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Wednesday, November 6, 2024

Rio Verde (unincorporated) home prices rise in February 2018

Re 9

The median sale price of a home sold in February 2018 in Rio Verde (unincorporated) rose by $60,000 while total sales decreased by 25%, according to BlockShopper.com.

In February 2018, there were six homes sold, with a median sale price of $475,000 - a 14.5% increase over the $415,000 median sale price for the same period of the previous year. There were eight homes sold in Rio Verde (unincorporated) in February 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 February 2018.

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

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Cave Creek (unincorporated) 411-63.6%$564,000$490,00015.1%
Uninc-85262/Tonto National Forest62200%$554,500$496,68011.6%
New River (unincorporated) 210-80%$532,500$300,00077.5%
Cave Creek73133.3%$520,000$539,900-3.7%
Scottsdale (unincorporated) 12933.3%$500,000$470,0006.4%
Rio Verde (unincorporated) 68-25%$475,000$415,00014.5%
Scottsdale59151514.8%$420,000$379,00010.8%
Peoria (unincorporated) 46-33.3%$395,000$489,500-19.3%
Laveen (unincorporated) 63100%$340,000$331,9002.4%
Wickenburg1012-16.7%$340,000$227,00049.8%
Queen Creek7184-15.5%$337,000$292,37715.3%

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