FL ARCHIVED October 2016

Market Action Report City: New Port Richey October 2016 New Port Richey Agent Name Market Action Report October 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 $179,000 Market Profile & Trends Overview Median Price all Current Listings Price Range: AllList | Properties: SFHof - Con LM Trending versus*: L3M PYM LY -1% 24% $210,787 Trending -0% versus*:9% Month LM 2% L3M 3% PYM 15% LY $138,500 $179,000 -1% -4% -1% 24% 16% $154,246 $210,787 -0% 9% 667 9% -19% $138,500 2% 3% 15% 28% 178 -13% -22% $154,246 -4% -1% 16% 18% 55 -11% -10% -28% 667 9% -19% $102 3% -22% 2% 12% 178 -13% $91 -2% -1% 55 -11% -10% -28% 18% -30% $102 3.7 3% 25% 2% 21% 12% 4% 16% $9195.7% -2% -.1% -1% .7% 18% 4.6% 19% Average List Price of all Current Listings Market Trends Overview OctoberProfile Median&Sales Price Median List Price of all Current Listings October Average Sales Price Average List Price of all Current Listings Total Properties Currently for Sale (Inventory) October Median Sales Price October Number of Properties Sold October Average Sales Price October Average Days on Market (Solds) Total Properties Currently for Sale (Inventory) Asking Price per Square Foot (based on New Listings) October Number of Properties Sold October Sold Price per Square Foot October Average Days on Market (Solds) October Month's Supply of (based Inventory Asking Price per Square Foot on New Listings) OctoberSold SalePrice Price vsSquare List Price October per FootRatio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Trending versus*: Prior YTD 21% Prior Year 18% 28% YTD $127,000 18% $150,405 16% 15% $127,000 21% 2,286 $150,405 16% 18% -2% 15% -30% 66 -16% 16% 2,286 $98 14% -2% 19% $88 66 -16% 16%-16% -7% 3.0 $98 14% -26%11% 4.3% $88 93.8% 16% 2%14% -16% 11% 14% -25% 2% 3.7 25% 21% 4% -7% 3.0 -26% -25% Number of93.8% Properties 95.7% -.1% .7% 4.6% 4.3% 2% Sold 2% October Month's Supply of Inventory October Sale Price vs List Price Ratio * LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year (2015) / YTD = Year-to-date Property Sales 300 October Property sales were 178, down 21.9% from 228 in October of 2015 and 13.2% lower than the 205 sales last month. 250 Property Sales 300 October 2016 sales were at their lowest level compared to October Property sales were 178, down 21.9% from 228 in October of 2015 and 2014. October YTD sales of 2,286 are October of 2015 and 13.2% lower than the 205 sales last month. 250 200 running 1.6% behind last year's year-to-date sales of 2,322. October 2016 sales were at their lowest level compared to October of 2015 and 2014. October YTD sales of 2,286 are running 1.6% behind last year's year-to-date sales of 2,322. Trending versus*: Prior YTD Prior Year YTD 3 Mo Avg Number of Properties Sold 3 Mo Avg 200 150 Prices 13 The Median Sales Price in October was $138,500, up 15.4% Prices from $120,000 in October of 2015 and up 1.8% from $136,000 190 The in October was $138,500, 15.4% lastMedian month.Sales ThePrice Average Sales Price in Octoberupwas $154,246, from $120,000 October of and of up2015 1.8% and fromdown $136,000 up 16.5% fromin$132,406 in2015 October 4.0% 190 170 last month. The Average Sales Price in October was $154,246, from $160,740 last month. October 2016 ASP was at the 170 150 up 16.5% from $132,406 in October of 2015 and down 4.0% highest level compared to October of 2015 and 2014. from $160,740 last month. October 2016 ASP was at the 150 130 178 205 234 223 260 258 277 269 204 178 241 190 228 215 250 273 282 236 247 242 187 162 232 188 202 211 207 203 205 175 233 178 205 234 223 260 258 277 269 204 178 241 190 228 215 250 273 282 236 247 242 187 162 232 188 202 211 207 203 233 205 175 195 146 Median Sales Price and Average Sales Price 3 Mo Avg 3 Mo Avg 130 110 110 90 90 70 70 50 50 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 M J J A S O 16M J J A S O N D 13J F 14 M A M J J A S O N D J F M15A M J J A S O N D J F M A 13 14 15 16 Inventory & MSI 1,000 800 Total Inventory & Month's Supply of Inventory (MSI) Total Inventory & Month's Supply of Inventory (MSI) 1,032 1,023 1,032 1,040 1,059 1,023 1,114 1,040 1,143 1,059 1,102 1,114 1,0761,143 1,040 1,102 995 1,076 990 1,040 1,020 995 1,015 990 1,005 1,020 1,014 1,015 1,009 1,005 961 9371,014 9311,009 896 961 884 937 874 931 848896 823 884 826874 797848 769823 765 826 735 797 689 769 652 765 633 735 597 689 597 652 613 633 667 Inventory & MSI of Properties available for sale as of The Total Inventory The Total Inventory of Properties sale as ofdown 19.0% 1,400 October was 667, up 8.8% fromavailable 613 last for month and 1,400 October wasin667, up 8.8% from 613 last month and Inventory down 19.0% from 823 October of last year. October 2016 was at 1,200 from 823 inlevel October of last year. October 2016 Inventory was at 1,200 its lowest compared with October of 2015 and 2014. 1,000 its lowest level compared with October of 2015 and 2014. Median Sales Price and Average Sales Price 15 16 14 800 600 600 A comparatively lower MSI is more beneficial for sellers while a 400 A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The October 2016 MSI of 3.7 400 higher MSI is better for buyers. The October 2016 MSI of 3.7 months was at a mid level compared with October of 2015 and 200 200 months was at a mid level compared with October of 2015 and 0 2014. 0 2014. N D 13 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 597 597 613 667 highest level compared to October of 2015 and 2014. 136 163 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 M J J A S O 13 14 15 16 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 M J J A S O 133 0 195 0 146 50 136 50 163 100 133 150 100 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 0.0 NJ D J AF M M JA JM AJ S J OAN SDOJ NF DM JA FM MJ AJ M F M A SJ OJ NA DS JO FN MD AJ MF JMJ AAMS JO J A S O 13 15 16 14 14 15 16 Copyright © Coldwell Banker Residential Estate / Coldwell Banker United, Realtors Price Range: All | Property Types: SFH - Con Copyright © Coldwell Banker Residential RealReal Estate / Coldw ell Banker United, Realtors | Price| Range: All | Property Types: SFH - Con c o l dw el l b a n k er h o m es.c o m | 19 Data provided courtesy of Greater Lauderdale REALTORS, REALTOR Association of Martin Miami Association of REALTORS, FloridaMLS, Regional MLS, Board of REALTORS, REALTORSofAssociation of the Palm Beaches, Space Coast Asso Data is is provided courtesy of Greater FortFort Lauderdale REALTORS, REALTOR Association of Martin County,County, Miami Association of REALTORS, My FloridaMy Regional Naples AreaNaples Board Area of REALTORS, REALTORS Association the Palm Beaches, Space Coast Association of REAL does notnot warrant or guarantee the the accuracy of this It is the of any of buyer sellerortoseller verifytoany and any all information relevant torelevant such consumer’s real estate real transaction. does warrant or guarantee accuracy of information. this information. It isresponsibility the responsibility anyorbuyer verify and all information to such consumer’s estate transaction.

FL ARCHIVED October 2016 | Page 19