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 Sep 28 2021
This week the median list price for Cottonwood, AZ 86326 is $389,450 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has increased to 42. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cottonwood, AZ 86326

Tue Sep 28 2021
This week the median list price for Cottonwood, AZ 86326 is $389,450 with the market action index hovering around 53. This is an increase over last month's market action index of 52. Inventory has increased to 42. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $389,450
Median Price of New Listings $374,900
Per Square Foot $243
Average Days on Market 49
Median Days on Market 35
Price Decreased 38%
Price Increased 2%
Relisted 5%
Inventory 42
Median Rent $1,474
Market Action 53
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$584,000 2,133 0.25 - 0.5 acre 3 2 26 0 1 49
$425,000 1,698 0.25 - 0.5 acre 3 2 25 3 1 7
$364,500 1,417 0.25 - 0.5 acre 3 2 31 2 0 28
$325,000 1,392 0.25 - 0.5 acre 3 2 37 1 1 56