Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Wed May 22 2024
This week the median list price for Cottonwood, AZ 86326 is $537,677 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 62. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cottonwood, AZ 86326

Wed May 22 2024
This week the median list price for Cottonwood, AZ 86326 is $537,677 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 62. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $537,677
Median Price of New Listings $455,000
Per Square Foot $303
Average Days on Market 86
Median Days on Market 70
Price Decreased 42%
Price Increased 0%
Relisted 3%
Inventory 62
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
$969,000 2,624 1 - 2.5 acres 3 3 33 1 0 112
$647,000 1,878 8,000 - 10,000 sqft 3 2 5 0 0 77
$489,500 1,740 8,000 - 10,000 sqft 3 2 23 3 1 49
$365,000 1,313 8,000 - 10,000 sqft 3 2 31 4 1 24