First Integrity Title Market Report

Rio Verde, AZ

Condos/Townhomes

www.FirstIntegrityTitle.com | 303.837.9171


Rio Verde, AZ

Thu Dec 08 2022
This week the median list price for Rio Verde, AZ is $679,000 with the market action index hovering around 37. This is less than last month's market action index of 44. Inventory has increased to 7. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Rio Verde, AZ

Thu Dec 08 2022
This week the median list price for Rio Verde, AZ is $679,000 with the market action index hovering around 37. This is less than last month's market action index of 44. Inventory has increased to 7. 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

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Rio Verde market.
Median List Price $679,000
Median Price of New Listings $679,000
Per Square Foot $336
Average Days on Market 29
Median Days on Market 42
Price Decreased 57%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 37
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$919,000 1,679 - 3 2.5 2 0 0 14
$724,450 1,679 - 2 2.3 0 0 0 42
$629,500 2,119 0 - 4,500 sqft 2 2 30 1 0 24
$487,000 1,495 0 - 4,500 sqft 2 2 35 0 0 28