Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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



Clarkdale, AZ 86324

Mon Nov 23 2020
This week the median list price for Clarkdale, AZ 86324 is $519,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 13. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Clarkdale, AZ 86324

Mon Nov 23 2020
This week the median list price for Clarkdale, AZ 86324 is $519,000 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 13. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Clarkdale market.
Median List Price $519,000
Per Square Foot $233
Days on Market 127
Price Decreased 31%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent $1,395
Most Expensive $895,000
Least Expensive $280,000
Market Action 41
Slight Seller's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$849,900 3,230 1 - 2.5 acres 5 3 19 0 0 81
$625,000 2,648 0.5 - 1 acre 4 3 17 0 0 86
$499,000 2,200 6,500 - 8,000 sqft 3 2 14 0 0 44
$329,330 2,254 6,500 - 8,000 sqft 3 2 7 1 1 252