Sheri Sperry's Market Report

Cornville, AZ 86325

Single-Family Homes

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



Cornville, AZ 86325

Tue May 11 2021
This week the median list price for Cornville, AZ 86325 is $699,000 with the market action index hovering around 79. This is an increase over last month's market action index of 74. Inventory has increased to 10. 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 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

Tue May 11 2021
This week the median list price for Cornville, AZ 86325 is $699,000 with the market action index hovering around 79. This is an increase over last month's market action index of 74. Inventory has increased to 10. 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 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 $699,000
Median Price of New Listings $489,900
Per Square Foot $245
Average Days on Market 68
Median Days on Market 4
Price Decreased 10%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent
Market Action 79
Strong Seller's Market

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves 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
$2,350,000 13,255 N/A 11 9 34 0 0 308
$885,000 3,442 2.5 - 5 acres 3 2 20 0 1 10
$699,000 2,850 0.25 - 0.5 acre 4 4 16 3 1 0
$389,900 1,591 0.25 - 0.5 acre 3 2 16 2 2 0