Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 411000.00,410000.00,425000.00,418495.00,434950.00,438950.00,432245.00,399900.00,429990.00,437000.00,431490.00,435995.00
- 384000.00,380000.00,383950.00,407500.00,360990.00,352495.00,387450.00,398000.00,375000.00,390000.00,385000.00,389950.00
- 399000.00,350000.00,340497.50,374950.00,339990.00,350000.00,361495.00,374945.00,395000.00,379900.00,377450.00,384950.00
Information is deemed to be reliable, but is not guaranteed. © 2019
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.
- 4.98,4.61,4.28,3.96,3.66,3.29,3.52,3.04,3.33,3.54,3.32,3.62
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Inventory:
(12 Month History)
- 78,81,77,72,68,62,64,57,61,62,62,66
- 20,23,26,16,15,18,22,27,35,31,33,20
- 31,15,16,18,13,9,16,14,17,31,20,30
Information is deemed to be reliable, but is not guaranteed. © 2019
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.
- 83.0,102.3,105.9,120.4,104.1,134.9,138.4,79.3,113.9,113.3,66.0,93.0
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Volume:
(12 Month History)
- 47588761,48831022,47259836,45368316,44466187,42130907,42163357,39027869,41225669,42342447,42059738,44506836
- 7997249,9505083,10455579,7565290,5558240,6592690,8641290,10977070,13354288,12572369,14031299,8327688
- 12588973,5593367,5664734,6486890,4668079,3269700,5347420,5052689,6492170,11820090,7699400,11347148
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 406095.90,372891.13,354045.88,360382.78,359083.00,363300.00,334213.75,360906.36,381892.35,381293.23,384970.00,378238.27
- 396733.71,364861.73,347694.38,353710.56,351169.92,344098.33,322611.88,350350.50,374513.71,374858.06,378290.00,373075.67
Information is deemed to be reliable, but is not guaranteed. © 2019
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.
- 97.9,98.1,98.3,98.2,97.7,94.5,96.1,96.7,98.2,98.1,98.4,98.7
Information is deemed to be reliable, but is not guaranteed. © 2019