Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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



Clarkdale, AZ 86324

Wed Oct 20 2021
This week the median list price for Clarkdale, AZ 86324 is $444,695 with the market action index hovering around 52. This is an increase over last month's market action index of 48. Inventory has decreased to 10. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Clarkdale, AZ 86324

Wed Oct 20 2021
This week the median list price for Clarkdale, AZ 86324 is $444,695 with the market action index hovering around 52. This is an increase over last month's market action index of 48. Inventory has decreased to 10. 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.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Clarkdale market.
Median List Price $444,695
Median Price of New Listings $499,000
Per Square Foot $271
Average Days on Market 71
Median Days on Market 70
Price Decreased 10%
Price Increased 0%
Relisted 10%
Inventory 10
Median Rent
Market Action 52
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$1,319,950 3,766 5 - 10 acres 4 3 8 0 1 126
$501,945 1,845 6,500 - 8,000 sqft 3 2 0 1 2 35
$439,900 1,642 4,500 - 6,500 sqft 3 2 13 0 1 49
$417,890 1,844 4,500 - 6,500 sqft 3 2 25 0 2 70