Rio Verde 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 (15) active properties available in Rio Verde Homes today.
The Median Sales Price in June was $850,000, up 93.6% from $439,000 in June of 2020 and up 29.8% from $655,000 last month. The average sales price in June was $892,187, up 86.2% from $479,256 in June of 2020 and up 8.4% from $823,417 last month. June 2021 ASP was at highest level compared to June of 2020 and 2019. (more Market Report below photos)
Rio Verde Homes ~ Newest Listings
Rio Verde Homes ~ Monthly Market Report
June property sales were 23, up from 7 in June of 2020 and -4.2% lower than the 24 sales last month. June 2021 sales were at their highest level compared to June of 2020 and 2019. June YTD sales of 132 are running 140.0% ahead of last year’s year-to-date sales of 55.
The total inventory of properties available for sale as of June was 22, equal to 22 last month and down -59.3% from 54 in June of last year. June 2021 Inventory was at the lowest level compared to June of 2020 and 2019.
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 32, down from 61 days last month and down from 113 days in June of last year. The June 2021 DOM was at its lowest level compared with June of 2020 and 2019.
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 2021 selling price per square foot of $329 was up 7.5% from $306 last month and up 61.3% from $204 in June of last year.
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 🙂