Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 639900.00,659949.50,635000.00,699000.00,727500.00,692000.00,730000.00,677450.00,684495.00,675000.00,675000.00,685000.00
- 612250.00,590450.00,556000.00,625000.00,657450.00,675000.00,604450.00,685000.00,675000.00,624450.00,697400.00,552500.00
- 569900.00,599500.00,599000.00,564900.00,612500.00,639900.00,650000.00,637000.00,675000.00,587000.00,675000.00,629500.00
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.
- 1.73,1.19,1.01,0.66,0.78,0.96,1.27,1.71,2.62,3.1,3.03,3.44
Information is deemed to be reliable, but is not guaranteed. © 2022
New River Inventory:
(12 Month History)
- 37,26,23,15,18,22,29,38,54,63,60,63
- 22,16,15,20,22,27,26,30,28,28,24,16
- 27,23,21,17,18,21,15,12,19,14,9,14
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.
- 45.3,87.6,58.0,67.5,39.7,42.3,30.9,25.0,58.8,45.6,29.4,63.5
Information is deemed to be reliable, but is not guaranteed. © 2022
New River Volume:
(12 Month History)
- 24884393,17924489,14851588,10823508,12677608,15855098,20582939,25777190,38196580,42513319,40168478,42293587
- 13887400,9883199,8889900,12891208,13944600,18660391,16692999,21224500,17932990,17029639,16295799,9184599
- 15217675,14024100,12965700,10236404,10942798,13871400,10030600,7880901,12904408,8345500,5723900,9149100
Information is deemed to be reliable, but is not guaranteed. © 2022
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 563617.59,609743.48,617414.29,602141.41,607933.22,660542.86,668706.67,656741.75,679179.37,596107.14,635988.89,653507.14
- 562828.63,597191.30,618142.62,602447.29,607888.89,669766.67,678180.00,654866.75,674525.37,575214.29,611611.11,640521.43
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.
- 99.8,97.6,100.5,100.3,100.2,101.3,101.6,99.6,99.4,95.2,97.4,98.3
Information is deemed to be reliable, but is not guaranteed. © 2022