Sheri Sperry's Market Report

Rimrock, AZ 86335

Single-Family Homes

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


Rimrock, AZ 86335

Sun May 29 2022
This week the median list price for Rimrock, AZ 86335 is $556,642 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has held steady at or around 19. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Rimrock, AZ 86335

Sun May 29 2022
This week the median list price for Rimrock, AZ 86335 is $556,642 with the market action index hovering around 38. This is less than last month's market action index of 41. Inventory has held steady at or around 19. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Rimrock market.
Median List Price $556,642
Median Price of New Listings $0
Per Square Foot $263
Average Days on Market 79
Median Days on Market 70
Price Decreased 16%
Price Increased 5%
Relisted 16%
Inventory 19
Median Rent
Market Action 38
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$677,038 2,533 0.25 - 0.5 acre 3 3 18 0 0 49
$575,000 1,792 0.25 - 0.5 acre 3 2 0 0 0 70
$540,690 1,749 0.25 - 0.5 acre 3 2 0 0 0 70
$378,500 1,694 0.25 - 0.5 acre 3 2 50 0 0 56