Houses for sale in River Ridge, New Port Richey, Fl & its June 2010 market report

Houses for sale in River Ridge, New Port Richey, Fl & its June 2010 market report

Four months inventory, not too bad.  Actually pretty darn good for Home sales in Pasco County.  Some would attribute this to the fact that River Ridge is highly sought after with buyers, especially families.  River Ridge is the only school district in New Port Richey that I have had the most requests for.

I am surprised at the higher ratios of distressed properties on the market in River Ridge, New Port Richey.  And yet despite that they are closing.  With one of the lowest inventory levels in Pasco County, based on months of inventory, I think this speaks volumes to the quality of owners in the community.

Average days on Market (DOM) for Homes For Sale in River Ridge is ~4 months.  Yet when priced right you will see that the average DOM for homes under contract is 2 months or less.  And the average days on market for Homes that sold in June 2010 in River Ridge New Port Richey was on the market for an average of 63 days.  So if your house is languishing on the market, among other issues, you might want to revisit the list price