Sheri Sperry's Market Report

Cornville, AZ 86325

Single-Family Homes

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



Cornville, AZ 86325

Sat Dec 03 2022
This week the median list price for Cornville, AZ 86325 is $569,500 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 26. 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.

Slight Seller's Advantage

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

Sat Dec 03 2022
This week the median list price for Cornville, AZ 86325 is $569,500 with the market action index hovering around 35. This is an increase over last month's market action index of 32. Inventory has decreased to 26. 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.

Slight Seller's Advantage

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 $569,500
Median Price of New Listings $0
Per Square Foot $275
Average Days on Market 102
Median Days on Market 98
Price Decreased 58%
Price Increased 0%
Relisted 12%
Inventory 26
Median Rent
Market Action 35
Slight Seller's Advantage

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
$1,297,500 3,019 2.5 - 5 acres 4 3 19 0 1 73
$677,000 2,285 1 - 2.5 acres 3 3 17 0 1 129
$540,000 1,840 8,000 - 10,000 sqft 3 2 17 0 1 154
$425,900 1,684 8,000 - 10,000 sqft 2 2 21 0 1 91