Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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


Clarkdale, AZ 86324

Thu Mar 30 2023
This week the median list price for Clarkdale, AZ 86324 is $593,250 with the market action index hovering around 34. This is less than last month's market action index of 36. Inventory has decreased to 28. 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

Thu Mar 30 2023
This week the median list price for Clarkdale, AZ 86324 is $593,250 with the market action index hovering around 34. This is less than last month's market action index of 36. Inventory has decreased to 28. 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 $593,250
Median Price of New Listings $625,000
Per Square Foot $299
Average Days on Market 109
Median Days on Market 67
Price Decreased 32%
Price Increased 0%
Relisted 0%
Inventory 28
Median Rent
Market Action 34
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. 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
$775,000 2,890 0.25 - 0.5 acre 3 3 5 0 0 238
$625,000 2,055 8,000 - 10,000 sqft 4 3 4 1 0 42
$522,075 1,695 6,500 - 8,000 sqft 3 2 0 0 0 56
$479,900 1,422 6,500 - 8,000 sqft 3 2 28 0 0 63