Sheri Sperry's Market Report

Cornville, AZ 86325

Single-Family Homes

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



Cornville, AZ 86325

Mon Sep 28 2020
This week the median list price for Cornville, AZ 86325 is $420,000 with the market action index hovering around 46. This is an increase over last month's market action index of 41. Inventory has held steady at or around 27. Click here to stay informed with the Cornville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

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.

Cornville, AZ 86325

Mon Sep 28 2020
This week the median list price for Cornville, AZ 86325 is $420,000 with the market action index hovering around 46. This is an increase over last month's market action index of 41. Inventory has held steady at or around 27. Click here to stay informed with the Cornville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

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 Cornville market.
Median List Price $420,000
Per Square Foot $199
Days on Market 117
Price Decreased 30%
Price Increased 0%
Relisted 26%
Inventory 27
Median Rent $10,000
Most Expensive $3,500,000
Least Expensive $65,000
Market Action 46
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$1,125,000 2,883 5 - 10 acres 3 3 29 0 1 168
$544,900 2,611 1 - 2.5 acres 3 2 16 1 0 96
$375,000 1,920 8,000 - 10,000 sqft 3 2 16 1 0 151
$316,000 1,566 6,500 - 8,000 sqft 2 2 16 2 2 61