New River & Desert Hills Real Estate Data

This analysis of real estate activity in New River and Desert Hills, AZ (see map below) provides an exclusive view of residential home resales, prices and inventory (see definitions). This monthly analysis, in cooperation with In&Out Magazine, is updated the middle of each month.

New River and Desert Hills are both rural communities, with homes typically sitting on at least an acre and often offering fantastic views. Many lots have have ample space for RV parking, and others accommodate horses. There is no HOA oversight. See also our overview of New River & Desert Hills Neighborhoods.

December 2017 Real Estate Activity

december 2017 real estate activity desert hills & new river

Average sales price in December was up 14% over December 2016, and the number of homes sold was up 22% over the previous December. However, inventory rose to 6.8 months (more than six months is considered a buyer’s market). See list of every home sold below.

(Note that figures can be skewed by a handful of sales in a zone, given the relatively small number of monthly sales.)

total nopho homes sold in 2017 by zone

New River & Desert Hills Sales: December 2017

AddressSold PriceSq. Ft$/Sq. FtBedsBathBuilt
48625 N Fig Springs Rd$120,000672$179211977
47185 N Kelley Rd$133,5001,681$79321997
1119 E Saddle Mountain Rd$365,0002,171$168321997
42219 N 7Th St$405,0002,698$15032.52005
2525 W Photo View Rd$253,7501,233$206321997
49603 N 11Th Ave$165,0001,050$157112017
38238 N 20Th St$372,5001,916$194321993
606 E Tanya Trl$500,0003,431$14643.52003
1306 W Galvin St$580,0002,907$20042.52001
39012 N 33Rd Ave$622,5003,336$187542006
1414 W Galvin St$900,0005,443$16565.52001
37835 N Central Ave$352,5001,708$206321996
2029 W Desert Hills Estate Dr$375,0001,803$208322003
420 W Adamanda Dr$410,0002,359$174422002
311 E Desert Hills Dr$442,0002,225$19932.52017
1604 W Maddock Rd$628,9003,468$18143.52015
37315 N 24Th St$1,225,0004,851$25343.51996
43745 N 12Th St$224,9001,568$143321997
39610 N 12Th St$450,0004,290$10553.52007
50045 N 36Th Ave$250,0001,215$206211978
44410 N 20Th St$495,0002,884$17232.51988
37919 N 9Th Pl$485,0002,551$190432002

Note: The actual price per square foot of any individual house will vary greatly based on many factors including location, upgrades and condition of the property. See definitions of terms below.

north phoenix real estate zones

About This Data

Real estate sales data is from the Arizona Regional Multiple Listing Service and, while not guaranteed, is believed to be accurate.

Average Price of Homes Sold can be skewed by the sale of a single home that is priced well above or below other homes that have sold.

Pricing per Square Foot of any individual house can vary greatly depending on many factors, including location, upgrades and condition of the property.

Sales Activity represents the number of homes that have closed escrow in the given time period.

Inventory represents the number of months it would take to sell all the homes currently listed based on average rate of sales during the previous 6 months, and presuming no additional homes are listed. Less than 6 months is considered a “seller’s market.” As inventory goes down, look for prices to move up. More than 6 months is considered a “buyer’s market.” As inventory goes up, prices will trend down.