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.
There are currently (65) active properties available in Rio Verde Homes today.
The Median Sales Price in June was $499,500, down -8.6% from $546,750 in June of 2019 and down -13.1% from $575,000 last month. The average sales price in June was $497,942, down -15.8% from $591,209 in June of 2019 and down -19.0% from $614,800 last month. June 2020 ASP was at the lowest level compared to June of 2019 and 2018. (more Market Report below photos)
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 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂
Some Real Estate listings in Rio Verde, AZ
Monthly Market Report
June property sales were 6, down from 16 in June of 2019 and 20.0% higher than the 5 sales last month. June 2020 sales were at their lowest level compared to June of 2019 and 2018. June YTD sales of 67 are running -37.4% behind last year's year-to-date sales of 107.
The total inventory of properties available for sale as of June was 75, down -13.8% from 87 last month and up 56.3% from 48 in June of last year. June 2020 Inventory was at highest level compared to June 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 June was 105, down from 106 days last month and down from 126 days in June of last year. The June 2020 DOM was at its lowest level compared with June 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 June 2020 selling price per square foot of $194 was down -5.8% from $206 last month and down -8.9% from $213 in June of last year.