Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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



Clarkdale, AZ 86324

Fri Nov 15 2019
This week the median list price for Clarkdale, AZ 86324 is $375,000 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has held steady at or around 27. 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 started cooling and prices have been flat for several weeks. Since 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

Fri Nov 15 2019
This week the median list price for Clarkdale, AZ 86324 is $375,000 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has held steady at or around 27. 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 started cooling and prices have been flat for several weeks. Since 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 $375,000
Per Square Foot $165
Days on Market 76
Price Decreased 41%
Price Increased 0%
Relisted 7%
Inventory 27
Median Rent
Most Expensive $777,000
Least Expensive $229,900
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
$671,032 3,317 0.5 - 1 acre 4 3 7 3 0 56
$389,000 2,441 0.25 - 0.5 acre 4 3 13 4 1 47
$334,900 1,780 4,500 - 6,500 sqft 3 2 1 2 0 117
$274,900 2,151 0 - 4,500 sqft 3 3 13 1 0 83