Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Sun May 29 2022
This week the median list price for Cottonwood, AZ 86326 is $498,000 with the market action index hovering around 74. This is less than last month's market action index of 75. Inventory has increased to 36. 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 started cooling and prices have been flat for several weeks. Since 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

Sun May 29 2022
This week the median list price for Cottonwood, AZ 86326 is $498,000 with the market action index hovering around 74. This is less than last month's market action index of 75. Inventory has increased to 36. 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 started cooling and prices have been flat for several weeks. Since 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 $498,000
Median Price of New Listings $498,000
Per Square Foot $318
Average Days on Market 35
Median Days on Market 14
Price Decreased 42%
Price Increased 0%
Relisted 11%
Inventory 36
Median Rent
Market Action 74
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$732,000 2,418 0.5 - 1 acre 3 2.5 26 2 0 21
$575,000 1,908 0.25 - 0.5 acre 3 2 36 5 1 14
$469,000 1,405 0.25 - 0.5 acre 3 2 25 5 2 7
$385,000 1,316 8,000 - 10,000 sqft 3 2 39 2 3 21