Is New Port Richey East, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, New Port Richey East has remained a Seller's Market.
Housing Prices in New Port Richey East, FL
How much do homes in New Port Richey East, FL cost?
Median Sold Price
$270,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Port Richey East was $270,000 in April 2024, up 0.4% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.9K | - | N/A |
2 Bedrooms | $235K | $210K | -10.6% |
3 Bedrooms | $285K | $298K | +4.6% |
4 Bedrooms | $349K | $325K | -6.9% |
5+ Bedrooms | - | $430K | N/A |
Summary: New Port Richey East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
New Port Richey East | $269K | $270K | 0.4% |
Lakewood Villas | $250.5K | $240K | -4.2% |
Housing Supply in New Port Richey East, FL
How many homes are available in New Port Richey East, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 52 | +8.3% |
Summary: The New Port Richey East real estate market had 52 homes for sale in April 2024, a 8.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 21 | 21 | 0.0% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Port Richey East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in New Port Richey East in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and 45% were sold over asking.
Days on Market for New Port Richey East, FL
How long does it take to sell a home in New Port Richey East, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 45 Days | +33.9% |
Summary: Homes in New Port Richey East had an average of 45 days on market in Apr 2024, up by 33.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in New Port Richey East; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.