FL ARCHIVED January 2018 | Page 19

Market Action Report January 2018
Community Information | School District
Market Action Report January 2018

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
$ 200,000
0 %
13 %
Average List Price of all Current Listings
$ 247,586
1 %
12 %
January Median Sales Price
$ 145,000
0 %
0 %
14 %
1 %
$ 145,000
14 %
1 %
January Average Sales Price
$ 163,063
3 %
-1%
12 %
0 %
$ 163,063
12 %
0 %
Total Properties Currently for Sale ( Inventory )
562
-4%
-14%
January Number of Properties Sold
181 -17%
2 %
181
2 %
January Average Days on Market ( Solds )
52
8 %
-4% -20%
-5%
52
-20%
-5%
Asking Price per Square Foot ( based on New Listings )
$ 119
5 %
3 %
16 %
7 %
$ 119
16 %
7 %
January Sold Price per Square Foot
$ 103
-2%
-1%
12 %
2 %
$ 103
12 %
2 %
January Month ' s Supply of Inventory
3.1
16 %
4 %
-16%
10 %
3.1
-16%
10 %
January Sale Price vs List Price Ratio
94.1 % -1.3% -. 5 %
. 3 %
-. 3 %
94.1 %
0 %
-0%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2017 ) / YTD = Year-to-date
Property Sales
300 January Property sales were 181 , up 1.7 % from 178 in January of 2017 and 17.0 % lower than the 218 sales last month . January Property Sales
250
2018 sales were at their highest level compared to January of 300 January Property sales were 181 , up 1.7 % from 178 in January of 2017 and 2016 . January YTD sales of 181 are running 1.7 % 2017 and 17.0 % lower than the 218 sales last month . January 200 ahead of last year ' s year-to-date sales of 178 .
250
2018 sales were at their highest level compared to January of 2017 and 2016 . January YTD sales of 181 are running 1.7 %
200 150 ahead of last year ' s year-to-date sales of 178 .

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 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 J
0 15 16
17 18
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 J Prices
15
Median 16 Sales Price and Average 17 Sales Price 18 3 Mo Avg
The Median Sales Price in January was $ 145,000 , up 13.8 %
Prices from $ 127,450 in January of 2017 and equal to $ 145,000 last Median Sales Price and Average Sales Price
190
3 Mo Avg
The month Median . The Sales Average Price Sales in January Price was in January $ 145,000 was , up $ 13.8 163,063 % , up from 11.9 % $ 127,450 from $ 145,729 in January in January of 2017 and of 2017 equal and to $ up 145,000 2.8 % from last 190 170 month $ 158,669
. The last Average month Sales
. January
Price in 2018 January
ASP was was $ at 163,063 the highest , up level 11.9 % from $ 145,729 in January of 2017 and up 2.8 % from 170 150 compared to January of 2017 and 2016 . $ 158,669 last month . January 2018 ASP was at the highest level 150 130 compared to January of 2017 and 2016 .
130 110 110 90
187 242 247 236 283
187 242 247 236 283 274 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185 248 238 256 274 238 236 199 192 192 218 181
90 70
70
50
50
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
J
F
M15 A 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
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
January Total Inventory was 562 , down of Properties 3.9 % from available 585 last for sale month as of and down
1,200
January was 562 , down 3.9 % from 585 last month and down
1,200
14.3 % from 656 in January of last year . January 2018 Inventory
1,000
14.3 was % at from its lowest 656 in January level compared of last year with . January 2018 of 2017 Inventory and
20161,000 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
6.0
5.0
6.0
5.0
was at its lowest level compared with January of 2017 and 2016 .
800
800
4.0
4.0
600
600
3.0
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 January 2018 MSI of 3.1 higher MSI is better for buyers . The January 2018 MSI of 3.1 months was at its lowest level compared with January of 2017
200 months was at its lowest level compared with January of 2017 and and 2016
2016 .
.
0
400
2.0
200
1.0
0
0.0
F
M
AF
M AJ
MJ AJ
SJ OA NS DO JNFDM JA FM MJ
AJ MA JS
OJ AN DS OJ
FN MD AJ
MF JM JA AM S JO JNAD SJ
O N D J
15
15
16
16
17
17
18
18
2.0
1.0
0.0
1,010 962 938 932 896 884 875 274 250 215 228
1,010 962 938 932 896 884 875 849 824 190 241 178 204
849 824 827 798 770 766 736 691 655 269 277
827 798 770 766 736 691
258 260 223 234 205 181 188 199
655 638 602 605 614 650 675 643 656
638 602 605 614 650 675 643 656 641 638 602 606 624 622 590 572 589 610 585 562
178 185 248 238 256 274 238 236 199 192
641 638 602 606 624 622 590 572 589 610
192 218
585 562
181
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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