Is Rio Rico, AZ 85648 a buyer’s or seller’s market?
Rio Rico is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.6Under 4 months = seller’s market
Sold above original list8.3%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market93Listing to accepted offer
Median price per sq ft$180▲ +3.8% vs. last year
Run the numbers for 85648
Nearby markets
Elgin 85611Buyer’s market $248 /sq ftNogales 85621Buyer’s market $141 /sq ftPatagonia 85624Buyer’s market $147 /sq ftSonoita 85637Seller’s market $280 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology