Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Thu Jan 21 2021
This week the median list price for Cottonwood, AZ 86326 is $385,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has held steady at or around 26. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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

Thu Jan 21 2021
This week the median list price for Cottonwood, AZ 86326 is $385,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has held steady at or around 26. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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 $385,000
Per Square Foot $212
Days on Market 113
Price Decreased 35%
Price Increased 8%
Relisted 12%
Inventory 26
Median Rent $1,595
Most Expensive $835,000
Least Expensive $95,500
Market Action 61
Strong Seller's Market

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

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
$657,000 2,400 0.5 - 1 acre 3 2 2 0 0 54
$439,000 1,956 6,500 - 8,000 sqft 3 2 10 1 0 77
$350,000 2,134 8,000 - 10,000 sqft 3 2 30 1 2 198
$259,999 1,244 0.25 - 0.5 acre 3 2 50 3 4 109