About Rio Verde Arizona Homes
We Love VIDEO Previews
Send us your Favorite Homes
Our Buyer-Agent Service is always FREE!
Homes | New | Luxury
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 (59) active properties available in Rio Verde today. Rio Verde has a population of 2,110, with an average age of 64, and average home value of $542,724.
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
Coldwell Banker Residential Brokerage
Some Real Estate listings in Rio Verde, AZ
Monthly Market Report
July property sales were 6, down from 16 in July of 2018 and -62.5% lower than the 16 sales last month. July 2019 sales were at a mid level compared to July of 2018 and 2017. July YTD sales of 113 are running -13.7% behind last year's year-to-date sales of 131.
The median sales price in July was $522,500, up 30.6% from $400,000 in July of 2018 and down -4.4% from $546,750 last month. The average sales price in July was $518,457, down -2.9% from $533,750 in July of 2018 and down -12.3% from $591,209 last month. July 2019 ASP was at a mid range compared to July of 2018 and 2017.
The total inventory of properties available for sale as of July was 55, up 14.6% from 48 last month and up 34.1% from 41 in July of last year. July 2019 Inventory was at a mid range compared to July of 2018 and 2017.
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 July was 100, down from 126 days last month and down from 148 days in July of last year. The July 2019 DOM was at its lowest level compared with July of 2018 and 2017.
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 July 2019 selling price per square foot of $221 was up 3.8% from $213 last month and up 10.0% from $201 in July 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 July 2019 selling price vs list price of 97.6% was up from 93.1% last month and up from 93.7% in July of last year.