Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 652500.00,656000.00,669000.00,656000.00,665000.00,653000.00,674950.00,690000.00,690000.00,684450.00,695000.00,722500.00
- 624990.00,642500.00,624950.00,665000.00,650000.00,649500.00,650000.00,694000.00,679000.00,700000.00,679900.00,749999.00
- 600000.00,689000.00,599500.00,615000.00,547500.00,699999.00,650000.00,628000.00,662450.00,581450.00,695000.00,554950.00
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.
- 3.81,3.02,2.78,2.98,3.31,2.72,2.73,2.2,2.37,2.01,3.25,3.95
Information is deemed to be reliable, but is not guaranteed. © 2024
New River Inventory:
(12 Month History)
- 48,39,37,39,43,36,36,29,31,26,42,50
- 15,20,18,19,13,20,17,5,11,17,25,21
- 19,17,16,13,12,13,9,10,10,14,10,8
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.
- 103.4,90.4,72.4,54.8,54.6,58.5,123.9,122.1,58.4,73.4,69.2,63.6
Information is deemed to be reliable, but is not guaranteed. © 2024
New River Volume:
(12 Month History)
- 39608038,34243455,32960891,26017873,29112548,24136649,25009700,19523800,27439399,24775399,37157868,44175366
- 9513389,12935014,10928822,13400799,7513222,12905500,11243400,9768999,7477800,13372694,16933675,15633402
- 11757500,10954775,9165790,8664116,6746549,8796698,5641400,6124698,6262800,8720600,6598900,4453600
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 618815.79,644398.53,572861.88,666470.46,562212.42,676669.08,626822.22,612469.80,626280.00,622900.00,659890.00,556700.00
- 605036.84,636613.35,557166.25,658818.00,546774.92,666788.85,631666.67,606680.00,610500.00,616214.29,645250.00,547712.50
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.
- 97.3,100.4,97.6,99.0,96.6,98.6,101.3,99.0,97.7,99.1,97.6,98.5
Information is deemed to be reliable, but is not guaranteed. © 2024