The First American Title Market Report

New River, AZ

Single-Family Homes

Arizona Direct Operations



New River, AZ

Tue Oct 20 2020
This week the median list price for New River, AZ is $479,900 with the market action index hovering around 72. This is an increase over last month's market action index of 64. Inventory has held steady at or around 15. Click here to stay informed with the New River market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

New River, AZ

Tue Oct 20 2020
This week the median list price for New River, AZ is $479,900 with the market action index hovering around 72. This is an increase over last month's market action index of 64. Inventory has held steady at or around 15. Click here to stay informed with the New River market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the New River market.
Median List Price $479,900
Per Square Foot $197
Days on Market 133
Price Decreased 27%
Price Increased 13%
Relisted 0%
Inventory 15
Median Rent $1,885
Most Expensive $16,000,000
Least Expensive $364,900
Market Action 72
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$998,000 5,054 2.5 - 5 acres 4 2 23 0 1 282
$622,500 4,320 0.5 - 1 acre 5 3 14 1 2 194
$467,500 2,139 0.5 - 1 acre 3 2 7 1 2 52
$372,450 2,106 0.5 - 1 acre 3 2 14 2 2 38