FL ARCHIVED June 2017 | Page 19

Market Action Report June 2017
Community Information | School District
Market Action Report June 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
$ 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
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 Property Sales
250 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-todate sales of 1,446 .
250
and 6.6 % higher than the 256 sales last month . June 2017 sales 200 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
200 150 .

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 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
0 14 15
16
17 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
Prices 14
15 Median Sales Price 16 and Average Sales Price 17
3 Mo Avg 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 Median Sales Price and Average Sales Price
190
3 Mo Avg
The month Median . The Sales Average Price Sales in June Price was in $ 152,807 June was , up $ 4.0 165,985 % from , down $ 1.8 147,000 % from in $ June 169,078 of 2016 in June and up of 2.8 2016 % from and down $ 148,700 2.0 % last from 190 170 month $ 169,414
. The last Average month Sales . June
Price 2017 in June
ASP was was $ at 165,985 a mid , range
down 1.8 % from $ 169,078 in June of 2016 and down 2.0 % from 170 150 compared to June of 2016 and 2015 . $ 169,414 last month . June 2017 ASP was at a mid range 150 130 compared to June of 2016 and 2015 .
130 110 110 90
203 207 211 202 188 232
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
90 70
70 50
50 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 J A 14 S O N D J F M15
A M J J A S O N D J F M16 A M J J A S O N D J F M A17M J
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 June Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 564 , Inventory down 4.2 of % Properties from 589 last available month for and sale down as of 11.5 June % from 1,200 7.0 was 564 , down 4.2 % from 589 last month and down 11.5 % from 1,200 7.0
637 in June of last year . June 2017 Inventory was at its lowest 1,000 6.0
637 level in compared June of last with year June . June of 2017 2016 Inventory and 2015 was . at its lowest 1,000 6.0 level compared with June of 2016 and 2015 .
5.0 800
5.0 800
4.0 600
4.0 600
3.0
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
2.0 higher MSI is better for buyers . The June 2017 MSI of 2.1
2.0 higher MSI is better for buyers . The June 2017 MSI of 2.1
200 months was at its lowest level compared with June of 2016 and 200
1.0 months was at its lowest level compared with June of 2016 and
1.0
2015
2015 .
. 0
0 0.0
0.0
J A SJ OA NS DO JN FD MJ
AF MJA JMA JS JO AN SD OJ NF DM AJ
MF MJ
AJ AM SJ OJ NA DS JOFNM DA JM FJ
M A M J
14 14 15 15
16 16
17 17
162 187 242
1,039 994 989 1,019 1,014 1,004 1,013 1,009 961
247
1,039 994 989 1,019 1,014 1,004 1,013 1,009 961 937 931 896
236 282 273 250 215 228 190 241
937 931 896 884 875 849 823 826 797
884 875 849 823 826 797 769 765 735
178 204 269 277 258
769 765 735 690 654 637
260
690 654 637 601 604 614 648 223 234 205 181 188 199 178
673 636 649 635 631 594 589 564 185 247
601 604 614 648 673 636 649 635 631 594
238 256
589 564
273
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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