1st Quarter New Port Richey Jan 2014

1st Quarter New Port Richey

This market report covers New Port Richey single family home sales for the first quarter of 2014.

1st Quarter New Port RicheySold Homes in New Port Richey, FL for the first quarter 2014 total 355.

The lowest price home sold in New Port Richey, FL was $10,000 for a home in Grove Park built in 1960; with 1,223 sf.

Highest sold price was $645,000 in the Flor-A-Mar section of Gulf Harbors. The home has 4,138 sf, 4 bedrooms, 4 baths, and a view of the beach and Gulf.

Median solds equal $90,000 with a listing to sold price ratio of 96% and 44 days to contract.

1st Quarter New Port Richey 2014 Home Sales: Compare this to the solds first quarter of 2013, where average sold prices  were $117,650. Don’t panic and think prices have gone down, averages depend a many factors and may not accurately reflect the market.  Median sold price was $99,000.

List to sold ratio was 95%, which indicates that prices have gone up.  Days to contract was 86 in 2013 and dropped to 44 in 2014. These are significant changes to the sold market.

Current Actives total  739 single family homes for sale in New Port Richey, FL.

The lowest in the area is located at Casson Heights, built in 1960 and having a square footage of 615. The listed price is $19,900.

The highest priced home is in Gulf Harbors South Beach and comes in at a listed price of $3,749,998. It is on the Gulf of Mexico; has 5,996 square feet, dock and boat lift.

Average listed price is $216,651.
The inventory of homes for sale is low which might drive prices up.

If you’re thinking of selling, now would be a great time to put your home on the market. If you’re thinking of buying, do it soon!

Call us, we’re always on market watch for you.
To search homes for sale,
click here.

Toni Weidman
Florida Luxury Realty

The Statistics used are courtesy of the MFRMLS for West Pasco County, FL.

New Port Richey, FL – 2014 1st Quarter Home Sales.


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