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 Jul 20 2024
This week the median list price for Rimrock, AZ 86335 is $449,499 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 26. 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 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 Jul 20 2024
This week the median list price for Rimrock, AZ 86335 is $449,499 with the market action index hovering around 37. This is less than last month's market action index of 38. Inventory has increased to 26. 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 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 $449,499
Median Price of New Listings $345,000
Per Square Foot $268
Average Days on Market 152
Median Days on Market 63
Price Decreased 46%
Price Increased 4%
Relisted 19%
Inventory 26
Median Rent
Market Action 37
Slight Seller's Advantage

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.

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
$622,480 2,306 0.5 - 1 acre 3 2.5 13 0 0 63
$484,500 1,594 0.5 - 1 acre 3 2 37 0 1 66
$448,344 1,716 8,000 - 10,000 sqft 3 2 10 0 0 126
$375,000 1,352 8,000 - 10,000 sqft 3 2 27 1 0 28