Sheri Sperry's Market Report

Rimrock, AZ 86335

Single-Family Homes

Coldwell Banker Realty - Sedona | (928) 274-7355 | Sheri@SellSedona.com



Rimrock, AZ 86335

Sat Jan 16 2021
This week the median list price for Rimrock, AZ 86335 is $225,000 with the market action index hovering around 66. This is less than last month's market action index of 70. Inventory has held steady at or around 5. Click here to stay informed with the Rimrock market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. 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.

Rimrock, AZ 86335

Sat Jan 16 2021
This week the median list price for Rimrock, AZ 86335 is $225,000 with the market action index hovering around 66. This is less than last month's market action index of 70. Inventory has held steady at or around 5. Click here to stay informed with the Rimrock market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. 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 Rimrock market.
Median List Price $225,000
Per Square Foot $159
Days on Market 71
Price Decreased 40%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent $1,475
Most Expensive $1,395,000
Least Expensive $165,000
Market Action 66
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,395,000 4,294 10 - 20 acres 3 3 13 0 1 147
$350,000 2,056 1 - 2.5 acres 3 3 37 0 1 56
$225,000 1,408 0.25 - 0.5 acre 2 2 36 0 2 56
$166,500 1,145 0.25 - 0.5 acre 2 1 30 0 0 49