Sheri Sperry's Market Report
Sedona, AZ 86351
Single-Family Homes
Coldwell Banker Realty - Sedona | (928) 274-7355 | Sheri@SellSedona.com
Sedona, AZ 86351
Thu Apr 23 2026
This week the median list price for Sedona, AZ 86351 is $995,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has increased to 71.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $995,000 | |
| Median Price of New Listings | $995,000 | |
| Per Square Foot | $469 | |
| Average Days on Market | 137 | |
| Median Days on Market | 70 | |
| Price Decreased | 45% | |
| Price Increased | 1% | |
| Relisted | 4% | |
| Inventory | 71 | |
| Median Rent | ||
| Market Action | 32 | |
| Slight Seller's Advantage | ||
You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,287,500 | 3,453 | 1 - 2.5 acres | 4 | 3.3 | 20 | 2 | 0 | 70 |
| $1,224,450 | 2,397 | 0.25 - 0.5 acre | 3 | 2.5 | 24 | 1 | 2 | 56 |
| $857,500 | 2,287 | 0.25 - 0.5 acre | 3 | 2 | 28 | 0 | 0 | 157 |
| $699,999 | 1,774 | 0.25 - 0.5 acre | 3 | 2 | 38 | 2 | 3 | 63 |