Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
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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.
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New River Inventory:
(12 Month History)
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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.
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New River Volume:
(12 Month History)
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Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
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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.
- 98.7,99.4,95.5,98.3,96.9,97.8,98.4,98.0,93.5,95.7,96.6,98.1
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