Sheri Sperry's Market Report

Rimrock, AZ 86335

Single-Family Homes

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



Rimrock, AZ 86335

Thu Sep 21 2023
This week the median list price for Rimrock, AZ 86335 is $546,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 18. 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

Thu Sep 21 2023
This week the median list price for Rimrock, AZ 86335 is $546,000 with the market action index hovering around 35. This is less than last month's market action index of 37. Inventory has decreased to 18. 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 $546,000
Median Price of New Listings $0
Per Square Foot $270
Average Days on Market 121
Median Days on Market 63
Price Decreased 56%
Price Increased 11%
Relisted 39%
Inventory 18
Median Rent
Market Action 35
Slight Seller's Advantage

We continue to see prices in this zip code bounce 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
$742,480 2,490 1 - 2.5 acres 3 2.8 9 0 0 196
$611,000 2,021 0.5 - 1 acre 3 2 1 0 1 49
$525,000 1,749 0.25 - 0.5 acre 3 2 2 0 0 35
$325,000 1,531 0.25 - 0.5 acre 3 2 22 0 0 49