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Wednesday, November 6, 2024

New River (unincorporated) home prices fall in January 2018

Realestate1

The median sale price of a home sold in January 2018 in New River (unincorporated) fell by $59,500 while total sales increased by 200%, according to BlockShopper.com.

In January 2018, there were nine homes sold, with a median sale price of $335,000 - a 15.1% decrease over the $394,500 median sale price for the same period of the previous year. There were three homes sold in New River (unincorporated) in January 2017.

The median sales tax in New River (unincorporated) for the most recent year with available data, 2017, was $2,382, approximately 0.7% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Cave Creek10666.7%$456,250$727,500-37.3%
Peoria (unincorporated) 82300%$406,000$345,45017.5%
Scottsdale5705219.4%$399,500$392,0001.9%
Fountain Hills745827.6%$350,000$342,5002.2%
Queen Creek (unincorporated) 81700%$340,000$337,5000.7%
New River (unincorporated) 93200%$335,000$394,500-15.1%
Chandler (unincorporated) 56535.7%$322,500$252,00028%
Surprise (unincorporated) 14-75%$314,900$177,50077.4%
Phoenix (unincorporated) 5863-7.9%$314,700$334,500-5.9%
Uninc-85383/Peoria North412-66.7%$310,000$257,792.5020.3%
Litchfield Park880%$306,500$425,000-27.9%

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