About New River Arizona Homes
We Love doing Live VIDEO Previews! Our New River Arizona Homes Buyer Service is FREE! Property Alerts Here 🙂
(See All Other Cities Here)
New River Arizona Homes are found approx 20 minutes North of Phoenix between Anthem and Carefree, Arizona. Your Search Results will appear below showing the “Newest Listings” first.
There are currently (71) active properties available in New River today.
The Median Sales Price in April was $375,000, down -7.2% from $404,000 in April of 2019 and down -2.6% from $384,995 last month. The average sales price in April was $385,941, down -4.1% from $402,631 in April of 2019 and down -0.5% from $387,851 last month. April 2020 ASP was at the lowest level compared to April of 2019 and 2018. (See more Market Report below photos)
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂
Some Real Estate listings in New River, AZ
Monthly Market Report
April property sales were 16, up from 14 in April of 2019 and -50.0% lower than the 32 sales last month. April 2020 sales were at a mid level compared to April of 2019 and 2018. April YTD sales of 76 are running 61.7% ahead of last year's year-to-date sales of 47.
The total inventory of properties available for sale as of April was 33, up 22.2% from 27 last month and down -42.1% from 57 in April of last year. April 2020 Inventory was at the lowest level compared to April of 2019 and 2018.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for April was 38, down from 69 days last month and down from 89 days in April of last year. The April 2020 DOM was at its lowest level compared with April of 2019 and 2018.
Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The April 2020 selling price per square foot of $181 was up 0.6% from $180 last month and up 1.7% from $178 in April of last year.