Your Customized Market Report

New Port Richey, FL 34655

Single-Family Homes

Barbara S Jordan CRS, GRI, SFR ~ Coldwell Banker Residential Real Estate ~ 14502 N Dale Mabry Hwy #100



New Port Richey, FL 34655

Fri Aug 23 2019
This week the median list price for New Port Richey, FL 34655 is $330,945 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 172. Click here to stay informed with the New Port Richey market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

New Port Richey, FL 34655

Fri Aug 23 2019
This week the median list price for New Port Richey, FL 34655 is $330,945 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 172. Click here to stay informed with the New Port Richey market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the New Port Richey market.
Median List Price $330,945
Per Square Foot $141
Days on Market 74
Price Decreased 50%
Price Increased 3%
Relisted 6%
Inventory 172
Median House Rent $1,455
Most Expensive $1,475,000
Least Expensive $39,900
Market Action Index
Strong Seller's Market
45

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$595,000 3,511 0.25 - 0.5 acre 4 3 15 5 3 128
$349,900 2,441 8,000 - 10,000 sqft 4 3 15 3 6 48
$289,000 2,090 8,000 - 10,000 sqft 3 2 21 2 9 78
$189,000 1,471 6,500 - 8,000 sqft 2 2 36 12 8 43