$32,900
0.18 Acres
Land
Sean Seward P.A., Listing Office: KELLER WILLIAMS ISLAND LIFE REAL ESTATE
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 October 2023
At the same time last year, New Port Richey East was a Seller's Market.
Key Takeaway
New Port Richey East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in New Port Richey East, FL
How much do homes in New Port Richey East, FL cost?
Median Sold Price
$276,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,000(+5.3%)
Key Takeaway
Homes in New Port Richey East have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in New Port Richey East was $276,000 in October 2024, up 5.3% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | - | N/A |
| 2 Bedrooms | $223.3K | $220K | -1.5% |
| 3 Bedrooms | $279.2K | $315K | +12.8% |
| 4 Bedrooms | $325K | $377.5K | +16.2% |
| 5+ Bedrooms | $430K | - | N/A |
Summary: New Port Richey East housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 16.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| New Port Richey East | $262K | $276K | +5.3% |
| Lakewood Villas | $247.5K | $243.7K | -1.5% |
| Magnolia Valley | $254K | $247K | -2.8% |
Housing Supply in New Port Richey East, FL
How many homes are available in New Port Richey East, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 58 | 0.0% |
Summary: The New Port Richey East real estate market had 58 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 34 | 32 | -5.9% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Port Richey East housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Port Richey East, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in New Port Richey East in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 68 Days | +191.5% |
Summary: Homes in New Port Richey East had an average of 68 days on market in Oct 2024, up by 191.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in New Port Richey East are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in New Port Richey East; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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