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Wednesday, November 6, 2024

Rio Verde (unincorporated) home prices fall in January 2018

Realestate4

The median sale price of a home sold in January 2018 in Rio Verde (unincorporated) fell by $78,600 while total sales increased by 100%, according to BlockShopper.com.

In January 2018, there were 14 homes sold, with a median sale price of $456,400 - a 14.7% decrease over the $535,000 median sale price for the same period of the previous year. There were seven homes sold in Rio Verde (unincorporated) in January 2017.

The median sales tax in Rio Verde (unincorporated) for the most recent year with available data, 2017, was $3,072, approximately 0.7% of the median home sale price for January 2018.

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

CityJan. 2018 Home SalesJan. 2017 Home Sales% change (Total Home Sales)Jan. 2018 Median Sales PriceJan. 2017 Median Sales Price% change (Median Sales Price)
Cave Creek (unincorporated) 67-14.3%$709,500$394,00080.1%
Gilbert (unincorporated)110%$600,000$585,0002.6%
Laveen (unincorporated) 220%$579,250$295,00096.4%
Scottsdale (unincorporated) 63100%$566,000$875,000-35.3%
Carefree151225%$480,000$557,500-13.9%
Rio Verde (unincorporated) 147100%$456,400$535,000-14.7%
Cave Creek10666.7%$456,250$727,500-37.3%
Peoria (unincorporated) 82300%$406,000$345,45017.5%
Scottsdale5705219.4%$399,500$392,0001.9%
Fountain Hills745827.6%$350,000$342,5002.2%
Queen Creek (unincorporated) 81700%$340,000$337,5000.7%

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