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 May 17 2021
This week the median list price for Cornville, AZ 86325 is $659,000 with the market action index hovering around 74. This is an increase over last month's market action index of 73. Inventory has increased to 11. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Cornville, AZ 86325

Mon May 17 2021
This week the median list price for Cornville, AZ 86325 is $659,000 with the market action index hovering around 74. This is an increase over last month's market action index of 73. Inventory has increased to 11. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Cornville market.
Median List Price $659,000
Median Price of New Listings $534,000
Per Square Foot $243
Average Days on Market 67
Median Days on Market 7
Price Decreased 36%
Price Increased 0%
Relisted 0%
Inventory 11
Median Rent
Market Action 74
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$2,350,000 13,255 N/A 11 9 34 0 0 315
$775,000 2,850 0.25 - 0.5 acre 3 3 17 0 0 14
$649,000 2,644 8,000 - 10,000 sqft 3 4 17 1 0 7
$419,000 1,600 0.25 - 0.5 acre 3 2 16 1 1 7