What cash buyers have been doing here in the last 12 months.
Data last updated
In New River, investors own about 67 tracked properties across 37 active buyers, with a median investor purchase price near $210,000. 17 were acquired in the last 12 months.
The trend is downward: 17 purchases against 25 the prior year, a decline of about 32%. Deals take longer to place here, and sellers who price for last year's market will sit.
The dominant play is buy & hold, at 78.9% of tracked activity. Buy-and-hold capital prices for yield rather than resale margin, so rent support matters more to these buyers than after-repair comps.
Typical construction year on investor-owned property is 1999. Only about 11.5% predates 1980, so the stock skews newer and rehab scopes tend to be lighter.
Deal flow clusters in 85087, 85086 and 85067. Those ZIPs lead New River on investor purchases, so they repay attention first before working outward through the rest of the city.
There are 37 buyers paying cash in New River today, against a standing position of about 67 properties. Fewer than 0.5 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.
Investors here buy at a median of $210,000. The average of $1,910,000 sits well above it, so a tail of higher-priced deals is pulling the mean up — most activity happens below the average, and pricing off the median is the safer read.
All figures above reflect recorded transactions in this city and update as records are processed. Past activity only — nothing here is a forecast or investment advice.