New River Market Report
$679,120
AVERAGE PRICE OF 75 HOMES$485,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,150,000
AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES$751,053
AVERAGE PRICE OF 12 NEWLY BUILT HOMES$731,846
AVERAGE PRICE OF 15 HOMES WITH A POOL$683,057
AVERAGE PRICE OF 7 REDUCED PRICE HOMESAverage Home
| Average Price | $679,120 |
| Avg Bedrooms | 3.69 beds |
| Avg Bathrooms | 2.48 baths |
Average Price by Bedrooms
| 2 bedrooms | $299,950 |
| 3 bedrooms | $650,870 |
| 4 bedrooms | $743,966 |
| 5 bedrooms | $657,875 |
New River Home Price Trends
| 8/2022 | 7/2022 | 6/2022 | 5/2022 | 4/2022 | |
|---|---|---|---|---|---|
| Total Listings | 72 | 62 | n/a | n/a | n/a |
| Average Price | $691,485 | $709,804 | n/a | n/a | n/a |
| Avg Price Change | -2.65% | n/a | n/a | n/a | n/a |
| Median Price | $694,735 | $719,350 | n/a | n/a | n/a |
| Med Price Change | -3.54% | n/a | n/a | n/a | n/a |
| Avg Bedrooms | 3.77 beds | 3.73 beds | n/a | n/a | n/a |
| Avg Bathrooms | 2.56 baths | 2.58 baths | n/a | n/a | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Anthem School | 2 | $707,450 | 91 days |
| Boulder Creek High School | 70 | $678,634 | 70 days |
| Canyon Springs | 1 | $554,900 | 48 days |
| Deer Valley High School | 1 | $759,900 | 72 days |
| Sandra Day Oconnor High School | 1 | $699,900 | 27 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 75 | $679,120 | 70 days |
| Distressed Homes | 1 | $485,000 | 57 days |
| Multi-Million Dollar Homes | 1 | $1,150,000 | 77 days |
| Newly Built Homes | 12 | $751,053 | 98 days |
| Homes with a Pool | 15 | $731,846 | 65 days |
| Reduced Price Homes | 7 | $683,057 | 53 days |
