FL ARCHIVED May 2017 | Page 19

Market Action Report May 2017
Community Information | School District
Market Action Report May 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
$ 194,900
-3%
18 %
Average List Price of all Current Listings
$ 242,893
0 %
18 %
May Median Sales Price
$ 148,700
9 %
9 %
14 %
15 %
$ 135,000
16 %
4 %
May Average Sales Price
$ 169,414
5 %
8 %
15 %
12 %
$ 155,101
9 %
2 %
Total Properties Currently for Sale ( Inventory )
552
-5%
-16%
May Number of Properties Sold
256
8 %
-1%
1,103
-7%
May Average Days on Market ( Solds )
59
5 %
2 %
2 %
-8%
60
-17%
-6%
Asking Price per Square Foot ( based on New Listings )
$ 108
0 %
-1%
16 %
9 %
$ 108
13 %
9 %
May Sold Price per Square Foot
$ 101
-1%
4 %
15 %
14 %
$ 96
14 %
8 %
May Month ' s Supply of Inventory
2.2 -12% -9% -15% -30%
2.8
-10%
-8%
May Sale Price vs List Price Ratio
94.1 %
-. 8 %
. 1 %
. 5 %
. 3 %
94.0 %
1 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300 May Property sales were 256 , down 0.8 % from 258 in May of 2016 and 8.0 % higher than the 237 sales last month . May 2017 Property Sales
250 sales were at a mid level compared to May of 2016 and 2015 . 300 May Property sales were 256 , down 0.8 % from 258 in May of May YTD sales of 1,103 are running 7.0 % behind last year ' s yearto-date sales of 1,186 .
250
2016 and 8.0 % higher than the 237 sales last month . May 2017 200 sales were at a mid level compared to May of 2016 and 2015 . May YTD sales of 1,103 are running 7.0 % behind last year ' s yearto-date sales of 1,186
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 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
0 14 15
16
17 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
Prices 14
15 Median Sales Price 16 and Average Sales Price17
3 Mo Avg The Median Sales Price in May was $ 148,700 , up 14.4 % from
Prices $ 130,000 in May of 2016 and up 8.5 % from $ 137,000 last Median Sales Price and Average Sales Price
190
3 Mo Avg
The month Median . The Sales Average Price Sales in May Price was $ in 148,700 May was , up $ 14.4 169,414 % from , up 14.5 % $ from 130,000 $ 147,920 in May in of May 2016 of and 2016 up and 8.5 % up from 4.6 $ % 137,000 from $ 161,967 last last 190 170 month month
. . The May
Average 2017 ASP
Sales was Price at in the
May highest was $ level 169,414 compared
, up 14.5 to %
May from $ 147,920 in May of 2016 and up 4.6 % from $ 161,967 last 170 150 of 2016 and 2015 . month . May 2017 ASP was at the highest level compared to May 150 130 of 2016 and 2015 .
130 110 110 90
233 203 207 211 202 188
233 203 207 211 202 188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 247 237 256
90 70
70 50
50 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 J 14 A 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
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 May Total Inventory & Month ' s Supply of Inventory ( MSI )
The was Total 552 , Inventory down 5.0 of % Properties from 581 last available month for and sale down as of 15.6 May % from 1,200 7.0 was 552 , down 5.0 % from 581 last month and down 15.6 % from 1,200 7.0
654 in May of last year . May 2017 Inventory was at its lowest 1,000 6.0
654 level in compared May of last with year . May May of 2017 2016 Inventory and 2015 was . at its lowest 1,000 6.0 level compared with May 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 May 2017 MSI of 2.2
2.0 higher MSI is better for buyers . The May 2017 MSI of 2.2
200 months was at its lowest level compared with May of 2016 and 200
1.0 months was at its lowest level compared with May of 2016 and
1.0
2015
2015 .
. 0
0 0.0
0.0
J J AJ SJ OA NS DO JN FD MJ
AF MJ AJMA JS JO AN SD OJ
NF MD AJ
MF MJ JA AM SJ
OJ NA DS JOFNM DA JM F M A M
14 14 15 15
16 16
17 17
232 162 187
1,075 1,039 994 989 1,019 1,014 1,004 1,013 1,009
242
1,075 1,039 994 989 1,019 1,014 1,004 1,013 1,009 961 937 931
247 236 282 273 250 215 228 190
896 884 875 849 823 826 797 769 765
241
961 937 931 896 884 875 849 823 826 797
178 204 269 277
769 765 735 690 654
258
735 690 654 637 601 604 614 260 223 234 205 181 188 199
648 673 635 647 634 626 581 552 178 185
637 601 604 614 648 673 635 647 634 626
247 237
581 552
256
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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