Single-Family Homes
Fri Apr 26 2024
This week the median list price for Sedona, AZ 86351 is $1,075,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 69.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $1,075,000 | |
Median Price of New Listings | $919,000 | |
Per Square Foot | $453 | |
Average Days on Market | 126 | |
Median Days on Market | 70 | |
Price Decreased | 36% | |
Price Increased | 3% | |
Relisted | 9% | |
Inventory | 69 | |
Median Rent | ||
Market Action | 32 | |
Slight Seller's Advantage |
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.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,295,000 | 3,763 | 0.5 - 1 acre | 4 | 4 | 18 | 1 | 3 | 56 |
$1,200,000 | 2,428 | 0.25 - 0.5 acre | 3 | 3 | 25 | 0 | 2 | 56 |
$920,000 | 2,086 | 0.25 - 0.5 acre | 3 | 2 | 25 | 4 | 0 | 70 |
$661,500 | 1,664 | 6,500 - 8,000 sqft | 2 | 2 | 30 | 1 | 2 | 122 |