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Rimrock, AZ 86335

Single-Family Homes

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Rimrock, AZ 86335

Thu Jan 09 2025
This week the median list price for Rimrock, AZ 86335 is $388,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 14. 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 Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Rimrock, AZ 86335

Thu Jan 09 2025
This week the median list price for Rimrock, AZ 86335 is $388,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 14. 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 Narrative

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Rimrock market.
Median List Price $388,500
Median Price of New Listings $0
Per Square Foot $270
Average Days on Market 148
Median Days on Market 105
Price Decreased 43%
Price Increased 0%
Relisted 21%
Inventory 14
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in 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
$895,000 2,470 1 - 2.5 acres 3 1 31 0 0 105
$535,000 2,090 0.25 - 0.5 acre 3 2 2 0 0 231
$383,500 1,737 0.25 - 0.5 acre 3 1.5 18 0 0 140
$342,000 1,090 0.25 - 0.5 acre 3 1 27 0 0 56