FL ARCHIVED April 2018 | Page 36

Community Information
Agent Name| School District City : New Port Richey
Market Action Report April 2018 Market Action Report April 2018

City : New Port Richey New Port Agent Name Richey

Title
Phone

Community Information

Agent Name| School District City : New Port Richey

Website
Title
Price Range : All | Properties : SFH - Con
Other
Phone Trending versus *: Trending versus *: Market Profile & Trends Overview Website Month LM L3M PYM LY YTD Prior YTD Prior Year
Price Median Range : All List | Properties Price : SFH of - Con all Current Listings $ Other 204,500 2 % 11 % Average List Price of all Current Listings $ 253,293 Trending 4 % versus 13 *: %
Trending versus *: April Median Sales Price $ 145,500 -4% 0 % 7 % 1 % $ 145,000 12 % 1 %
$ 204,500 April Average Sales Price $ 172,869 -2% 1 % 7 % 6 % $ 170,680 13 % 5 %
$ 253,293 Total Properties Currently for Sale ( Inventory ) 565 -10% -10%
$ 145,500
$ 145,000 April Number of Properties Sold 230 -1% -3% 838 -1%
$ 172,869
$ 170,680 April Average Days on Market ( Solds ) 48 -16% -11% -14% -13% 54 -10% -2% 565 Asking Price per Square Foot ( based on New Listings ) $ 119 3 % 2 % 17 % 11 % $ 117 11 % 9 % 230
838
April Sold Price per Square Foot April Average Days on Market ( Solds ) 48
$ 110
-16% 1 -11 %
% -14 3 %
% -13 8 %
% 9 %
54 $ 107
-10% 13 % -2%
6 %
Asking April Month
Price per ' s Supply
Square of Foot
Inventory ( based on New Listings ) $ 119 2.5 3 % -92 % -11 17 % -7 11 % -16% $ 117 2.9 11 % -8% 9 % -1%
April April Sold Sale Price Price per vs Square List Price Foot Ratio $ 11095.01 %
. 43 % . 78 % . 19 % . 6 % $ 107 94.4 13 % 0 % 6 % -0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
April Month ' s Supply of Inventory 2.5 -9% -11% -7% -16% 2.9 -8% -1% April Sale Price vs List Price Ratio 95.0 % . 4 % . 7 % . 1 % Number . 6 % of 94.4 Properties % 0 % Sold -0%
* LM
Property
= Last Month / L3M
Sales
= Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
300 April Property sales were 230 , down 3.4 % from 238 in April of
Number of Properties Sold
2017 and 1.3 % lower than the 233 sales last month . April 2018 Property sales were
Sales 250 at their lowest level compared to April of 2017 and 300 April Property sales were 230 , down 3.4 % from 238 in April of 2016 . April YTD sales of 838 are running 1.3 % behind last 2017 and 1.3 % lower than the 233 sales last month . April 2018 200 year ' s year-to-date sales of 849 .
250
Market Action Report April 2018 Market Action Report April 2018
sales were at their lowest level compared to April of 2017 and 2016 . April YTD sales of 838 are running 1.3 % behind last year ' s year-to-date sales of 849 .
200 150
150 100
3 Mo Avg
3 Mo Avg
100 50
50
0
0
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
15
16
17
18
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
16
Median Sales Price and
17 Average Sales Price
18
3 Mo Avg
Median Sales Price and Average Sales Price
236 283 274 251 216 229 192 242 179 205 270 277 259 260 223 234 205 180 188 199 178 185 248 238 256 273 238 236 199 192 192 218 181 194 233 230
M
15
236 283 274 251 216 229
Prices
The Median Sales Price in April was $ 145,500 , up 6.6 % from
Prices
$ 136,500 in April of 2017 and down 3.6 % from $ 151,000 last
The month Median . The Sales Average Price Sales in April Price was in $ 145,500 April was , up $ 6.6 172,869 % from , up
6.8200 %
$ from 136,500 $ 161,854 in April in of April 2017 of and 2017 down and 3.6 down % from 1.7 % $ 151,000 from $ 175,824 last month . The Average Sales Price in April was $ 172,869 , up 6.8 %
190 last month . April 2018 ASP was at the highest level compared from $ 161,854 in April of 2017 and down 1.7 % from $ 175,824
180 to
April of 2017 and 2016 . last month . April 2018 ASP was at the highest level compared to
170
April of 2017 and 2016 .
160
150
200
190
180
170
160
150
140
3 Mo Avg
140
130
130
120
120
110
110
100
100
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
M
J
15J
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
J
F M
A18
15
16
17
18
Inventory & MSI
Total Inventory & Month ' s Supply of Inventory ( MSI )
Inventory
The Total Inventory & MSI of Properties available for sale as of April
The was Total 565 , Inventory down 9.9 of % Properties from 627 last available month for and sale down as of 10.0 April % from
1,000 was 565 , down 9.9 % from 627 last month and down 10.0 % from
1,000
628 in April of last year . April 2018 Inventory was at its lowest
628 level in compared April of last with year April . April of 2018 2017 Inventory and 2016 was . at its lowest
800
800 level compared with April of 2017 and 2016 .
600
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
4.0
3.0
5.0
4.0
3.0
400
A comparatively lower MSI is more beneficial for sellers while a 400 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The April 2018 MSI of 2.5 higher MSI is better for buyers . The April 2018 MSI of 2.5
200
200 months was at its lowest level compared with April of 2017 and months was at its lowest level compared with April of 2017 and 2016
2016 .
.
0
943 906 895 887 861 835 838 809 192 242
943 906 895 887 861 835 838 809 179 205 270
779 774 744 698 661 644 277 259
779 774 744 698 661 260 223
234 205
608 611 620 658 685 653 668 655 659 628 629 646 636 609 595 605 631 609 588 609 627
565
0 0.0
M J MJ AJ SJ OA NS DO JN FD MJ
AFMM J AJMA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ NA DS J OF NM DA J F M A
15 15
16 16
17 17
18 18
180 188 199 178 185
644 608 611 620 658 685 653 668 655 659 248 238 256 273
628 629 646 636 238 236 199 192 192 218 181
2.0
1.0
194 233
609 595 605 631 609 588 609 627
565
230
2.0 1.0 0.0
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