First American Title Market Report

Rio Verde, AZ 85263

Single-Family Homes



Rio Verde, AZ 85263

Thu Sep 21 2023
This week the median list price for Rio Verde, AZ 85263 is $899,000 with the market action index hovering around 44. This is less than last month's market action index of 49. Inventory has increased to 41. Click here to stay informed with the Rio Verde market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Rio Verde, AZ 85263

Thu Sep 21 2023
This week the median list price for Rio Verde, AZ 85263 is $899,000 with the market action index hovering around 44. This is less than last month's market action index of 49. Inventory has increased to 41. Click here to stay informed with the Rio Verde market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Rio Verde market.
Median List Price $899,000
Median Price of New Listings $859,000
Per Square Foot $403
Average Days on Market 67
Median Days on Market 49
Price Decreased 29%
Price Increased 2%
Relisted 7%
Inventory 41
Median Rent
Market Action 44
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,485,000 3,420 0.5 - 1 acre 3 4 6 1 0 49
$1,187,500 2,797 0.25 - 0.5 acre 3 3 13 1 0 42
$839,500 2,202 0.25 - 0.5 acre 3 2 5 2 1 45
$672,390 1,858 1 - 2.5 acres 3 2 0 1 0 63