Sheri Sperry's Market Report

Clarkdale, AZ 86324

Single-Family Homes

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



Clarkdale, AZ 86324

Fri Aug 23 2019
This week the median list price for Clarkdale, AZ 86324 is $334,252 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 26. Click here to stay informed with the Clarkdale market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Clarkdale, AZ 86324

Fri Aug 23 2019
This week the median list price for Clarkdale, AZ 86324 is $334,252 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 26. Click here to stay informed with the Clarkdale market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Clarkdale market.
Median List Price $334,252
Per Square Foot $178
Days on Market 93
Price Decreased 58%
Price Increased 8%
Relisted 15%
Inventory 26
Median House Rent
Most Expensive $729,000
Least Expensive $219,900
Market Action Index
Slight Seller's Advantage
33

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
$427,450 2,252 0.5 - 1 acre 3 3 12 0 1 143
$367,000 2,214 0.25 - 0.5 acre 3 2 18 1 1 154
$314,000 1,550 4,500 - 6,500 sqft 3 2 1 0 0 63
$240,000 1,396 0 - 4,500 sqft 3 2 14 1 0 30