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Wednesday, November 6, 2024

Rio Verde (unincorporated) home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Rio Verde (unincorporated) fell by $14,750 while total sales increased by 25%, according to BlockShopper.com.

In March 2018, there were 20 homes sold, with a median sale price of $481,500 - a 3% decrease over the $496,250 median sale price for the same period of the previous year. There were 16 homes sold in Rio Verde (unincorporated) in March 2017.

The median sales tax in Rio Verde (unincorporated) for the most recent year with available data, 2017, was $3,072, approximately 0.6% of the median home sale price for March 2018.

The following table compares Rio Verde (unincorporated) to other Maricopa County cities with similar median sales prices in March 2018:

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Cave Creek11110%$650,000$585,00011.1%
Scottsdale (unincorporated) 10825%$610,000$510,00019.6%
Peoria (unincorporated) 112450%$550,000$490,45012.1%
Gilbert (unincorporated)20-$547,500$0-
Cave Creek (unincorporated) 78-12.5%$545,000$462,50017.8%
Rio Verde (unincorporated) 201625%$481,500$496,250-3%
Uninc-85207/Apache Junction12-50%$481,000$452,5006.3%
Uninc-85262/Tonto National Forest52150%$450,000$733,198-38.6%
Scottsdale717742-3.4%$425,000$405,0004.9%
New River (unincorporated) 1315-13.3%$400,000$340,00017.6%
Fountain Hills1149322.6%$384,000$367,5004.5%

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