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)
  • 669000.00,652500.00,656000.00,669000.00,656000.00,665000.00,653000.00,674950.00,690000.00,690000.00,684450.00,705000.00
  • 634500.00,624990.00,642500.00,624950.00,665000.00,650000.00,649500.00,650000.00,694000.00,679000.00,700000.00,689900.00
  • 699900.00,600000.00,689000.00,599500.00,615000.00,547500.00,699999.00,650000.00,628000.00,662450.00,581450.00,695000.00

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 3.02,3.81,3.02,2.78,2.98,3.31,2.72,2.73,2.2,2.37,2.01,3.25

Information is deemed to be reliable, but is not guaranteed. © 2024


New River Inventory:

(12 Month History)
  • 41,48,39,37,39,43,36,36,29,31,26,42
  • 20,15,20,18,19,13,20,17,5,11,17,25
  • 9,19,17,16,13,12,13,9,10,10,14,10

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 62.6,103.4,90.4,72.4,54.8,54.6,58.5,123.9,122.1,58.4,73.4,69.2

Information is deemed to be reliable, but is not guaranteed. © 2024


New River Volume:

(12 Month History)
  • 35394592,39608038,34243455,32960891,26032773,29127448,24151549,25044600,19559700,27475299,24905899,37472393
  • 13125799,9513389,12935014,10928822,13415699,7513222,12925500,11244400,9768999,7472400,13507694,17111700
  • 6341476,11757500,10954775,9165790,8664116,6746549,8796698,5641400,6124698,6262800,8720600,6598900

Information is deemed to be reliable, but is not guaranteed. © 2024


Comparison of Homes Sold – List Price to Sold Price:

(12 Month History)
  • 704608.44,618815.79,644398.53,572861.88,666470.46,562212.42,676669.08,626822.22,612469.80,626280.00,622900.00,659890.00
  • 682741.78,605036.84,636613.35,557166.25,658818.00,546774.92,666788.85,631666.67,606680.00,610500.00,616214.29,645250.00

Information is deemed to be reliable, but is not guaranteed. © 2024


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.
  • 96.8,97.3,100.4,97.6,99.0,96.6,98.6,101.3,99.0,97.7,99.1,97.6

Information is deemed to be reliable, but is not guaranteed. © 2024