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New River Market Report

$637,227

AVERAGE PRICE OF 69 HOMES

$389,950

AVERAGE PRICE OF 2 DISTRESSED HOMES

$16,000,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$449,945

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$1,873,700

AVERAGE PRICE OF 11 HOMES WITH A POOL

$429,950

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $637,227
Avg Bedrooms 3.65 beds
Avg Bathrooms 2.53 baths

Average Price by Bedrooms

2 bedrooms $291,633
3 bedrooms $381,303
4 bedrooms $1,026,673
5 bedrooms $421,754
New River Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 66 65 67 76 80
Average Price $656,838 $670,528 $654,536 $618,660 $610,898
Avg Price Change -2.08% +2.44% +5.80% +1.27% +1.40%
Median Price $431,456 $436,939 $432,816 $415,417 $422,524
Med Price Change -1.27% +0.95% +4.19% -1.71% +0.17%
Avg Bedrooms 3.67 beds 3.67 beds 3.68 beds 3.72 beds 3.71 beds
Avg Bathrooms 2.63 baths 2.67 baths 2.65 baths 2.62 baths 2.62 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Barry Goldwater High School 1 $659,000 36 days
Boulder Creek Elementary School - Phoenix 1 $326,000 14 days
Boulder Creek High School 61 $660,852 96 days
Deer Valley High School 4 $445,700 122 days
Desert Mountain High School 1 $520,000 193 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 69 $637,227 96 days
Distressed Homes 2 $389,950 26 days
Multi-Million Dollar Homes 1 $16,000,000 716 days
Newly Built Homes 15 $449,945 100 days
Homes with a Pool 11 $1,873,700 138 days
Reduced Price Homes 2 $429,950 76 days

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Keller Williams Arizona Realty
Andrew Bloom
7400 E Pinnacle Peak Rd, Suite 100
Scottsdale, AZ 85255
480-526-4601

© 2019 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Arizona Realty are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. March 20, 2019
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