FL ARCHIVED October 2017 | Page 19

Market Action Report October 2017
Community Information | School District
Market Action Report October 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
$ 189,949
-3%
12 %
Average List Price of all Current Listings
$ 237,693
0 %
16 %
October Median Sales Price
$ 138,950
-7%
-6%
0 %
7 %
$ 142,000
12 %
10 %
October Average Sales Price
$ 164,949
-2%
-4%
7 %
9 %
$ 162,567
8 %
7 %
Total Properties Currently for Sale ( Inventory )
552
-1%
-15%
October Number of Properties Sold
192
-4%
6 %
2,243
-2%
October Average Days on Market ( Solds )
58
4 %
12 %
5 %
-9%
55
-17%
-14%
Asking Price per Square Foot ( based on New Listings )
$ 110
-2%
-3%
10 %
11 %
$ 109
11 %
10 %
October Sold Price per Square Foot
$ 101
-2%
-2%
12 %
14 %
$ 100
14 %
12 %
October Month ' s Supply of Inventory
2.9
2 %
6 %
-20%
-7%
2.8
-8%
-10%
October Sale Price vs List Price Ratio
94.4 %
-. 4 % -. 1 % -1.8%
. 7 %
94.4 %
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 October Property sales were 192 , up 6.1 % from 181 in October of 2016 and 3.5 % lower than the 199 sales last month . October Property Sales
250
2017 sales were at a mid level compared to October of 2016 and 300 October Property sales were 192 , up 6.1 % from 181 in October of 2015 . October YTD sales of 2,243 are running 2.0 % behind last 2016 and 3.5 % lower than the 199 sales last month . October 200 year ' s year-to-date sales of 2,289 .
250
2017 sales were at a mid level compared to October of 2016 and 2015 . October YTD sales of 2,243 are running 2.0 % behind last
200 150 year ' s year-to-date sales of 2,289 .

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 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
0 14 15 16
17 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
Prices 14 15
Median Sales 16 Price and Average Sales 17 Price
3 Mo Avg
The Median Sales Price in October was $ 138,950 , up 0.3 % from
Prices $ 138,500 in October of 2016 and down 6.7 % from $ 149,000 Median Sales Price and Average Sales Price
190
3 Mo Avg
The last Median month Sales . The Price Average in October Sales Price was $ in 138,950 October , up was 0.3 $ % 164,949 from , $ up 138,500 7.4 % in from October $ 153,535 of 2016 in October and down of 6.7 2016 % from and down $ 149,000 1.7 % from 190 170 last $ 167,864 month . last
The month Average
. October Sales Price
2017 in October
ASP was was at the
$ 164,949 highest
, level up 7.4 % from $ 153,535 in October of 2016 and down 1.7 % from 170 150 compared to October of 2016 and 2015 . $ 167,864 last month . October 2017 ASP was at the highest level 150 130 compared to October of 2016 and 2015 .
130 110 110 90
188 232 162 187 242 247
188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 247 238 256 274 238 236 199 192
90 70
70 50
50 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 N D 14J
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 S O
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 Total Inventory & Month ' s Supply of Inventory ( MSI )
The October Total Inventory was 552 , down of Properties 1.4 % from available 560 last for month sale as of and down 1,200 7.0
October was 552 , down 1.4 % from 560 last month and down 1,200 7.0
14.9 % from 649 in October of last year . October 2017 Inventory 1,000 6.0
14.9 was % at from its lowest 649 in level October compared of last year with . October 2017 of 2016 Inventory and 20151,000 .
6.0 was at its lowest level compared with October 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 October 2017 MSI of 2.9
2.0 higher MSI is better for buyers . The October 2017 MSI of 2.9
200 months was at its lowest level compared with October of 2016 200
1.0 months was at its lowest level compared with October of 2016
1.0 and
and 2015
2015 .
. 0
0 0.0
0.0
N D NJ
DF MJ AF M JA JM AJ
SJ OAN SDOJ NF DM JA FM MJ
AJ MA SJ OJ NA DS JO FN MD AJ
MF JMJ AAMS JO J A S O
14 14 15 15
16 16
17 17
236 282
1,014 1,004 1,013 1,009 961 937 931 896 884 875
273
1,014 1,004 1,013 1,009 961 937 931 896 884 250 215 228 190 241 178 204
849 823 826 797 769 765 735 690 654
269
875 849 823 826 797 769 765 735
277 258 260 223 234 205
690 654 637 601 604 614 649 181 188 199 178 185 247 238 256
637 601 604 614 649 674 640 653 640 637 603 606 623 621 583 560 552 274 238
674 640 653 640 637 603 606 623 621 583
236 199
560 552
192
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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