Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

Coldwell Banker Realty - Sedona | (928) 274-7355 | Sheri@SellSedona.com



Cottonwood, AZ 86326

Tue May 28 2024
This week the median list price for Cottonwood, AZ 86326 is $540,227 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 64. Click here to stay informed with the Cottonwood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Cottonwood, AZ 86326

Tue May 28 2024
This week the median list price for Cottonwood, AZ 86326 is $540,227 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 64. Click here to stay informed with the Cottonwood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $540,227
Median Price of New Listings $579,000
Per Square Foot $307
Average Days on Market 88
Median Days on Market 77
Price Decreased 41%
Price Increased 0%
Relisted 3%
Inventory 64
Median Rent
Market Action 36
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$949,000 2,601 1 - 2.5 acres 3 2.5 33 1 1 133
$625,287 1,866 8,000 - 10,000 sqft 3 2 4 3 1 84
$477,500 1,668 0.25 - 0.5 acre 3 2 23 2 1 31
$362,500 1,313 8,000 - 10,000 sqft 3 2 39 1 2 38