Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 403945.00,369500.00,377400.00,399495.00,413500.00,411000.00,404900.00,422000.00,400000.00,435000.00,439000.00,434500.00
- 344990.00,409175.00,399000.00,389900.00,369900.00,384000.00,384000.00,383950.00,407500.00,360990.00,357445.00,384900.00
- 377499.00,389900.00,399900.00,384900.00,332000.00,399000.00,350000.00,340497.50,374950.00,339990.00,350000.00,361495.00
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.
- 6.22,6.34,5.89,5.66,5.54,4.98,4.61,4.22,3.91,3.61,3.24,3.47
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Inventory:
(12 Month History)
- 86,84,83,82,84,78,81,76,71,67,61,63
- 40,33,23,31,19,20,23,26,16,15,18,21
- 19,27,17,25,19,31,15,16,18,13,9,16
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.
- 132.1,114.3,100.5,104.8,103.8,83.0,102.3,105.9,120.4,104.1,134.9,138.4
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Volume:
(12 Month History)
- 51693311,48432223,49440525,49302924,50683038,47618663,48946934,46915749,45024229,44142100,41816720,41898070
- 14870930,13628328,9525229,12012498,6765100,8037249,9551093,10455579,7565290,5578240,6611590,8271290
- 6884376,10502968,6943747,10142988,6424797,12588973,5593367,5664734,6486890,4668079,3269700,5347420
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 362335.58,388998.81,408455.71,405719.52,338147.21,406095.90,372891.13,354045.88,360382.78,359083.00,363300.00,334213.75
- 356599.47,380587.78,397234.12,398686.20,333820.89,396314.35,364861.73,347694.38,353710.56,351169.92,344098.33,322611.88
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.
- 98.4,98.0,97.7,98.1,98.9,97.9,98.1,98.3,98.2,97.7,94.5,96.1
Information is deemed to be reliable, but is not guaranteed. © 2019