18% $138,000 13% 6% June Average Sales Price $165,985 -2% 4% -2% 9% $157,237 7% 4% Total Properties Currently for Sale (Inventory) 564 -4% -11% June Number of Properties Sold 273 7% 5% 1,377 -5% June Average Days on Market (Solds) 50 -15% -11% -14% -22% 58 -16% -9% Asking Price per Square Foot (based on New Listings) $110 2% 1% 6% 11% $108 11% 9% June Sold Price per Square Foot $103 2% 4% 7% 16% $98 14% 10% June Month's Supply of Inventory 2.1 -10% -10% -16% -33% 2.7 -10% -11% June Sale Price vs List Price Ratio 95.6% 1.6% .9% 1.7% 1.9% 94.3% 1% 1% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date Property Sales June Property sales were 273, up 5.0% from 260 in June of 2016 and 6.6% higher than the 256 sales last month. June 2017 sales were at a mid level compared to June of 2016 and 2015. June YTD sales of 1,377 are running 4.8% behind last year's year-todate sales of 1,446. 300 250 200 Number of Properties Sold 3 Mo Avg 150 100 50 Prices The Median Sales Price in June was $152,807, up 4.0% from $147,000 in June of 2016 and up 2.8% from $148,700 last month. The Average Sales Price in June was $165,985, down 1.8% from $169,078 in June of 2016 and down 2.0% from $169,414 last month. June 2017 ASP was at a mid range compared to June of 2016 and 2015. 0 190 170 150 130 110 90 70 50 203 207 211 202 188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 247 238 256 273 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 M J 14 15 16 17 Median Sales Price and Average Sales Price 3 Mo Avg 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 M J 14 15 16 17 Inventory & MSI The Total Inventory of Properties available for sale as of June was 564, down 4.2% from 589 last month and down 11.5% from 637 in June of last year. June 2017 Inventory was at its lowest level compared with June of 2016 and 2015. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2017 MSI of 2.1 months was at its lowest level compared with June of 2016 and 2015. 1,200 1,000 800 600 400 200 0 Total Inventory & Month's Supply of Inventory (MSI) 1,039 994 989 1,019 1,014 1,004 1,013 1,009 961 937 931 896 884 875 849 823 826 797 769 765 735 690 654 637 601 604 614 648 673 636 649 635 631 594 589 564 J A S O N D J F M A M J 14 15 J A S O N D J F M A M J 16 J A S O N D J F M A M J 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 June 2017 New Port Richey Agent Name Market Action Report June 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 $198,250 Market Profile & Trends Overview Median Price all Current Listings Price Range: All List | Properties: SFH of - Con LM Trending versus*: L3M PYM LY 4% 13% $237,689 Trending 0% versus*: 15% Month LM 3% L3M 8% PYM 4% LY $152,807 $198,250 4% -2% 4% 13% -2% $165,985 $237,689 0% 15% 564 -4% -11% $152,807 3% 8% 4% 18% 273 7% 5% $165,985 -2% 4% -2% 9% 50 -15% -11% -14% 564 -4% -11% $110 2% 1% 6% 273 7% 5% $103 2% 4% 7% 50 -15% -11% -14% -22% 2.1 -10% -10% -16% $110 2% 1% 6% 11% $103 95.6% 2% 1.6% 4% .9% 7% 1.7% 16% Average List Price of all Current Listings Market Profile & Trends June Median Sales Price Overview Median List Price of all Current Listings June Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) June Median Sales Price June Number of Properties Sold June Average Sales Price June Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) June Number of Properties Sold June Sold Price per Square Foot June Average Days on Market (Solds) June Month's Inventory Asking Price per Supply Square of Foot (based on New Listings) June Sold Sale Price Price per vs Square List Price June Foot Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2016) / YTD = Year-to-date June Month's Supply of Inventory June 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*: Prior YTD 13% Prior Year 6% 18% YTD $138,000 9% $157,237 7% 4% $138,000 13% 1,377 $157,237 7% 6% -5% 4% -22% 58 -16% 11% 1,377 $108 11% -5% 16% $98 58 -16% 14% -9% -33% $108 2.7 11% -10% 9% 1.9% $98 94.3% 14% 1% 10% -9% 9% 10% -11% 1% 2.1 -10% -10% -16% -33% 2.7 -10% -11% Number of 94.3% Properties 95.6% 1.6% .9% 1.7% 1.9% 1% Sold 1% 300 June Property sales were 273, up 5.0% from 260 in June of 2016 and 6.6% higher than the 256 sales last month. June 2017 sales 250 Property Sales were at a mid level compared to June of 2016 and 2015. June 300 June Property sales were 273, up 5.0% from 260 in June of 2016 YTD sales of 1,377 are running 4.8% behind last year's year-to- and 6.6% higher than the 256 sales last month. June 2017 sales 250 200 date sales of 1,446. were at a mid level compared to June of 2016 and 2015. June YTD sales of 1,377 are running 4.8% behind last year's year-to- date sales of 1,446. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 200 150 Prices 14 The Median Sales Price in June was $152,807, up 4.0% from Prices $147,000 in June of 2016 and up 2.8% from $148,700 last 190 The Median Sales Price Sales in June was in $152,807, up $165,985, 4.0% from down month. 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