FL ARCHIVED September 2017 | Page 19

Market Action Report September 2017
Community Information | School District
Market Action Report September 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 %
17 %
Average List Price of all Current Listings
$ 245,047
2 %
19 %
September Median Sales Price
$ 149,950
-1%
0 %
10 %
16 %
$ 144,000
15 %
11 %
September Average Sales Price
$ 169,209
-4%
-1%
5 %
11 %
$ 162,464
8 %
7 %
Total Properties Currently for Sale ( Inventory )
533
-7%
-13%
September Number of Properties Sold
196 -17%
-4%
2,048
-3%
September Average Days on Market ( Solds )
56
6 %
12 % -10% -13%
55
-18%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 114
3 %
1 %
16 %
15 %
$ 110
12 %
11 %
September Sold Price per Square Foot
$ 104
-2%
0 %
12 %
17 %
$ 100
14 %
12 %
September Month ' s Supply of Inventory
2.7
12 %
6 %
-9%
-12%
2.7
-8%
-11%
September Sale Price vs List Price Ratio
94.9 %
. 3 %
. 1 %
-. 9 %
1.2 %
94.4 %
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 September Property sales were 196 , down 4.4 % from 205 in September of 2016 and 16.9 % lower than the 236 sales last Property Sales
250 month . September 2017 sales were at their lowest level 300 September Property sales were 196 , down 4.4 % from 205 in compared to September of 2016 and 2015 . September YTD September of 2016 and 16.9 % lower than the 236 sales last
200 sales of 2,048 are running 2.8 % behind last year ' s year-to-date 250 month . September 2017 sales were at their lowest level sales of 2,108 . compared to September of 2016 and 2015 . September YTD
200
150 sales of 2,048 are running 2.8 % behind last year ' s year-to-date sales of 2,108 .
150 100

New Port Agent Name Richey Title Phone Website Other

Community Information | School District

Number of Properties Sold
Number of Properties Sold
3 Mo Avg
3 Mo Avg
100 50
50
0
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
J
A S
0
14
15
16
17
Prices
The Median Sales Price in September was $ 149,950 , up 10.3 %
Prices from $ 136,000 in September of 2016 and down 1.2 % from
The
$ 151,813 Median last Sales month Price . in The September Average Sales was $ 149,950 Price in , September up 10.3 % was from
$ 169,209 $ 136,000 , up in 5.3 September % from $ 160,740 of 2016 in and September down 1.2 % of from 2016 and
190
$ down
151,813 4.0 last
% month from $
. 176,235 The Average last month Sales Price
. September in September
2017 was ASP
$ 169,209 , up 5.3 % from $ 160,740 in September of 2016 and
170 was at the highest level compared to September of 2016 and down 4.0 % from $ 176,235 last month . September 2017 ASP
2015 .
150 was at the highest level compared to September of 2016 and
130
2015 .
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
J
A S
14
15
Median Sales
16 Price and Average Sales
17 Price
Median Sales Price and Average Sales Price
190
3 Mo Avg
170
150
130
110
3 Mo Avg
110
90
90 70 50
202 188 232 162 187
202 188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 247 238 256 274 238 236 196
70
O
N
14 D
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 A17M J
J
A S
14
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
September Total Inventory was 533 of , down Properties 6.8 % available from 572 for last sale month as of and down
1,200
September was 533 , down 6.8 % from 572 last month and down
1,200
7.0
13.2 % from 614 in September of last year . September 2017
1,000
13.2
Inventory % from 614 was in at September its lowest level of last compared year . September with September 2017 of
1,000
6.0
Inventory
2016 and was 2015 at . its lowest level compared with September 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 September 2017 MSI of 2.7
2.0 higher MSI is better for buyers . The September 2017 MSI of 2.7
200 months was at its lowest level compared with September of
2016200
1.0 months was at its lowest level compared with September of 2016 and 2015 .
0 and 2015 .
0
0.0
O
N
O D
N J
D
F M
J
A
F M
J
A
J
M 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 S
J
O
J
N
A
D
S
J
O
F
N M
D A
J M
F J
M
J
A A
M S
J
J
A S
14
14
15
15
16
16
17
17
242 247 236 282
1,019 1,014 1,004 1,013 1,009 961 937 931 896 884 875
273 250 215 228 190 241 178 204
849 823 826 797 769 765 735 690 654
269
50
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 J A S
1,019 1,014 1,004 1,013 1,009 961 937 931 896 884 875 849 823 826 797 769 765 735
277
690
654 258 260
637
601 223 234
604
614 205 181 188
648 673 638 199 178
651
638 185 247
635 601
238
637 601 604 614 648 673 638 651 638 635 601 603 619 616 572 533
256
603 619
274 238
616 572
236
533 196
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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