What a stark contrast to the rest of Pasco County. Only 2 months inventory in one of the premiere New Communities that has yet to be completed. As such this may not be an entirely accurate report. Builders sometimes, but not always put their listings in MLS. They have been more creative and cooperative with REALTORS® after the market collapse. Waters Edge gated community ranges from patio Villa's to Estates which include home Theaters
Now in the Distressed Property Graph above you will (0 comments)
new port richey: New Port Richey, Florida Homes For Sale and June 2010 Market Report - 08/10/10 08:45 PM
New Port Richey, Florida Homes For Sale and June 2010 Market Report First thing to point out is the number of New Port Richey, Florida homes sold in June are up 10% year over year, while the number of homes on the market remains at the same levels, resulting in a decrease of inventory to only 8 months which is the lowest we have seen in some time.
The New Port Richey, Florida distressed market report you see below is the typical chart for the most part. The one change that stands out to me is that under contract 75% (0 comments)
new port richey: Golden Acres Estates, New Port Richey, Florida Distressed Real Estate Property Report April 2010 - 05/15/10 11:08 PM
Golden Acres Estates, New Port Richey, Florida Distressed Real Estate Property Report April 2010 Once again we have no sales in this wonderful community, which surprises me because of the tremendous values not seen in Years. We see a slight uptick in Properties for sale, while there was a decrease since March's report of Homes under Contract.
And again we see most houses for sale are not distressed, yet most homes under contract are distressed. Distressed Properties are properties in some stage of Foreclosure, be it Pre-Foreclosure, In Foreclosure, Short Sale or a Bank Owned Foreclosure (REO)
Now we (3 comments)
new port richey: Furnished 55+ Condo For Sale - 5437 Palm Dr, New Port Richey, FL, 34652 - 05/09/10 01:06 PM
Furnished 55+ Condo For Sale 5437 Palm Dr, New Port Richey, FL, 34652 This great Furnished unit is on the ground floor and is single story. Thats right folks, no stairs and a fabulous pond view with a fountain in it.. Very spacious 1 Bedroom 1 bath Condo that feels so much bigger than the approxiamate 888 sq. ft MOL reported on the tax records In the clips below you will see a converted porch that runs the width of the Unit overlooking the large pond, with a fountain, which this community surrounds. Twin Lakes Condo's features a community Pool, (5 comments)
new port richey: New Port Richey, Florida Real Estate Market Report for March 2010 - 04/22/10 11:53 PM
New Port Richey, Florida Real Estate Market Report for March 2010 While we see an increase in Active listings compared to February, the number of Solds is also up a whopping 32% over February, so market inventory actually remains constant at 10 months (interesting development analyzing #'s in the 2nd graph.) Now if you considered Market inventory based on what is under contract you would think we have only 3 months inventory, but that is the illusion of Short Sales, which is broken down in the 2nd graph.
Even though some of the numbers have changed the Distressed Market (5 comments)
new port richey: Enjoy the quiet of Twin Lakes Condo Community in New Port Richey - 04/18/10 12:31 PM
Enjoy the quiet of Twin Lakes Condo Community in New Port Richey So everyone knows Florida got hit hard in the current market correction. My area, just north of Tampa Bay area, got hit harder than most areas in Florida. Drive down a street and you will see lots of For Sale signs. However Twin Lakes has been bucking the trend, at least in volume. Instead of a lot of foreclosures and distressed property sales, Twin Lakes has only one unit on the market. It is offered at $36,500, but has only been on the market for 6 days as (0 comments)
This stands on Main St. between US -19 (the main corridor) and the Pithlachascotee River on an island in the middle of the Street. Hickory Hammock became New Port Richey, Florida in 1915. Cavalaire sur Mer, France has a much longer history in the French Riviera. Of historic note, it was the landing site in WW II when the Allies were trying to take back France in Operation Dragoon Where as New Port (2 comments)
new port richey: West Pasco's Premier Waterfront Subdivision: Gulf Harbors, New Port Richey, Florida Waterfront subdivision - 04/02/10 07:00 PM
West Pasco's Premier Waterfront Subdivision: Gulf Harbors, New Port Richey, Florida Waterfront subdivision Great thing about Gulf Harbors in New Port Richey, FL is almost every home is Sailboat ready. There are a few houses where you need a canoe because the water is too shallow, Rudder Way is a good example. Than you have other canals that you have to lay down in your canoe to get under the bridge(s). However, for the most part, the homes have deep water direct sail boat gulf access.
Now that we have disclosed the few 'bads' lets (0 comments)
new port richey: River Ridge, New Port Richey, Florida. A great Golf community to live in - 03/31/10 09:32 PM
River Ridge, New Port Richey, Florida. A great Golf community to live in This subdivision is one of Michael Boyce's developments. His sons have joined the family business, becoming the 4th generation of Builders. Michael Boyce has been named Pasco County's Builder of the Year twice by the local Building Industry. As a Realtor® the River Ridge School District has been the most requested school that buyers have requested from me when they have children, as where they desire to live. Whether it is a place you wish to send your children is of course a very personal decision I (2 comments)
Waters Edge, New Port Richey, Florida Homes For Sale & Distressed Market Report 2009 to now
Waters Edge subdivision of New Port Richey is located Southeast of Golden Acres Estates & West North west of Hidden Lakes, off of Moon Lake road. This makes Waters Edge convenient to the county buildings, downtown as well as the Suncoast Parkway for easy access to the Tampa area. There is also talk that Ridge Rd. is finally going to be extended out to the Suncoast Parkway, if not Interstate 75. Below you will find 32 Active Listings in Waters Edge (0 comments)
new port richey: Hidden Lake Estates, New Port Richey, Florida's Airport Community - 03/27/10 09:42 PM
Hidden Lake Estates, New Port Richey, Florida's Airport Community Hidden Lake Estates is a privately owned & operated airport Airport community ~25 miles north of Tampa developed in 1970 on 400 acres. The original plans were to include a golf course as well, but that failed to materialize. Hidden Lake Estates is just south of Golden Acres Estates and northeast of Gulf Harbors
There are ~150 homes with direct runway access in Hidden Lake Estates. Since the streets are used to taxi to the runway, the county refused to own the roads. Too much liability. Planes have the right of way and you should pull your car into (2 comments)
That is right folks. If you own a horse or are looking to get one after you move, Golden Acres Estates may just be the place for you. There are many lovely homes with acreage in the Subdivision. This is no cookie cutter subdivision of straight parallel & perpendicular roads and unlike a lot of Florida it also has rolling hills. Many of the beautiful lots have water frontage or a water view and pools are popular as well. What I like best about Golden Acres Estates is that (7 comments)
new port richey: Gulf Harbors, New Port Richey, Florida Waterfront subdivision Market Report Feb 2010 - 03/20/10 11:48 PM
Gulf Harbors, New Port Richey, Florida Waterfront subdivision Market Report Feb 2010 Only 4 sales in the Gulf Harbors Gulf Access Waterfront Community in February 2010. While not a stellar showing, considering current market conditions, and how some waterfront communities had ZERO sales in February, things are not so bad in Gulf Harbors. The community with its own private beach may have 20+ months inventory, but at least some of the properties are moving.
This was another community you could not realistically get into for under $300,000 before the market collapse. Looking below, you can see Active's range from $95,000 (4 comments)
new port richey: February 2010 Market Report for New Port Richey, Florida - 03/17/10 09:06 PM
February 2010 Market Report for New Port Richey, Florida Sales are way down. Back in January's report there were actually more solds with less Active's, as well as less units under contract. I would not make too much out of this yet, considering the weather and the economies combined affects. But if this continues and becomes a trend it is not a good sign, so hopefully it is an anomaly. The one thing that has remained constant is that New Port Richey still accounts for, roughly, one third of all West Pasco County Home Sales
Good news is the (5 comments)
new port richey: Golden Acres, New Port Richey, Florida Distressed Real Estate Property Report - 03/16/10 09:31 PM
Golden Acres, New Port Richey, Florida Distressed Real Estate Property Report Well the Sad month of February saw no Sales in Golden Acres. While there are some propeties under contract, there we no closings. Good news though is there are only 28 homes for sale with 4 homes under contract. There is not much inventory, but it is being held up by Distressed properties.
Funny how there are more distressed homes under contract than there are distressed homes for sale. And hte overwhelming majority of homes for sale in Golden Acres, New Port Richey are NOT distressed. That is good (1 comments)
new port richey: March for the Parks 2010, Jay B. Starkey Park, New Port Richey, Florida - 03/09/10 01:32 AM
March for the Parks 2010, Jay B. Starkey Park, New Port Richey, Florida Saturday March 13th at Jay B. Starkey Park will be where it is at. And it looks like some fabulous weather for the event too. Forecasts currently have the thermometer approaching 70* with lots of Sun and only a 20% chance of percipitation. So pack up the family and head on down to New Port Richey's Starkey Park for lots of activities. You can have fun hiking, biking, or kayaking. It will also feature some Green educational areas. Stop by there and learn more about recycling and Rain (0 comments)
new port richey: January 2010 Real Estate Market Update - Gulf Harbors, New Port Richey, FLorida - 03/06/10 12:18 AM
January 2010 Real Estate Market Update - Gulf Harbors, New Port Richey, FLorida Market numbers for the month of January could be interpreted as a pretty poor snapshot of Gulf Harbors, but I would suggest we keep in mind that this is usually a slow time of year. Also, while the home values have been steadily dropping in New Port Richey, Florida it is also true that inventory levels have shot up in the last few weeks.
View Larger Map (0 comments)
new port richey: New Port Richey, Florida Real Estate Market Report for January 2010 - 02/06/10 06:01 PM
New Port Richey, Florida Real Estate Market Report for January 2010 First picture below is the Comparative Market Analysis for ALL Sold waterfront Gulf Access homes in New Port Richey. Only 4 sold, but they did so in a respectable amount of time, and for ~90% of List Price. So if a house is priced right, as you can see, it moves within ~3 months.
Next we have the general breakdown of the New Port Richey Single Family Real Estate Market graph. Here we see that New Port Richey has 11 months of Houses on the market, which isn't too (0 comments)
new port richey: Welcome to Sunsets at Green Key, New Port Richey, FL. - 01/13/10 07:51 PM
Welcome to Sunsets at Green Key, New Port Richey, FL. Those who have read me regularly know that I have recently had to change from Hudson Beach for my sunset photographs to Green Key in New Port Richey. Reason being that the Sunset has fallen behind the Sea Ranch Subdivision. As a result I have moved to Green Key in New Port Richey. More important than that, I recently did an annual market report for New Port Richey, West Pasco County, FL and I was shocked to find out that 1 out of every 3 Real Estate Transactions in West Pasco occurred in New Port Richey. (2 comments)
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