Sheri Sperry's Market Report

Cornville, AZ 86325

Single-Family Homes

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



Current active inventory in Cornville, AZ 86325 is very low. Keep this in mind when looking at this report.

Cornville, AZ 86325

Mon Jan 24 2022
This week the median list price for Cornville, AZ 86325 is $494,900 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has decreased to 3. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Cornville, AZ 86325

Mon Jan 24 2022
This week the median list price for Cornville, AZ 86325 is $494,900 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has decreased to 3. 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 have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Cornville market.
Median List Price $494,900
Median Price of New Listings $0
Per Square Foot $263
Average Days on Market 96
Median Days on Market 42
Price Decreased 33%
Price Increased 33%
Relisted 0%
Inventory 3
Median Rent
Market Action 62
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$494,900 1,825 4,500 - 6,500 sqft 3 2 19 0 3 42
$561,000 2,532 1 - 2.5 acres 3 3 29 0 0 238
$494,900 1,825 4,500 - 6,500 sqft 3 2 19 0 1 7
$445,000 1,689 4,500 - 6,500 sqft 2 2 19 0 1 42