FL ARCHIVED February 2016

Market Action Report City: New Port Richey February 2016 New Port Richey Agent Name Market Action Report February 2016 Title Phone Agent Name Website TitleOther Community Information | School District City: New Port Richey Price Range: All | Properties: SFH - Con Phone Website Month Other $152,450 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY 2% 15% $197,834 Trending 1% versus*: 11% Month LM 2% L3M 1% PYM 36% LY $116,397 $152,450 2% 15% $148,704 9% 9% 27% $197,834 1% 11% 828 7% -18% $116,397 2% 1% 36% 8% 204 15% 9% $148,704 9% 9% 27% 14% 80 -10% -1% -4% 828 7% -18% 204 $97 15% -3% 1% 9% 17% $84 4% 4% 80 -10% -1% -4% 19% 1% $97 4.1 -3% -7% 1% 4% 17% -25% 10% $8492.1% 4% 1.5% 4% .3% 19% 2.4% 9% Average List Price of all Current Listings Market Profile & Sales Trends Overview February Median Price Median List Price of all Current Listings February Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) February Median Sales Price February Number of Properties Sold February Average Sales Price February Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per of Square Foot Sold (based on New Listings) February Number Properties FebruaryAverage Sold Price February Daysper on Square Market Foot (Solds) February Month's Supply Inventory Asking Price per Square Footof(based on New Listings) FebruarySold SalePrice Price vsSquare List Price February per FootRatio Trending versus*: Prior YTD Prior Year YTD Trending versus*: Prior YTD 34% Prior Year 6% 8% YTD $115,000 14% $143,025 24% 9% $115,000 $143,025 34% 381 24% 84 $98 381 9% 84 $83 2% 4.2 $98 14% $83 91.4% 19% 1% 10% 9% 1% .4% * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) 6% 9% 9% 2% 14% 19%6% -28%11% 2% 8% 6% 11% 8% 4% -0% 4.1 -7% 4% -25% 1% 4.2 -28% 4% 92.1% 1.5% .3% 2.4% Number .4% 2% Sold -0% of91.4% Properties February Month's Supply of Inventory February Sale Price vs List Price Ratio 3 Mo Avg * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat) Property Sales 300 February Property sales were 204, up 9.1% from 187 in February of 2015 and 15.3% higher than the 177 sales last 250 Property Sales 300 month. February 2016 sales were at their highest level February Property sales were 204, up 9.1% from 187 in compared to February of 2015 and 2014. February YTD sales of February of 2015 and 15.3% higher than the 177 sales last 200 381 areFebruary running 2016 9.2%sales ahead of last year's year-to-date sales of 250 month. were at their highest level 349. compared to February of 2015 and 2014. February YTD sales of 200 150 150 140 130 120 110 100 90 80 70 60 50 204 177 241 190 228 215 250 273 282 236 247 242 187 162 232 188 202 211 207 203 233 205 175 195 146 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 872 828 829872 809828 828 829 862 809 915 828 977 862 1,030 915 1,020 977 1,037 1,030 1,056 1,020 1,111 1,037 1,142 1,056 1,101 1,111 1,075 1,0391,142 9941,101 9901,075 1,039 1,020 994 1,015 990 1,005 1,014 1,020 1,008 1,015 960 1,005 9341,014 9281,008 893 960 879 934 870 928 844 893 819 879 822 870 792 844 771 819 828 600 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 600 400 A comparatively lower MSI is more beneficial for sellers while a 400 A comparatively lower MSI is more beneficial for sellers while a higherMSI MSI better buyers. February 2016 higher is is better forfor buyers. TheThe February 2016 MSIMSI of 4.1of 4.1 200 200 monthswas was lowest level compared February of 2015 months atat itsits lowest level compared withwith February of 2015 0 and2014. 2014. 0 and S OJ N D AJ MF JM JA AM S J O J NAD S J OF N D J F M A M M AJ M J AJ SJ OA NS DO JN FDMJ A FMMJ AJ MA JS JO A N D F M 14 15 16 13 13 14 15 16 Copyright © Coldwell Banker | Price Range: All |All Property Types: SFH -SFH Con - Con Copyright © Coldwell Banker | Price Range: | Property Types: 204 177 241 190 228 215 250 273 282 236 247 242 187 162 232 188 202 211 207 203 233 205 175 195 146 136 163 133 167 169 190 193 187 218 132 136 163 133 132 167 169 190 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 16 Inventory & MSI 800 3 Mo Avg M A 13 M J J A S O N D J F M14A M J J A S O N D J F M 15 A M J J A S O N D J F 13 14 15 16 Inventory & MSI of Properties available for sale as of The Total Inventory The Total Inventory Properties available sale asand of down 17.9% 1,200 February was 828,ofup 7.4% from 771 lastfor month February wasin 828, up 7.4%offrom lastFebruary month and down 17.9% 1,200 from 1,008 February last 771 year. 2016 Inventory 1,000 from 1,008 in February of last year. February 2016 Inventory was at its lowest level compared with February of 2015 and 1,000 was at its lowest level compared with February of 2015 and 800 2014. 2014. Median Sales Price and Average Sales Price 822 792 771 828 110 100 90 80 70 60 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 13 14 15 16 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 Median Sales Price and Average Sales Price 13 14 15 16 3 Mo Avg Prices The Median Sales Price in February was $116,397, up 36.0% Prices from $85,600 in February of 2015 and up 2.1% from $113,975 The in February wasin $116,397, upwas 36.0% lastMedian month.Sales ThePrice Average Sales Price February $148,704, 150 from $85,600 in February of 2015 and up 2.1% from $113,975 up 26.9% from $117,208 in February of

FL ARCHIVED February 2016 | Page 19