Rio Verde | Tonto Verde | Home Pricing | 85263

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Rio Verde | Tonto Verde | Home Pricing | 85263

Analysis of the real estate market in Rio Verde | Tonto Verde, Arizona.

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Rio Verde, Tonto Verde, Arizona, Real Estate Pricings

Rio Verde, Tonto Verde Home Sales

November Home sales in Rio Verde and Tonto Verde, 85263, were 7, down -12.5% from 8 in November of 2012 and -12.5% lower than the 8 sales last month. November 2013 sales were at a mid level compared to November of 2012 and 2011. November YTD sales of 111 are running 24.7% ahead of last year’s year-to-date sales of 89.

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Rio Verde, Tonto Verde, Home Pricing

Rio Verde and Tonto Verde, 85263 Home Prices

The Median Sales Price for homes in Rio Verde and Tonto Verde, 85263 in November were $375,000, up 11.1% from $337,500 in November of 2012 and up 25.6% from $298,500 last month. The Average Sales Price for homes in Rio Verde and Tonto Verde, 85263 in November were $351,829, up 7.4% from $327,625 in November of 2012 and down -17.0% from $424,125 last month. November 2013 ASP was at a mid range compared to November of 2012 and 2011.

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Median Sales

Rio Verde and Tonto Verde, 85263 Inventory & MSI

The Total Inventory of Homes available for sale in Rio Verde and Tonto Verde, 85263 as of November was 144, up 16.1% from 124 last month and up 8.3% from 133 in November of last year. November 2013 Inventory was at a mid range compared to November of 2012 and 2011.

A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The November 2013 MSI of 20.6 months was at a mid range compared with November of 2012 and 2011.

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Inventory, Rio Verde, Tonto Verde, Homes

Rio Verde and Tonto Verde, 85263 Market Time

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 November was 138, down -41.3% from 235 days last month and down -9.8% from 153 days in November of last year. The November 2013 DOM was at its lowest level compared with November of 2012 and 2011.

Average Days on Market Homes 85263

Rio Verde and Tonto Verde, 85263 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 November 2013 Selling Price per Square Foot of $135 for homes in Rio Verde and Tonto Verde, 85263 was down -2.2% from $138 last month and up 5.5% from $128 in November of last year.

Rio Verde Arizona Average Sales Price Per Square Foot,Tonto Verde Arizona Average Sales Price Per Square Foot

Rio Verde, Tonto Verde, Sales Price per Square Foot

Rio Verde and Tonto Verde, 85263 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 November 2013 Selling Price vs List Price of 97.9% for homes in Rio Verde and Tonto Verde, 85263 was up from 97.1% last month and up from 94.2% in November of last year.

Average Sales Price versus list price homes sold  Rio Verde Arizona,Average Sales Price versus list price homes sold  Tonto Verde Arizona

List Price VS. Sales Price

Rio Verde and Tonto Verde, 85263 Home Inventory / New Listings / Sales

‘This last view of the market combines monthly inventory of Properties for sale along with New Listings and Sales. The graph shows the basic annual seasonality of the market as well as the relationship between these items. The number of New Listings in November 2013 for homes in Rio Verde and Tonto Verde, 85263 was 31, down -29.5% from 44 last month and up 10.7% from 28 in November of last year.

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Rio Verde, Tonto Verde, Home Inventory

Want More Information on Rio Verde, Tonto Verde, 85263, Homes For SaleLuxury Homes For SaleGolf Course Homes For Sale?

ARIZONA REAL ESTATE FOR SALE

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Arizona Real Estate | Cities

Search for  Scottsdale Arizona  Real Estate For Sale, Cave Creek Arizona Homes For Sale, Carefree Arizona Homes For Sale, Rio Verde Foothills Arizona Homes For Sale, North Phoenix Arizona Homes For Sale.

Access to all MLS Listings by city.

Free  Arizona MLS Search.  Start your Real Estate Search by City NOW or Search by zip codes, 85266, 85331, 85263, 85377, 85262, 85255.

As a 35 year + full time veteran of the REAL ESTATE Industry, I understand what it takes to not only find the Home, Lot, Land, of your dreams, but also how to negotiate the minefield of real estate transactions. Not only am I a veteran of the real estate industry, I also live in the area  I service.

An avid Golfer, Horseman and Baseball Fanatic, I know the pulse of the community. Todays buyer starts on the internet and spends an average of 5 months quietly perusing the information that is available.  As this area tends to be buyers from outside the area my internet presence is a huge attraction.

I regularly update my material and have additional pages that I maintain with up to date information on such platforms as  Coldwell BankerGoogle+FacebookBloggerActive RainEProperties, Trulia, ZillowYouTube  , Tumblr and many others. Also, I have other sites that are specific to Property Types.  These are:

Search the Arizona Multiple Listing Service just like I do.  Search by Subdivisions, Zip Code, Price Range, Bedroom/Bath as well as, Golf Course Properties, Condos, Luxury Properties and Horse PropertiesFree MLS Search |Real Estate |Scottsdale |Cave Creek |Carefree |Rio Verde |Rio Verde Foothills |AZ

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North Scottsdale Arizona Subdivision Homes For Sale Search

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Scottsdale Arizona Golf Course Homes For Sale

Free MLS Search all Scottsdale Arizona Golf Course Homes For Sale. Search by Listing Price, Square Footage, all Scottsdale Arizona Golf Course Homes For Sale. Just click on any link to be taken to Scottsdale Golf Course Homes For Sale Links to the Realtor MLS.
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OVER 300 ENDORSEMENTS

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Jeff McDowell, North Scottsdale Realtor 623.262.0811 EMAIL ME

By Jeff McDowell

© 2013 Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Coldwell Banker Residential Brokerage is operated by a subsidiary of NRT LLC. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC.

Based on information from Arizona Regional MLS, Inc. for the period 10/30/1999 through 11/30/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Coldwell Banker Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS’s may not reflect all real estate activity in the market.

By Jeff McDowell

About Arizona Top Realtor

37+ Years Full time Real Estate Experience. Providing the most comprehensive information available to search the North Scottsdale, Cave Creek, Carefree, Rio Verde, Rio Verde Foothills, Arizona Real Estate Markets. Expert experience in all facets of the real estate market.