Sheri Sperry's Market Report

Cornville, AZ 86325

Single-Family Homes

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



Cornville, AZ 86325

Tue Feb 18 2020
This week the median list price for Cornville, AZ 86325 is $412,450 with the market action index hovering around 32. This is an increase over last month's market action index of 28. Inventory has held steady at or around 36. 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

Tue Feb 18 2020
This week the median list price for Cornville, AZ 86325 is $412,450 with the market action index hovering around 32. This is an increase over last month's market action index of 28. Inventory has held steady at or around 36. 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 $412,450
Per Square Foot $191
Days on Market 133
Price Decreased 25%
Price Increased 3%
Relisted 6%
Inventory 36
Median Rent
Most Expensive $3,500,000
Least Expensive $249,900
Market Action 32
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
$644,000 2,998 1 - 2.5 acres 3 3 16 0 0 186
$525,000 2,270 1 - 2.5 acres 3 2 15 0 0 147
$351,000 1,934 8,000 - 10,000 sqft 2 2 16 0 2 92
$279,900 1,556 4,500 - 6,500 sqft 3 2 15 2 0 105