Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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



Clarkdale, AZ 86324

Thu Jan 23 2020
This week the median list price for Clarkdale, AZ 86324 is $374,900 with the market action index hovering around 31. This is less than last month's market action index of 37. Inventory has held steady at or around 21. 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 Jan 23 2020
This week the median list price for Clarkdale, AZ 86324 is $374,900 with the market action index hovering around 31. This is less than last month's market action index of 37. Inventory has held steady at or around 21. 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 $374,900
Per Square Foot $171
Days on Market 118
Price Decreased 29%
Price Increased 19%
Relisted 14%
Inventory 21
Median Rent
Most Expensive $729,000
Least Expensive $264,900
Market Action 31
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
$589,900 3,439 8,000 - 10,000 sqft 4 3 14 0 0 128
$391,682 2,264 8,000 - 10,000 sqft 4 3 1 0 0 187
$369,000 1,813 4,500 - 6,500 sqft 3 2 6 2 0 25
$300,000 1,892 4,500 - 6,500 sqft 3 2 14 0 1 127