Note: These charts represent the last 12-months of activity on residential real estate in New River.
New River Home Prices:
(12 Month History)
- 674950.00,682500.00,684500.00,674900.00,675000.00,687000.00,704988.50,714950.00,710000.00,685000.00,704988.50,697450.00
- 650000.00,694000.00,679000.00,700000.00,642000.00,689000.00,692450.00,685147.00,625000.00,617500.00,724900.00,672450.00
- 650000.00,628000.00,662450.00,581450.00,695000.00,554950.00,549999.00,614500.00,599000.00,612500.00,619950.00,584450.00
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.
- 2.89,2.43,2.6,2.25,3.33,3.79,4.29,5.06,4.48,5.45,6.17,6.09
Information is deemed to be reliable, but is not guaranteed. © 2024
New River Inventory:
(12 Month History)
- 38,32,34,29,43,48,54,62,53,65,72,70
- 17,5,11,17,24,23,20,19,27,28,23,22
- 9,10,10,14,10,8,15,12,17,10,10,14
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.
- 123.9,122.1,58.4,73.4,69.2,63.6,65.9,62.5,56.6,78.9,52.2,77.9
Information is deemed to be reliable, but is not guaranteed. © 2024
New River Volume:
(12 Month History)
- 26268500,21423600,29339199,26575199,36893849,41468324,48380479,54537605,41006499,46827585,54174168,53230291
- 11234400,9768999,7477800,13126800,15769749,16510880,15117200,13132623,19027329,18050889,18537682,14726950
- 5641400,6124698,6262800,8720600,6598900,4453600,8818649,8239400,11003744,6538047,6141800,9740990
Information is deemed to be reliable, but is not guaranteed. © 2024
Comparison of Homes Sold – List Price to Sold Price:
(12 Month History)
- 626822.22,612469.80,626280.00,622900.00,659890.00,556700.00,587909.93,686616.67,647279.06,653804.70,614180.00,695785.00
- 631666.67,606680.00,610500.00,616214.29,645250.00,547712.50,578587.93,674333.33,632500.00,646077.70,591120.00,683457.14
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.
- 101.3,99.0,97.7,99.1,97.6,98.5,98.3,98.4,97.7,99.7,96.0,98.5
Information is deemed to be reliable, but is not guaranteed. © 2024