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New River Market Report

$614,380

AVERAGE PRICE OF 81 HOMES

$16,000,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$432,903

AVERAGE PRICE OF 18 NEWLY BUILT HOMES

$1,177,872

AVERAGE PRICE OF 22 HOMES WITH A POOL

$396,663

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $614,380
Avg Bedrooms 3.69 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

2 bedrooms $328,000
3 bedrooms $434,980
4 bedrooms $834,273
5 bedrooms $388,074
New River Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 78 79 71 66 65
Average Price $624,186 $612,885 $629,707 $656,838 $670,528
Avg Price Change +1.84% -2.74% -4.31% -2.08% +2.44%
Median Price $426,656 $408,000 $405,040 $431,456 $436,939
Med Price Change +4.57% +0.73% -6.52% -1.27% +0.95%
Avg Bedrooms 3.66 beds 3.65 beds 3.68 beds 3.67 beds 3.67 beds
Avg Bathrooms 2.56 baths 2.52 baths 2.55 baths 2.63 baths 2.67 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Anthem School 1 $363,900 21 days
Boulder Creek Elementary School - Phoenix 1 $530,000 70 days
Boulder Creek High School 75 $630,867 79 days
Bret R. Tarver 1 $380,000 36 days
Deer Valley High School 2 $360,000 19 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 81 $614,380 75 days
Multi-Million Dollar Homes 1 $16,000,000 804 days
Newly Built Homes 18 $432,903 75 days
Homes with a Pool 22 $1,177,872 71 days
Reduced Price Homes 3 $396,663 42 days
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. June 16, 2019