Market Action Report March 2018
Community Information
Agent Name| School District City : New Port Richey
Market Action Report March 2018
City : New Port Richey
New Port Agent Name Richey Market Action Report March 2018
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 209,900 1 % 11 % Average List Price of all Current Listings $ 250,944 Trending 1 % versus *: 8 %
Trending versus *: March Median Sales Price $ 151,000 14 % 4 % 18 % 5 % $ 145,000 13 % 1 %
$ 209,900 March Average Sales Price $ 175,883 4 % 5 % 27 % 8 % $ 169,854 16 % 4 %
$ 250,944 Total Properties Currently for Sale ( Inventory ) 595 -1% -7%
$ 151,000
$ 145,000 March Number of Properties Sold 231 19 % -7% 606 -1%
$ 175,883
$ 169,854 March Average Days on Market ( Solds ) 58 -5% 5 % -2% 5 % 57 -7% 4 % 595 Asking Price per Square Foot ( based on New Listings ) $ 118 -2% 0 % 8 % 7 % $ 119 11 % 8 % 231
606
March Sold Price per Square Foot 58 $ 109 4 % 3 % 21 % 8 %
57
$ 106 15 % 5 % March Month ' s Supply of Inventory $ 118 2.6 -17% -13% 0 % -9% $ 119 3.0 -9% 5 % March Sale Price vs List Price Ratio $ 10994.6 % 1.0 % . 2 % . 5 % . 2 % $ 106 94.1 % 1 % -0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
2.6 3.0
94.6 % Number of 94.1 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 March Property sales were 231 , down 6.9 % from 248 in March
Number of Properties Sold of 2017 and 19.1 % higher than the 194 sales last month . March Property Sales
250
2018 sales were at their lowest level compared to March of 2017 300 March Property sales were 231 , down 6.9 % from 248 in March and 2016 . March YTD sales of 606 are running 0.8 % behind of 2017 and 19.1 % higher than the 194 sales last month . March 200 last year ' s year-to-date sales of 611 .
250
2018 sales were at their lowest level compared to March of 2017 and 2016 . March YTD sales of 606 are running 0.8 % behind
200 150 last year ' s year-to-date sales of 611 .
150 100
3 Mo Avg
3 Mo Avg
100
50
247 236 283 274 250 215
50 |
0 |
|
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 |
0 |
15 |
16 |
17 |
18 |
|
Prices
The Median Sales Price in March was $ 151,000 , up 18.0 % from
Prices
$ 128,000 in March of 2017 and up 14.0 % from $ 132,500 last
The month Median . The Sales Average Price Sales in March Price was in $ March 151,000 was , up $ 18.0 175,883 % from , up
$
27.2 128,000 % from in March $ 138,279 of 2017 in March and up of 14.0 2017 % from and up $ 132,500 4.0 % from last
190 month
$ 169,126
. The last Average month Sales . March
Price 2018 in March
ASP was was $ at 175,883 the highest , up level
27.2 % from $ 138,279 in March of 2017 and up 4.0 % from
170 compared to March of 2017 and 2016 .
$ 169,126 last month . March 2018 ASP was at the highest level
150
|
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 M
16
Median Sales Price and 17Average Sales Price
18
Median Sales Price and Average Sales Price
3 Mo Avg
|
3 Mo Avg |
compared to March of 2017 and 2016 . |
130 |
110 |
|
110 |
90 |
|
90 |
70 |
|
70 |
50 |
50 |
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 M15J |
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 M |
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 March
The was Total 595 , Inventory down 0.7 of % Properties from 599 last available month for and sale down as of 6.6 March % from
1,000 was 595 , down 0.7 % from 599 last month and down 6.6 % from
1,000
637 in March of last year . March 2018 Inventory was at its
637 lowest in March level of compared last year . with March March 2018 of Inventory 2017 and was 2016 at . its
800
800 lowest level compared with March 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
|
247 236 283 274 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 248 238 256 274 238 236 199 192 192 218 181 194 231
938 932 896 884 875 849 824 827 228 190 241
938 932 896 884 875 849 824 827 798 178 204 269
798 770 766 736 691 655 638 277 258 260
223 234 205 181 188 199 178 185
770 766 736 691 655 638 602 605 614 650 675 643 656 640 637 248 238 256 274 238
602 605 614 650 675 643 656 640 637 601 606 624 623 590 572 591 615 591 236 199 192
578 599 595 192 218
601 606 624 623 590 572 591 615 591 578
400 A comparatively lower MSI is more beneficial for sellers while a 400
2.0
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The March 2018 MSI of 2.6 higher MSI is better for buyers . The March 2018 MSI of 2.6
200 200
1.0 months was at a mid level compared with March of 2017 and months was at a mid level compared with March of 2017 and 2016
2016 .
. 0
0 0.0
A M AJ
MJ AJ SJ OA NS DO JN FDMJ
AFMM J AJ MA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ NAD S J OF NM D J F M
15 15
16 16
17 17
18 18
181 194
599 595
231
2.0 1.0 0.0
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