New Port Richey Community Information | School District
New Port Richey Community Information | School District
Market Time The average Days On Market ( DOM ) shows how many days the average Property is on the market before it sells . An upward trend in DOM tends to indicate a move towards more of a Buyer ' s market , a downward trend a move towards more of a Seller ' s market . The DOM for January was 52 , up 8.3 % from 48 days last month and down 20.0 % from 65 days in January of last year . The January 2018 DOM was at its lowest level compared with January of 2017 and 2016 .
Selling Price per Square Foot The Selling Price per Square Foot is a great indicator for the direction of Property values . Since Median Sales Price and Average Sales price can be impacted by the ' mix ' of high or low end Properties in the market , the selling price per square foot is a more normalized indicator on the direction of Property values . The January 2018 Selling Price per Square Foot of $ 103 was down 1.6 % from $ 105 last month and up 12.2 % from 92 in January of last year .
Selling Price vs Original Listings Price The Selling Price vs Original Listing Price reveals the average amount that Sellers are agreeing to come down from their original list price . The lower the ratio is below 100 % the more of a Buyer ' s market exists , a ratio at or above 100 % indicates more of a Seller ' s market . The January 2018 Selling Price vs Original List Price of 94.1 % was down from 95.3 % last month and up from 93.8 % in January of last year .
Days On Market for Sold Properties
100 |
89 |
90 |
80 |
70 |
65 |
60 |
52 |
50 |
40 |
30 |
20 |
10 |
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 |
15 |
|
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16 |
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17 |
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18 |
Selling Price per Square Foot |
3 Mo Avg |
150 140 130 120 110 100 90 80 70 60 50
98 % 96 % 94 % 92 % 90 % 88 %
81
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 |
15 |
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16 |
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17 |
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18 |
Selling Price versus Listing Price Ratio Avg Selling Price divided by Avg Listing Price for sold properties during the month
90.6 %
92
93.8 %
3 Mo Avg
3 Mo Avg
103
94.1 %
Inventory / New Listings / Sales This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales . The graph shows the basic annual seasonality of the market as well as the relationship between these items . The number of New Listings in January 2018 was 288 , up 28.6 % from 224 last month and up 7.9 % from 267 in January of last year .
86 % |
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 |
15 |
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16 |
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17 |
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18 |
Inventory / New Listings / Sales |
1,200
1,000 800 600 400
1,010 962 938 932 896 884 875 849 824 827 798 770 766 736 691 655 638 602 605 614 650 675 643 656 641 638 602 606 624 622 590 572 589 610 585 562
200 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 |
15 |
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16 |
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17 |
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18 |
20 | c o l d w e l l b a n k e r h o m e s . c o m