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 Oct 15 2021
This week the median list price for Cottonwood, AZ 86326 is $393,000 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has decreased to 34. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Cottonwood, AZ 86326

Fri Oct 15 2021
This week the median list price for Cottonwood, AZ 86326 is $393,000 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has decreased to 34. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $393,000
Median Price of New Listings $352,450
Per Square Foot $249
Average Days on Market 58
Median Days on Market 46
Price Decreased 35%
Price Increased 0%
Relisted 9%
Inventory 34
Median Rent $1,553
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
$629,275 1,965 0.5 - 1 acre 3 2 32 1 2 66
$422,450 1,785 0.25 - 0.5 acre 3 2 26 0 1 21
$364,500 1,376 0.25 - 0.5 acre 3 2 31 1 2 35
$325,000 1,546 0.25 - 0.5 acre 3 2 36 2 2 70