Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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



Clarkdale, AZ 86324

Wed Jul 06 2022
This week the median list price for Clarkdale, AZ 86324 is $679,750 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 16. Click here to stay informed with the Clarkdale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Clarkdale, AZ 86324

Wed Jul 06 2022
This week the median list price for Clarkdale, AZ 86324 is $679,750 with the market action index hovering around 42. This is less than last month's market action index of 43. Inventory has increased to 16. Click here to stay informed with the Clarkdale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Clarkdale market.
Median List Price $679,750
Median Price of New Listings $1,050,000
Per Square Foot $273
Average Days on Market 55
Median Days on Market 28
Price Decreased 50%
Price Increased 13%
Relisted 6%
Inventory 16
Median Rent
Market Action 42
Slight Seller's Advantage

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$1,124,500 4,498 1 - 2.5 acres 5 3.5 24 1 0 42
$739,782 2,132 0.25 - 0.5 acre 3 2.5 18 0 0 56
$624,950 2,995 8,000 - 10,000 sqft 3 4 16 0 0 17
$512,450 1,964 8,000 - 10,000 sqft 3 2.5 16 0 2 21