Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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


Cottonwood, AZ 86326

Fri Jul 01 2022
This week the median list price for Cottonwood, AZ 86326 is $499,000 with the market action index hovering around 65. This is less than last month's market action index of 75. Inventory has increased to 55. 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 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.

Cottonwood, AZ 86326

Fri Jul 01 2022
This week the median list price for Cottonwood, AZ 86326 is $499,000 with the market action index hovering around 65. This is less than last month's market action index of 75. Inventory has increased to 55. 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 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

Never miss important changes in the Cottonwood market.
Median List Price $499,000
Median Price of New Listings $439,500
Per Square Foot $272
Average Days on Market 32
Median Days on Market 14
Price Decreased 42%
Price Increased 4%
Relisted 20%
Inventory 55
Median Rent
Market Action 65
Strong Seller's Market

Though in this zip code this week saw relatively little price change from last week, the market seems to be show some signs of strength. Keep an eye on the Market Action Index to see if this short-term trend can establish itself over the coming months.

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
$925,000 3,047 1 - 2.5 acres 4 3 16 2 1 28
$559,950 2,157 0.25 - 0.5 acre 3 2 24 4 0 14
$444,450 1,704 8,000 - 10,000 sqft 3 2 24 5 3 14
$349,500 1,328 8,000 - 10,000 sqft 3 2 28 6 4 7