Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 425000.00,415000.00,403945.00,369500.00,377400.00,402445.00,420000.00,416000.00,414950.00,425000.00,425000.00,434900.00
- 389900.00,370000.00,344990.00,409175.00,399000.00,394900.00,369900.00,358000.00,384000.00,383950.00,407500.00,360990.00
- 305000.00,354990.00,377499.00,389900.00,399900.00,384900.00,332000.00,399000.00,350000.00,340497.50,374950.00,339990.00
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.
- 5.23,5.59,6.22,6.34,5.89,5.66,5.54,4.98,4.66,4.33,4.02,3.82
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Inventory:
(12 Month History)
- 75,81,86,84,83,82,84,78,82,78,73,71
- 24,29,40,33,23,31,19,21,23,26,16,15
- 17,9,19,27,17,25,19,31,15,16,18,13
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.
- 85.5,160.0,132.1,114.3,100.5,104.8,103.8,83.0,102.3,105.9,120.4,104.1
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Volume:
(12 Month History)
- 48122598,49948114,51693311,48432223,49442525,49351874,50731988,47667613,49269784,47705598,45889511,45789382
- 9096265,10658856,14870930,13628328,9532179,12054498,6765100,8327149,9535093,10488579,7659223,5597240
- 5546889,3305880,6884376,10502968,6943747,10142988,6424797,12588973,5593367,5664734,6486890,4668079
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 326287.59,367320.00,362335.58,388998.81,408455.71,405719.52,338147.21,406095.90,372891.13,354045.88,360382.78,359083.00
- 318834.71,358332.22,356599.47,380587.78,397234.12,398686.20,333820.89,396314.35,364861.73,347694.38,353710.56,351169.92
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.
- 98.9,98.0,98.4,98.0,97.7,98.1,98.9,97.9,98.1,98.3,98.2,97.7
Information is deemed to be reliable, but is not guaranteed. © 2019