Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 402445.00,413500.00,411000.00,410000.00,425000.00,418495.00,434950.00,438950.00,432245.00,399900.00,429990.00,435000.00
- 394900.00,369900.00,384000.00,380000.00,383950.00,407500.00,360990.00,353945.00,387450.00,398000.00,375000.00,397750.00
- 384900.00,332000.00,399000.00,350000.00,340497.50,374950.00,339990.00,350000.00,361495.00,374945.00,395000.00,379900.00
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.
- 5.66,5.54,4.98,4.61,4.28,3.96,3.66,3.29,3.52,3.09,3.44,3.71
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Inventory:
(12 Month History)
- 82,84,78,81,77,72,68,62,64,58,63,65
- 31,19,20,23,26,16,15,18,22,27,35,32
- 25,19,31,15,16,18,13,9,16,14,17,31
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.
- 104.8,103.8,83.0,102.3,105.9,120.4,104.1,134.9,138.4,79.3,113.9,113.3
Information is deemed to be reliable, but is not guaranteed. © 2019
New River Volume:
(12 Month History)
- 49273022,50653136,47588761,48831022,47259836,45368316,44466187,42133807,42156257,39458169,42112869,43610548
- 12034498,6765100,7997249,9505083,10455579,7565290,5558240,6585590,8641290,11067470,13383289,13240270
- 10142988,6424797,12588973,5593367,5664734,6486890,4668079,3269700,5347420,5052689,6492170,11820090
Information is deemed to be reliable, but is not guaranteed. © 2019
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 405719.52,338147.21,406095.90,372891.13,354045.88,360382.78,359083.00,363300.00,334213.75,360906.36,381892.35,381293.23
- 398686.20,333820.89,396733.71,364861.73,347694.38,353710.56,351169.92,344098.33,322611.88,350350.50,374513.71,374858.06
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.
- 98.1,98.9,97.9,98.1,98.3,98.2,97.7,94.5,96.1,96.7,98.2,98.1
Information is deemed to be reliable, but is not guaranteed. © 2019