FL ARCHIVED January 2017 | Page 19

Market Action Report January 2017
Community Information | School District
Market Action Report January 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
$ 189,900
6 %
27 %
Average List Price of all Current Listings
$ 234,961
5 %
21 %
January Median Sales Price
$ 127,450
-18% -8%
12 %
-2%
$ 127,450
12 %
-2%
January Average Sales Price
$ 145,729
-8%
-7%
7 %
-4%
$ 145,729
7 %
-4%
Total Properties Currently for Sale ( Inventory )
598
-3%
-22%
January Number of Properties Sold
178 -11%
0 %
178
0 %
January Average Days on Market ( Solds )
65
27 %
16 % -27%
2 %
65
-27%
2 %
Asking Price per Square Foot ( based on New Listings )
$ 105
-3%
-1%
6 %
5 %
$ 105
6 %
5 %
January Sold Price per Square Foot
$ 92
-3%
-1%
13 %
3 %
$ 92
14 %
3 %
January Month ' s Supply of Inventory
3.4
9 %
1 %
-22%
10 %
3.4
-22%
10 %
January Sale Price vs List Price Ratio
93.8 %
. 2 %
-. 4 % 3.5 %
. 0 %
93.8 %
4 %
0 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2016 ) / YTD = Year-to-date
Property Sales
300 January Property sales were 178 , equal to 178 in January of 2016 and 10.6 % lower than the 199 sales last month . January Property Sales
250
2017 sales were at their highest level compared to January of 300 January Property sales were 178 , equal to 178 in January of 2016 and 2015 . January YTD sales of 178 are running equal to 2016 and 10.6 % lower than the 199 sales last month . January 200 last year ' s year-to-date sales of 178 .
250
2017 sales were at their highest level compared to January of 2016 and 2015 . January YTD sales of 178 are running equal to
200 150 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 14 15
16 17
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
14
Median 15 Sales Price and Average 16 Sales Price 17 3 Mo Avg
The Median Sales Price in January was $ 127,450 , up 11.8 % from
Prices $ 113,988 in January of 2016 and down 17.8 % from $ 155,000 Median Sales Price and Average Sales Price
190
3 Mo Avg
The last Median month Sales . The Price Average in January Sales Price was $ in 127,450 January , up was 11.8 $ % 145,729 from , $ up 113,988 6.8 % in from January $ 136,416 of 2016 in January and down of 17.8 2016 % from and down $ 155,000 8.0 % from 190 170 last $ 158,421 month . last
The month Average
. January Sales Price
2017 in January
ASP was was at the
$ 145,729 highest
, level up 6.8 % from $ 136,416 in January of 2016 and down 8.0 % from 170 150 compared to January of 2016 and 2015 . $ 158,421 last month . January 2017 ASP was at the highest level 150 130 compared to January of 2016 and 2015 .
130 110 110 90
146 195 175 205 233 203
146 195 175 205 233 203 207 211 202 188 232 162 187 242 247 236 282 273 250 215 228 190 241 178 204 269 277 258 260 223 234 205 181 188 199 178
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
M14 A 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
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
The
January Total Inventory was 598 , down of Properties 2.9 % from available 616 last for sale month as of and down
1,200
January was 598 , down 2.9 % from 616 last month and down
1,200
22.0 % from 767 in January of last year . January 2017 Inventory
1,000
22.0 was % at from its lowest 767 in level January compared of last year with . January 2017 of 2016 Inventory and 2015
1,000 .
Total Inventory & Month ' s Supply of Inventory ( MSI )
8.0
7.0
was at its lowest level compared with January of 2016 and 2015 .
800
600
800
600
6.0
5.0
4.0
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 2017 MSI of 3.4 higher MSI is better for buyers . The January 2017 MSI of 3.4 months was at its lowest level compared with January of 2016
200 months was at its lowest level compared with January of 2016 and and 2015
2015 .
.
0
400
3.0
200
2.0
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
14
14
15
15
16
16
17
17
207
1,058 1,113 1,142 1,101 1,075 1,039 994 989 1,019 211 202
1,058 1,113 1,142 1,101 1,075 1,039 994 989 1,019 188 232 162 187 242 247 236
1,014 1,004 1,013 1,008 960 936 930 895 883 873 282 273 250
1,014 1,004 1,013 1,008 960 936 930 895 883 873 847 215 228 190 241
821 824 795 767 178 204
847 821 824 795 767 763 733 688 651 633
269 277 258 260 223 234
597 600 609 641 661 616 598 205 181
763 733 688 651 633 597 600 609 641 661
188 199
616 598
178
8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0
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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