New River MLS Statistics

Note: These charts represent the last 12-months of activity on residential real estate in New River.

New River Home Prices:

(12 Month History)
  • 620000.00,599900.00,669999.00,639900.00,659949.50,635000.00,699000.00,727500.00,692000.00,730000.00,682450.00,727450.00
  • 507500.00,574900.00,632777.00,612250.00,590450.00,556000.00,625000.00,657450.00,675000.00,604450.00,687000.00,689990.00
  • 504450.00,550000.00,548750.00,569900.00,599500.00,599000.00,564900.00,612500.00,639900.00,650000.00,637000.00,675000.00

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 2.01,1.98,1.55,1.73,1.19,1.01,0.66,0.78,0.96,1.27,1.71,2.62

Information is deemed to be reliable, but is not guaranteed. © 2022


New River Inventory:

(12 Month History)
  • 42,41,33,37,26,23,15,18,22,29,38,54
  • 28,29,23,22,16,15,20,22,27,26,30,27
  • 20,27,24,27,23,21,17,18,21,15,12,19

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 31.9,47.1,31.9,45.3,87.6,58.0,67.5,39.7,42.3,30.9,25.0,58.8

Information is deemed to be reliable, but is not guaranteed. © 2022


New River Volume:

(12 Month History)
  • 26301702,25635990,22660793,24984393,18024489,14951588,10923508,12777608,16110108,20982949,26474300,39446680
  • 15546100,17218088,14366477,13887400,9883199,8889900,12891208,13944600,18934401,16793099,21762490,18072990
  • 10640500,15339000,13649815,15217675,14024100,12965700,10236404,10942798,13871400,10030600,7880901,12904408

Information is deemed to be reliable, but is not guaranteed. © 2022


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 532025.00,568111.11,568742.29,563617.59,609743.48,617414.29,602141.41,607933.22,660542.86,668706.67,656741.75,679179.37
  • 530207.50,560940.74,565479.83,562828.63,597191.30,618142.62,602447.29,607888.89,669766.67,678180.00,654866.75,674525.37

Information is deemed to be reliable, but is not guaranteed. © 2022


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.
  • 99.7,98.5,99.4,99.8,97.6,100.5,100.3,100.2,101.3,101.6,99.6,99.4

Information is deemed to be reliable, but is not guaranteed. © 2022