Sheri Sperry's Market Report

Cornville, AZ 86325

Single-Family Homes

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



Cornville, AZ 86325

Thu Mar 30 2023
This week the median list price for Cornville, AZ 86325 is $570,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 21. 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

Thu Mar 30 2023
This week the median list price for Cornville, AZ 86325 is $570,000 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 21. 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 $570,000
Median Price of New Listings $549,450
Per Square Foot $281
Average Days on Market 109
Median Days on Market 42
Price Decreased 43%
Price Increased 0%
Relisted 14%
Inventory 21
Median Rent
Market Action 40
Slight Seller's Advantage

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
$1,145,000 3,025 1 - 2.5 acres 3 4 19 0 0 35
$699,000 1,894 1 - 2.5 acres 3 2 22 1 2 35
$499,000 2,239 8,000 - 10,000 sqft 3 2 18 0 1 273
$447,500 1,670 8,000 - 10,000 sqft 2 2 18 1 1 21