Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 418495.00,434950.00,438950.00,432245.00,399900.00,427495.00,430000.00,429990.00,429995.00,409900.00,418900.00,425000.00
- 407500.00,360990.00,352495.00,387450.00,398000.00,375000.00,389990.00,385000.00,381950.00,410000.00,364999.00,385000.00
- 374950.00,339990.00,350000.00,361495.00,374945.00,395000.00,379900.00,377450.00,384950.00,424945.00,371990.00,352500.00
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.
- 3.96,3.66,3.29,3.52,3.04,3.27,3.49,3.27,3.51,3.18,2.99,2.66
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Inventory:
(12 Month History)
- 72,68,62,64,57,60,61,61,64,61,55,49
- 16,15,18,22,27,35,31,33,20,17,13,23
- 18,13,9,16,14,17,31,20,30,22,15,14
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.
- 120.4,104.1,134.9,138.4,79.3,113.9,113.3,66.0,93.0,96.8,92.2,108.4
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Volume:
(12 Month History)
- 45368316,44466187,42130907,42163357,39027869,40716169,41750047,41412737,43554335,41453286,39856216,37618888
- 7565290,5558240,6592690,8641290,10957570,13334288,12477168,13971499,8276688,7670450,4904989,8884530
- 6486890,4668079,3269700,5347420,5052689,6492170,11820090,7699400,11347148,9554389,5483579,5158130
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 360382.78,359083.00,363300.00,334213.75,360906.36,381892.35,381293.23,384970.00,378238.27,434290.41,365571.93,368437.86
- 353710.56,351169.92,344098.33,322611.88,350350.50,374513.71,374858.06,378290.00,373975.67,424829.50,359512.00,362263.57
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.
- 98.2,97.7,94.5,96.1,96.7,98.2,98.1,98.4,98.9,97.4,98.2,98.4
Information is deemed to be reliable, but is not guaranteed. © 2019