FL ARCHIVED August 2017 | Page 19

Market Action Report August 2017
Community Information | School District
Market Action Report August 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
$ 210,000
5 %
14 %
Average List Price of all Current Listings
$ 246,727
5 %
15 %
August Median Sales Price
$ 151,813
2 %
1 %
19 %
17 %
$ 140,000
12 %
8 %
August Average Sales Price
$ 176,260
2 %
3 %
14 %
16 %
$ 161,758
9 %
7 %
Total Properties Currently for Sale ( Inventory )
532 -13%
-12%
August Number of Properties Sold
236
-1%
1 %
1,852
-3%
August Average Days on Market ( Solds )
53
26 %
4 %
-15% -17%
55
-19%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 112
-7%
0 %
14 %
13 %
$ 110
13 %
11 %
August Sold Price per Square Foot
$ 107
3 %
2 %
17 %
20 %
$ 100
15 %
12 %
August Month ' s Supply of Inventory
2.3 -12% -4% -13% -27%
2.7
-8%
-12%
August Sale Price vs List Price Ratio
94.6 %
. 4 %
-. 1 % -. 3 %
. 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
300 August Property sales were 236 , up 0.9 % from 234 in August of 2016 and 0.8 % lower than the 238 sales last month . August Property Sales
250
2017 sales were at a mid level compared to August of 2016 and 300 August Property sales were 236 , up 0.9 % from 234 in August of 2015 . August YTD sales of 1,852 are running 2.7 % behind last 2016 and 0.8 % lower than the 238 sales last month . August 200 year ' s year-to-date sales of 1,903 .
250
2017 sales were at a mid level compared to August of 2016 and 2015 . August YTD sales of 1,852 are running 2.7 % behind last
200 150 year ' s year-to-date sales of 1,903 .

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 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 J A
0 14 15 16
17 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 J A
Prices 14 15 Median Sales 16 Price and Average Sales 17Price
3 Mo Avg
The Median Sales Price in August was $ 151,813 , up 19.1 % from
Prices $ 127,500 in August of 2016 and up 2.3 % from $ 148,450 last Median Sales Price and Average Sales Price
190
3 Mo Avg
The month Median . The Sales Average Price Sales in August Price was in August $ 151,813 was , up $ 19.1 176,260 % from , up $ 14.1 127,500 % from in August $ 154,415 of 2016 in August and up of 2.3 2016 % from and $ up 148,450 1.8 % from last 190 170 month $ 173,088
. The last Average month Sales
. August Price in
2017 August
ASP was was $ at 176,260 the highest , up level 14.1 % from $ 154,415 in August of 2016 and up 1.8 % from 170 150 compared to August of 2016 and 2015 . $ 173,088 last month . August 2017 ASP was at the highest level 150 130 compared to August of 2016 and 2015 .
130 110 110 90
211 202 188 232 162 187
211 202 188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 247 238 256 274 238 236
90 70
70
50
50
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
J
A
S
O
14 N 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
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 August
Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 532 , Inventory down 12.5 of % Properties from 608 available last month for and sale down as of August 11.9 % from
1,200 was 532 , down 12.5 % from 608 last month and down 11.9 % from
1,200
7.0
604 in August of last year . August 2017 Inventory was at its
1,000
604 lowest in August level compared of last year with . August August 2017 of Inventory 2016 and was 2015 at . its
1,000
6.0 lowest level compared with August of 2016 and 2015 .
800
5.0
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 August 2017 MSI of 2.3
2.0 higher MSI is better for buyers . The August 2017 MSI of 2.3
200 months was at its lowest level compared with August of 2016
200 months was at its lowest level compared with August of 2016
1.0 and and 2015
2015 .
.
0
0
0.0
S
O
NS OD NJ
FD MJ
AF
M JA JM AJ
S JOAN SD OJ
NF DM JA
MF MJ
AJ
MA SJ
OJ NA DS JO FNM DAJMF
JMJ AA M J
J A
14
14
15
15
16
16
17
17
7.0
6.0
5.0
4.0
3.0
2.0
1.0
0.0
242 247 236
989 1,019 1,014 1,004 1,013 1,009 961 937 931
282
989 1,019 1,014 1,004 1,013 1,009 961 937 931 896 884 875 849 273 250 215 228 190 241 178 204
896 884 875 849 823 826 797 769 765
823 826 797 769 765 735 690 654
269 277 258 260 223
735 690 654 637 601 604 234 205 181 188 199 178 185 247
637 601 604 614 648 673 638 651 638 635 600 602 614 608
532 238 256
614 648 673 638 651 638 635 600 602 614
274 238
608 532
236
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 Asso 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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