Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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



Clarkdale, AZ 86324

Tue May 28 2024
This week the median list price for Clarkdale, AZ 86324 is $565,000 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has decreased to 20. 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 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

Tue May 28 2024
This week the median list price for Clarkdale, AZ 86324 is $565,000 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has decreased to 20. 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 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 $565,000
Median Price of New Listings $587,000
Per Square Foot $285
Average Days on Market 116
Median Days on Market 77
Price Decreased 40%
Price Increased 5%
Relisted 10%
Inventory 20
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices 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
$749,900 1,929 8,000 - 10,000 sqft 3 2 1 2 1 77
$589,000 2,060 8,000 - 10,000 sqft 3 2.5 9 1 0 56
$530,000 1,928 4,500 - 6,500 sqft 3 2 3 0 1 112
$449,500 1,832 4,500 - 6,500 sqft 2 2 18 1 0 35