Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Wed Jan 22 2020
This week the median list price for Sedona, AZ 86351 is $741,950 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 76. Click here to stay informed with the Sedona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Sedona, AZ 86351

Wed Jan 22 2020
This week the median list price for Sedona, AZ 86351 is $741,950 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 76. Click here to stay informed with the Sedona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $741,950
Per Square Foot $283
Days on Market 192
Price Decreased 36%
Price Increased 4%
Relisted 11%
Inventory 76
Median Rent $2,200
Most Expensive $5,000,000
Least Expensive $289,500
Market Action 29
Slight Buyer's Advantage

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,950,000 4,521 1 - 2.5 acres 4 5 17 0 0 305
$899,500 2,992 0.5 - 1 acre 3 3 17 1 2 208
$620,000 2,536 0.25 - 0.5 acre 3 3 23 3 3 120
$449,000 1,762 0.25 - 0.5 acre 3 2 32 2 4 133