FL ARCHIVED February 2017 | Page 19

Market Action Report February 2017
Community Information | School District
Market Action Report February 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
$ 197,500
10 %
32 %
Average List Price of all Current Listings
$ 246,871
7 %
27 %
February Median Sales Price
$ 128,500
1 %
-5%
10 %
-1%
$ 127,900
11 %
-1%
February Average Sales Price
$ 157,637
8 %
0 %
6 %
4 %
$ 151,797
6 %
0 %
Total Properties Currently for Sale ( Inventory )
569
-9%
-25%
February Number of Properties Sold
185
4 %
-9%
363
-5%
February Average Days on Market ( Solds )
60
-8%
5 %
-25%
-6%
63
-25%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 113
9 %
4 %
20 %
13 %
$ 109
14 %
9 %
February Sold Price per Square Foot
$ 94
3 %
1 %
12 %
6 %
$ 93
12 %
4 %
February Month ' s Supply of Inventory
3.1 -12% -5% -18%
1 %
3.3
-18%
8 %
February Sale Price vs List Price Ratio
92.6 % -1.3% -. 8 %
. 5 %
-1.3%
93.2 %
2 %
-1%
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300 February Property sales were 185 , down 9.3 % from 204 in February of 2016 and 3.9 % higher than the 178 sales last month . Property Sales
250
February 2017 sales were at their lowest level compared to 300 February Property sales were 185 , down 9.3 % from 204 in February of 2016 and 2015 . February YTD sales of 363 are February of 2016 and 3.9 % higher than the 178 sales last month . 200 running 5.0 % behind last year ' s year-to-date sales of 382 . 250 February 2017 sales were at their lowest level compared to February of 2016 and 2015 . February YTD sales of 363 are
200 150 running 5.0 % behind last year ' s year-to-date sales of 382 .

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 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
0 14 15
16 17
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 Prices
14
Median 15 Sales Price and Average 16 Sales Price 17 3 Mo Avg
The Median Sales Price in February was $ 128,500 , up 10.4 %
Prices from $ 116,397 in February of 2016 and up 0.8 % from $ 127,450 Median Sales Price and Average Sales Price
190
3 Mo Avg
The last Median month Sales . The Price Average in February Sales Price was in $ 128,500 February , up was 10.4 $ % 157,637 , from up 6.0 $ 116,397 % from in $ February 148,704 in of February 2016 and of up 2016 0.8 % and from up $ 127,450 8.2 % from 190 170 last $ 145,729 month . last
The month Average
. February Sales Price
2017 in February
ASP was was at the
$ 157,637 highest
, up 6.0 % from $ 148,704 in February of 2016 and up 8.2 % from 170 150 level compared to February of 2016 and 2015 . $ 145,729 last month . February 2017 ASP was at the highest 150 130 level compared to February of 2016 and 2015 .
130 110 110 90
195 175 205 233 203 207
195 175 205 233 203 207 211 202 188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178 185
90 70
70 50
50 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 M A 14 M J J A S O N D J F M15A M J J A S O N D J F M 16 A M J J A S O N D J F 17 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 February Total Inventory was 569 , of down Properties 8.8 % from available 624 for last sale month as of and down 1,200 7.0
February was 569 , down 8.8 % from 624 last month and down 1,200 7.0
25.4 % from 763 in February of last year . February 2017 1,000 6.0
25.4 Inventory % from was 763 in at February its lowest of level last compared year . February with 2017 February of 1,000 6.0
Inventory was at its lowest level compared with February of
5.0 2016 and 2015 .
800 5.0
2016 and 2015 . 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 February 2017 MSI of 3.1
2.0 higher MSI is better for buyers . The February 2017 MSI of 3.1 200 months was at its lowest level compared with February of 2016 200
1.0 months was at its lowest level compared with February of 2016
1.0 and
and 2015
2015 .
. 0
0 0.0
0.0
M A M AJ
MJ AJ SJ OA NS DO JN FDM JA FM MJ
AJ MA JS JO AN DS OJ
NF MD AJ MF JM JA AM SJ
OJNAD SJ OF
N D J F
14 14
15 15
16 16
17 17
1,113 1,142 1,101 1,075 1,039 994 989 1,019 211 202 188
1,113 1,142 1,101 1,075 1,039 994 989 1,019 1,014 232 162 187 242 247 236
1,014 1,004 1,013 1,008 960 936 930 895 883 873 282 273 250 215
1,004 1,013 1,008 960 936 930 895 883 873 847
228 190 241 178
821 824 795 767 763
204
847 821 824 795 767 763 733 688 651 634 269 277 258 260 223 234 205
598 601 611 645 666 624 624 569 181 188
733 688 651 634 598 601 611 645 666 624
199 178
624 569
185
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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