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Wednesday, November 6, 2024

New River (unincorporated) home prices rise in February 2018

Realestate2

The median sale price of a home sold in February 2018 in New River (unincorporated) rose by $232,500 while total sales decreased by 80%, according to BlockShopper.com.

In February 2018, there were two homes sold, with a median sale price of $532,500 - a 77.5% increase over the $300,000 median sale price for the same period of the previous year. There were 10 homes sold in New River (unincorporated) in February 2017.

The median sales tax in New River (unincorporated) for the most recent year with available data, 2017, was $2,382, approximately 0.4% of the median home sale price for February 2018.

The following table compares New River (unincorporated) to other Maricopa County cities with similar median sales prices in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Paradise Valley (unincorporated) 20-$1,466,250$0-
Carefree715-53.3%$750,000$320,000134.4%
Gilbert (unincorporated)21100%$583,750$374,90055.7%
Cave Creek (unincorporated) 411-63.6%$564,000$490,00015.1%
Uninc-85262/Tonto National Forest62200%$554,500$496,68011.6%
New River (unincorporated) 210-80%$532,500$300,00077.5%
Cave Creek73133.3%$520,000$539,900-3.7%
Scottsdale (unincorporated) 12933.3%$500,000$470,0006.4%
Rio Verde (unincorporated) 68-25%$475,000$415,00014.5%
Scottsdale59151514.8%$420,000$379,00010.8%
Peoria (unincorporated) 46-33.3%$395,000$489,500-19.3%

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