New Port Richey Home Sales Jan-July 2019

New Port Richey Home Sales Jan-July 2019. Home Sales numbers are low due to very low inventory of homes for sale. Homes tend to sell and close quickly.

New Port Richey is on the west coast of Florida; a bit west of Tampa. We are lucky to be just north of charming Tarpon Springs with its world-renowned Sponge Docks. Love the Greek food, music, shops, and the docks. New Port Richey has a lovely downtown area on the Pithlachascotee River. Sims Park has been renovated and it is an wonderful improvement. Many festivals are held downtown.

New Port Richey Home Sales Jan-July 2019  New Port Richey Home Sales Jan-July 2019

Currently Active on the market totals 393.

Lowest Listed at $36,000 in Virginia City with 938 sf; a 2/1 built in 1977.

Highest Listed at $3,899,900 in Key Verde Estates on the Gulf with 9,659 sf. It has 7 bedrooms and 7 baths (combined total of the main house and guest house). Also, a pool/spa, fireplace, 5 car garage, built in 2002 on 3.67 acres.

Sold from Jan 1 through July 31, 2019 totals 1,244.

Lowest Sold Price: $23,500 in Valencia Terrace for a 2/1 with 1,136 sf built in 1941.

Highest Sold Price: $$925,000 for 3,744 sf in Flor-A-Mar (Gulf Harbors). It is a 4/2/2(halfbaths) built in 2006. 

There are currently 133 homes pending closing. 

Average List Price: $$216,816
Average Sold Price: $210,530
Average Days To Contract: 56
Average Sold Price Per Square Foot: $123.97
Sold Price to List Price Ratio: 97%

As you can see, the number of sales and listings is low compared to a few years back. Buyers are having a hard time finding what they want. People thinking of selling are holding back because they can’t find enough homes to feel comfortable enough that something will be available when they sell.

Want to search the market and see what’s available, click here.

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Broker-associate
727-237-0083

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New Port Richey Home Sales Jan-July 2019

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Author: Toni Weidman

Experience Counts! I have been selling homes in West Pasco and Pinellas counties-Florida for over 25 years. Craig & I run Trinity Pets Yappy Hour for animal rescues. And a Broker-associate with Sailwinds Realty, Trinity. Craig and I run Trinity Pet Sitters LLC.