First Integrity Title Market Report

Rio Verde, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 888-636-0372



Rio Verde, AZ

Tue May 28 2024
This week the median list price for Rio Verde, AZ is $575,000 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has decreased to 15. Click here to stay informed with the Rio Verde 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.

Rio Verde, AZ

Tue May 28 2024
This week the median list price for Rio Verde, AZ is $575,000 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has decreased to 15. Click here to stay informed with the Rio Verde 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 Rio Verde market.
Median List Price $575,000
Median Price of New Listings $469,000
Per Square Foot $330
Average Days on Market 138
Median Days on Market 91
Price Decreased 73%
Price Increased 0%
Relisted 7%
Inventory 15
Median Rent
Market Action 34
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$899,000 1,679 4,500 - 6,500 sqft 2 3 4 0 0 91
$685,000 1,444 0 - 4,500 sqft 2 2 5 0 0 115
$532,500 1,724 0 - 4,500 sqft 2 2 30 0 0 199
$409,000 1,515 0 - 4,500 sqft 2 2 42 1 0 59