Real Estate Market Update for
34668 (Port Richey, FL)
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Welcome to our monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 34% from one year earlier and down 12% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 60-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 17% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 50-thousand dollars. Overall, The number of units sold Increased 17% year-over-year and Increased 34% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 34668 (Port Richey, FL)
Area Information for 34668 (Port Richey, FL)
Community Character:Low Residential Turnover, Coastal Area, Suburb of Tampa
Population:43,031
Median Age:42.32 yr
Median Commute Time:18.29 mins
Educational Climate*:3
Recycling Likelihood**:113
Sales Tax:7%
Population Density:2,639/sq mi
Population Change Since 2000:3%
Closest Airport:Tampa International
Closest College:Trinity College Of Florida
Closest Jr. College:Pasco-hernando Comm Coll
Median Household Income:$33,616
Annual Residential Turnover:15.53%
Median Years in Residence:4.1 yr
Median Home Sales Price:$45,500
Closest Major Sports Team:Dunedin Blue Jays (a)
Change Avg. Household Income Since 2000:21%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 34668 (Port Richey, FL)
Median Age: 42.32Married: 44%Number of Households: 18,965Households with Children: 4,988
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)