Sheri Sperry's Market Report

Rimrock, AZ 86335

Single-Family Homes

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



Rimrock, AZ 86335

Wed May 22 2024
This week the median list price for Rimrock, AZ 86335 is $467,000 with the market action index hovering around 44. This is an increase over last month's market action index of 36. Inventory has decreased to 16. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Rimrock, AZ 86335

Wed May 22 2024
This week the median list price for Rimrock, AZ 86335 is $467,000 with the market action index hovering around 44. This is an increase over last month's market action index of 36. Inventory has decreased to 16. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Rimrock market.
Median List Price $467,000
Median Price of New Listings $536,500
Per Square Foot $270
Average Days on Market 199
Median Days on Market 133
Price Decreased 75%
Price Increased 13%
Relisted 38%
Inventory 16
Median Rent
Market Action 44
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
$599,480 2,188 0.25 - 0.5 acre 3 2.5 1 2 0 290
$509,500 1,770 0.25 - 0.5 acre 3 2 2 1 1 276
$439,249 1,897 0.25 - 0.5 acre 3 2 20 1 1 115
$322,394 1,316 8,000 - 10,000 sqft 3 2 38 0 1 98