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 Sep 22 2021
This week the median list price for Clarkdale, AZ 86324 is $464,750 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 18. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Sep 22 2021
This week the median list price for Clarkdale, AZ 86324 is $464,750 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has increased to 18. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $464,750
Median Price of New Listings $357,000
Per Square Foot $262
Average Days on Market 62
Median Days on Market 42
Price Decreased 17%
Price Increased 11%
Relisted 6%
Inventory 18
Median Rent
Market Action 47
Strong Seller's Market

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move 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
$684,450 2,300 1 - 2.5 acres 3 2 2 0 0 98
$519,945 1,925 8,000 - 10,000 sqft 3 2 10 0 0 80
$449,490 1,844 4,500 - 6,500 sqft 3 2 15 0 0 21
$350,000 1,200 4,500 - 6,500 sqft 2 2 51 1 0 42