First Integrity Title Market Report

Rio Verde, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171


Rio Verde, AZ

Wed Mar 03 2021
This week the median list price for Rio Verde, AZ is $499,000 with the market action index hovering around 39. This is less than last month's market action index of 50. Inventory has held steady at or around 5. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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.

Rio Verde, AZ

Wed Mar 03 2021
This week the median list price for Rio Verde, AZ is $499,000 with the market action index hovering around 39. This is less than last month's market action index of 50. Inventory has held steady at or around 5. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 Rio Verde market.
Median List Price $499,000
Per Square Foot $230
Days on Market 21
Price Decreased 0%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent $3,500
Most Expensive $539,900
Least Expensive $399,000
Market Action 39
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$539,900 1,679 - 2 2 2 0 0 14
$510,000 2,208 0 - 4,500 sqft 2 2 21 0 0 21
$499,000 2,015 0 - 4,500 sqft 2 2 15 0 0 21
$443,000 2,173 0 - 4,500 sqft 2 2 30 1 0 147