New Port Richey
Market Action Report
City: New Port Richey
March 2016
Agent Name
Market Action Report
Title
Phone
Agent Name
Website
Title
Other
Phone
Trending versus*:
WebsiteLM L3M PYM LY
Month
$1,219,000
-26%
Other -9%
March 2016
Community Information | School District
City: New Port Richey
Price Range: $1,000,000 and Up | Properties: SFH - Con
Market Profile & Trends Overview
Median
List Price
of| Properties:
all Current
Listings
Price
Range: $1,000,000
and Up
SFH - Con
Trending versus*:
Prior YTD Prior Year
YTD
$1,293,800 -2%Trending-21%
versus*:
Trending versus*:
Month
L3M PYM #####
LY
YTD
Prior
YTD Prior
$0 LM ####
$112,000
22%
4%Year
$1,219,000
$0 -9% #### -26% #####
$142,763
20%
9%
Average
List PriceCurrently
of all Current
Listings
$1,293,8005 25%
-2%
-21%
Total Properties
for Sale
(Inventory)
-17%
March
Price
$00
####
#####
$112,0001
22%
4%
MarchMedian
NumberSales
of Properties
Sold
0%
March
$00
$142,763
20%
9%
MarchAverage
AverageSales
Days Price
on Market (Solds)
####
#####
82
-4%
4%
Total
Properties
for (based
Sale (Inventory)
25% -34% -17%
Asking
Price perCurrently
Square Foot
on New Listings)
$2265 -28%
0% -27%
$330
52%
7%
March
of per
Properties
0%
MarchNumber
Sold Price
Square Sold
Foot
$00
####
#####
$821 14%
6%
March
Average
Days
on
Market
(Solds)
0
####
#####
82
-4%
4%
March Month's Supply of Inventory
0.0 0%
0% 0%
4.0
0%
0%
Asking
Price
per
Square
Foot
(based
on
New
Listings)
$226
-28%
-34%
0%
-27%
$330
52%
7%
March Sale Price vs List Price Ratio
0.0%
####
#####
92.2%
2%
0%
* LM=Last Month
3 Months
/ PYM=Same
Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date | Arrows$0
indicate if Month / YTD
values are higher #####
(up), lower (down) or unchanged
March
Sold/ L3M=Last
Price per
Square
Foot
####
$82(flat) 14%
6%
March Month's Supply of Inventory
0.0 0% #### Number
0% 0% of Properties
4.0 Sold
0%
0%
March
Sale Sales
Price vs List Price Ratio
0.0%
####
#####
92.2%
2%
0%
Property
1
Average List Price of all Current Listings
Market
Profile
& Trends
March Median
Sales
Price Overview
Median
List Price
of all
Current Listings
March Average
Sales
Price
3 Mo Avg
* March
LM=Last Month
/ L3M=Last
3 Months
Month0Prior
/ LY=Last
Year (2015)
Property
sales
were/ PYM=Same
0, up from
in Year
March
of 2015
and/ YTD = Year-to-date | Arrows indicate if Month / YTD values are higher (up), lower (down) or unchanged (flat)
higher than the 0 sales last month. March 2016 sales were at
their highest level compared to March of 2015 and 2014. March
Property
YTD sales ofSales
1 are running ahead of last year's year-to-date sales
March
of 0. Property sales were 0, up from 0 in March of 2015 and
higher than the 0 sales last month. March 2016 sales were at
their highest level compared to March of 2015 and 2014. March
YTD sales of 1 are running ahead of last year's year-to-date sales
of 0.
1
Number of Properties Sold
3 Mo Avg
11
11
10
A comparatively lower MSI is more beneficial for sellers while a
higher MSI is better for buyers. The March 2016 MSI of 0.0
months was at its highest level compared with March of 2015
and 2014.
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
3 Mo Avg
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
13
14
15
16
Total Inventory & Month's Supply of Inventory (MSI)
5.0
7
7
7
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
13
14
15
16 6.0
4
6
6
6
6
6
6
6
6
6
6
6
5
4
4
5
5
5
5
5
5
5
5
5
5
5
5
4
4
4
4
4
4.0
6.0
3.0
5.0
2.0
4.0
1.0
7
7
7
4
5
6
6
5
6
5
5
5
6
6
6
6
6
6
5
6
5
5
5
5
5
5
4
4
4
4
4
5
6
Total Inventory & Month's Supply of Inventory (MSI)
3
8
7
6
5
84
73
62
51
40
3
2
1
0
Median Sales Price and Average Sales Price
2
The Total Inventory of Properties available for sale as of March
was 5, up 25.0% from 4 last month and down 16.7% from 6 in
March of last year. March 2016 Inventory was at its lowest level
A comparatively
lowerofMSI
is more
beneficial for sellers while a
compared
with March
2015
and 2014.
higher MSI is better for buyers. The March 2016 MSI of 0.0
months was at its highest level compared with March of 2015
and 2014.
2,000
1,950
2,100
1,900
2,050
1,850
2,000
1,800
1,950
1,750
1,900
1,700
1,850
1,650
1,800
1,600
1,750
1,700
1,650
1,600
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
13
14
15
16
3
Inventory & MSI
The Total Inventory of Properties available for sale as of March
was 5, up 25.0% from 4 last month and down 16.7% from 6 in
March of last year. March 2016 Inventory was at its lowest level
compared with
March of 2015 and 2014.
Inventory
& MSI
Median Sales Price and Average Sales Price
3 Mo Avg
0
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
2,100
13
14
15
16
02,050
2
Prices
The Median Sales Price in March was $0, up from $0 in March
of 2015 and up from $0 last month. The Average Sales Price in
March was $0, up from $0 in March of 2015 and up from $0
last month. March 2016 ASP was at the highest level compared
Prices
to March
of Sales
2015 and
The
Median
Price2014.
in March was $0, up from $0 in March
of 2015 and up from $0 last month. The Average Sales Price in
March was $0, up from $0 i