Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 682500.00,684500.00,674900.00,675000.00,675000.00,704500.00,714950.00,710000.00,675000.00,710000.00,695000.00,687896.00
- 694000.00,679000.00,700000.00,642000.00,675000.00,692450.00,685147.00,625000.00,617500.00,727488.50,669450.00,640000.00
- 628000.00,662450.00,581450.00,695000.00,554950.00,549999.00,614500.00,599000.00,612500.00,619950.00,584450.00,697000.00
Information is deemed to be reliable, but is not guaranteed. © 2024
New River Absorption Rate:
(12 Month History)
This rate represents the number of months it would take to deplete the current inventory with no new listings. The absorption rate in a balanced market is typically between 5 – 7 months. A higher number would reflect more of a buyer’s market and a lower number a seller’s market.
- 2.43,2.6,2.25,3.33,3.79,4.29,5.06,4.48,5.45,6.09,5.83,5.7
Information is deemed to be reliable, but is not guaranteed. © 2024
New River Inventory:
(12 Month History)
- 32,34,29,43,48,54,62,53,65,71,67,66
- 5,11,17,24,23,20,19,27,28,22,22,11
- 10,10,14,10,8,15,12,17,10,10,14,12
Information is deemed to be reliable, but is not guaranteed. © 2024
Average Days on Market in New River:
(12 Month History)
This number represents the average number of days between the original listing date and the “under contract” date among the homes sold in a given month.
- 122.1,58.4,73.4,69.2,63.6,65.9,62.5,56.6,78.9,52.2,77.9,83.0
Information is deemed to be reliable, but is not guaranteed. © 2024
New River Volume:
(12 Month History)
- 21398700,29314299,26550299,36868949,41413447,48325602,54482728,40891623,46722708,53393192,51181738,54411680
- 9768999,7477800,13126800,15764749,16485903,15117200,13132623,18997329,17955888,17974483,14506105,13336689
- 6124698,6262800,8720600,6598900,4453600,8818649,8239400,11003744,6538047,6141800,9740990,7905900
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 612469.80,626280.00,622900.00,659890.00,556700.00,587909.93,686616.67,647279.06,653804.70,614180.00,695785.00,658825.00
- 606680.00,610500.00,616214.29,645250.00,547712.50,578587.93,674333.33,632500.00,646077.70,591120.00,683457.14,646166.67
Information is deemed to be reliable, but is not guaranteed. © 2024
Sale to List Price Ratio:
(12 Month History)
This ratio represents the average percentage of the list price that sellers accepted in a given month.
- 99.0,97.7,99.1,97.6,98.5,98.3,98.4,97.7,99.7,96.0,98.5,98.2
Information is deemed to be reliable, but is not guaranteed. © 2024