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Thursday, November 7, 2024

New River (unincorporated) home prices rise in 2017

Realestate077

The median sale price of a home sold in 2017 in New River (unincorporated) rose by $9,000 while total sales remained unchanged with 84 homes sold, according to BlockShopper.com.

From January through December of 2017, there were 84 homes sold, with a median sale price of $324,000 - a 2.9% increase over the $315,000 median sale price for the previous year. There were 84 homes sold in New River (unincorporated) in 2016, as well.

The median sales tax in New River (unincorporated) for 2017 was $2,382. In 2016, the median sales tax was $2,158. This marks an increase of 10.4%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.7%.

The following table compares New River (unincorporated) to other Maricopa County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Uninc-85262/Tonto National Forest45427.1%$392,261$438,539-10.6%
Goodyear (unincorporated) 610-40%$363,500$301,25020.7%
Fountain Hills9228943.1%$345,000$315,0009.5%
Queen Creek (unincorporated) 585113.7%$342,500$339,0001%
Laveen (unincorporated) 3545-22.2%$325,000$271,00019.9%
New River (unincorporated) 84840%$324,000$315,0002.9%
Phoenix (unincorporated) 1,0209705.2%$317,000$291,0008.9%
Queen Creek1,0971,098-0.1%$316,657$299,008.505.9%
Uninc-85351/Sun City-Youngtown978612.8%$303,506$241,92225.5%
Wickenburg (unincorporated) 322910.3%$300,000$233,75028.3%
Gilbert5,4505,742-5.1%$290,000$270,0007.4%

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