About Rio Verde Arizona Homes
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Rio Verde Arizona Homes are found on the East Side of North Scottsdale, and North of Fountain Hills, Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home.
There are currently (96) active properties available in Rio Verde Homes today.
The Median Sales Price in January was $435,750, down -4.2% from $455,000 in January of 2019 and down -28.3% from $607,499 last month. The average sales price in January was $498,250, up 7.6% from $463,000 in January of 2019 and down -21.8% from $636,824 last month. January 2020 ASP was at highest level compared to January of 2019 and 2018.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Some Real Estate listings in Rio Verde, AZ
Monthly Market Report
January property sales were 14, up from 10 in January of 2019 and -17.6% lower than the 17 sales last month. January 2020 sales were at a mid level compared to January of 2019 and 2018. January YTD sales of 14 are running 40.0% ahead of last year's year-to-date sales of 10.
The total inventory of properties available for sale as of January was 107, up 16.3% from 92 last month and up 16.3% from 92 in January of last year. January 2020 Inventory was at highest level compared to January of 2019 and 2018.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for January was 78, down from 110 days last month and down from 108 days in January of last year. The January 2020 DOM was at its lowest level compared with January of 2019 and 2018.
Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The January 2020 selling price per square foot of $218 was down -17.1% from $263 last month and up 26.0% from $173 in January of last year.
Selling Price vs Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The January 2020 selling price vs list price of 94.8% was down from 97.8% last month and down from 95.3% in January of last year.