Sheri Sperry's Market Report

Rimrock, AZ 86335

Single-Family Homes

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



Rimrock, AZ 86335

Fri May 29 2020
This week the median list price for Rimrock, AZ 86335 is $239,888 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 21. 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.

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.

Rimrock, AZ 86335

Fri May 29 2020
This week the median list price for Rimrock, AZ 86335 is $239,888 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has held steady at or around 21. 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.

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 Rimrock market.
Median List Price $239,888
Per Square Foot $164
Days on Market 74
Price Decreased 33%
Price Increased 5%
Relisted 14%
Inventory 21
Median Rent
Most Expensive $518,100
Least Expensive $125,000
Market Action 36
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
$354,888 2,068 1 - 2.5 acres 3 3 13 0 0 67
$249,500 1,589 0.5 - 1 acre 3 2 41 1 1 74
$232,500 1,484 0.25 - 0.5 acre 3 2 19 0 0 126
$177,000 1,210 0.5 - 1 acre 2 2 21 3 0 37