Sheri Sperry's Market Report

Cornville, AZ 86325

Single-Family Homes

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



Cornville, AZ 86325

Sun May 31 2020
This week the median list price for Cornville, AZ 86325 is $499,450 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 38. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cornville, AZ 86325

Sun May 31 2020
This week the median list price for Cornville, AZ 86325 is $499,450 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has held steady at or around 38. 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

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Cornville market.
Median List Price $499,450
Per Square Foot $199
Days on Market 130
Price Decreased 34%
Price Increased 5%
Relisted 16%
Inventory 38
Median Rent
Most Expensive $3,500,000
Least Expensive $149,000
Market Action 34
Slight Seller's Advantage

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
$896,000 3,245 2.5 - 5 acres 3 3 22 2 1 183
$529,000 2,841 0.25 - 0.5 acre 3 3 16 1 0 126
$468,500 2,343 0.25 - 0.5 acre 3 2 23 3 3 112
$327,000 1,710 0.25 - 0.5 acre 2 2 18 0 1 103