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 Jul 14 2024
This week the median list price for Cornville, AZ 86325 is $607,450 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 30. 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

Sun Jul 14 2024
This week the median list price for Cornville, AZ 86325 is $607,450 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has decreased to 30. 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 $607,450
Median Price of New Listings $499,000
Per Square Foot $283
Average Days on Market 112
Median Days on Market 70
Price Decreased 37%
Price Increased 0%
Relisted 3%
Inventory 30
Median Rent
Market Action 35
Slight Seller's Advantage

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
$1,200,000 2,681 2.5 - 5 acres 3 2 25 0 0 49
$699,000 2,596 0.25 - 0.5 acre 3 2.5 19 0 1 182
$564,450 1,852 8,000 - 10,000 sqft 2 2 24 2 1 31
$437,500 1,648 4,500 - 6,500 sqft 2 2 20 1 1 56