Community Information
Agent Name| School District City : New Port Richey
Market Action Report February 2018 Market Action Report February 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 214,975 8 % 16 % Average List Price of all Current Listings $ 255,283 Trending 4 % versus 11 *: %
Trending versus *: February Median Sales Price $ 132,500 -9% -7% 3 % -8% $ 140,000 9 % -3%
$ 214,975 February Average Sales Price $ 169,126 4 % 2 % 7 % 4 % $ 166,200 10 % 2 %
$ 255,283 Total Properties Currently for Sale ( Inventory ) 574 0 % -10%
$ 132,500
$ 140,000 February Number of Properties Sold 194 7 % 5 % 375 3 %
$ 169,126
$ 166,200 February Average Days on Market ( Solds ) 61 17 % 11 % 2 % 11 % 56 -11% 2 % 574 Asking Price per Square Foot ( based on New Listings ) $ 122 3 % 3 % 10 % 10 % $ 120 12 % 8 % 194
375
February Sold Price per Square Foot 61 $ 105 2 % 1 % 11 % 4 %
56
$ 104 12 % 3 % February Month ' s Supply of Inventory $ 122 3.0 -7% 1 % -15% 5 % $ 120 3.1 -14% 9 % February Sale Price vs List Price Ratio $ 10593.7 % -. 4 % -. 7 % 1.3 % -. 8 % $ 104 93.9 % 1 % -1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
3.0 3.1
93.7 % Number of 93.9 Properties % Sold
* LM
Property
= Last Month / L3M
Sales
= Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
300 February Property sales were 194 , up 4.9 % from 185 in February
Number of Properties Sold of 2017 and 7.2 % higher than the 181 sales last month . February Property Sales
250
2018 sales were at a mid level compared to February of 2017 and 300 February Property sales were 194 , up 4.9 % from 185 in February 2016 . February YTD sales of 375 are running 3.3 % ahead of last of 2017 and 7.2 % higher than the 181 sales last month . February 200 year ' s year-to-date sales of 363 .
250
2018 sales were at a mid level compared to February of 2017 and 2016 . February YTD sales of 375 are running 3.3 % ahead of last
200 150 year ' s year-to-date sales of 363 .
Market Action Report February 2018 Market Action Report February 2018
150 100
3 Mo Avg
3 Mo Avg
100
50
242 247 236 283 274 250
50 |
0 |
|
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 |
J |
F |
0 |
15 |
16 |
17 |
18 |
|
Prices
The Median Sales Price in February was $ 132,500 , up 3.1 % from
Prices
$ 128,500 in February of 2017 and down 8.6 % from $ 145,000
The last Median month Sales . The Price Average in February Sales Price was in $ 132,500 February , up was 3.1 % $ 169,126 from ,
$ up 128,500 7.3 % in from February $ 157,583 of 2017 in February and down of 8.6 2017 % from and up $ 145,000 3.7 % from
190 last
$ 163,063 month . last The month Average
. February
Sales Price 2018 in February
ASP was was at the
$ 169,126 highest
, up 7.3 % from $ 157,583 in February of 2017 and up 3.7 % from
170 level compared to February of 2017 and 2016 .
$ 163,063 last month . February 2018 ASP was at the highest
150
|
M
A M J
15
190
170
150
130
|
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
Median
16 Sales Price and Average
17 Sales Price
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
level compared to February of 2017 and 2016 . |
130 |
110 |
|
110 |
90 |
|
90 |
70 |
|
70 |
50 |
50 |
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 |
J |
F |
|
M
A
15 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 |
J |
F |
18 |
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
The
February Total Inventory was 574 , of up Properties 0.2 % from available 573 last for month sale as and of down
February
10.5 % from was 641 574 , in up February 0.2 % from of 573 last last year month . February and down 2018
10.5
Inventory % from 641 was in at February its lowest of level last year compared . February with 2018 February of
Inventory
2017 and was 2016 at . its lowest level compared with February of
2017 and 2016 .
1,200
1,200
1,000
1,000
800
800
600
600
Total Inventory & Month ' s Supply of Inventory ( MSI )
5.0
4.0
3.0
A comparatively lower MSI is more beneficial for sellers while a
A comparatively lower MSI is more beneficial for sellers while a
400 higher MSI is better for buyers . The February 2018 MSI of 3.0 higher MSI is better for buyers . The February 2018 MSI of 3.0 months was at its lowest level compared with February of 2017
200 months was at its lowest level compared with February of 2017 and and 2016
2016 .
.
0
400
2.0
200
1.0
0
0.0
M
A
M AJ
MJ AJ
SJ OA NS DO JN FDM JA FM MJ
AJ MA JS JO AN DS OJ
NF MD AJ
MF JM JA AM SJ
OJNAD SJ
OF N D J
F
15
15
16
16
17
17
18
18
|
5.0
4.0
3.0
2.0
1.0
0.0
|
215
242 247 236 283 274 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 248 238 256 274 238 236 199 192 192 218 181 194
962 938 932 896 884 875 849 824 827 228 190
962 938 932 896 884 875 849 824 827 241 178 204 269
798 770 766 736 691 655 638 277 258
260
798 770 766 736 691 655 638
223 234 205 181 188 199 178
602 605 614 650 675 643 656 641
602 605 614 650 675 643 656 641 638 602 606 624 622 589 571 589 613 589 573 574
185 248 238 256 274 238 236 199 192 192
638 602 606 624 622 589 571 589 613 589
218 181
573 574
194
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