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

Mon Jun 17 2019
This week the median list price for New Port Richey, FL 34655 is $338,250 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has held steady at or around 184. 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

Slight Seller's Advantage

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

Mon Jun 17 2019
This week the median list price for New Port Richey, FL 34655 is $338,250 with the market action index hovering around 44. This is an increase over last month's market action index of 41. Inventory has held steady at or around 184. 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

Slight Seller's Advantage

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 $338,250
Per Square Foot $143
Days on Market 88
Price Decreased 49%
Price Increased 1%
Relisted 7%
Inventory 184
Median House Rent $1,445
Most Expensive $1,288,888
Least Expensive $87,500
Market Action Index
Slight Seller's Advantage
44

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$665,000 3,881 0.25 - 0.5 acre 4 4 14 2 3 184
$369,500 2,625 0.25 - 0.5 acre 4 3 15 7 5 53
$299,950 2,064 6,500 - 8,000 sqft 3 2 17 3 7 71
$228,950 1,724 4,500 - 6,500 sqft 3 2 27 8 17 43