Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Sat Aug 17 2019
This week the median list price for Sedona, AZ 86351 is $599,250 with the market action index hovering around 21. This is less than last month's market action index of 24. Inventory has held steady at or around 128. Click here to stay informed with the Sedona 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 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

Sat Aug 17 2019
This week the median list price for Sedona, AZ 86351 is $599,250 with the market action index hovering around 21. This is less than last month's market action index of 24. Inventory has held steady at or around 128. Click here to stay informed with the Sedona 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 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 $599,250
Per Square Foot $272
Days on Market 174
Price Decreased 7%
Price Increased 3%
Relisted 6%
Inventory 128
Median House Rent $2,038
Most Expensive $5,995,000
Least Expensive $315,000
Market Action Index
Slight Buyer's Advantage
21

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$1,199,500 3,645 1 - 2.5 acres 4 4 15 1 0 211
$749,000 2,697 0.25 - 0.5 acre 3 3 21 2 0 157
$549,500 2,113 0.25 - 0.5 acre 3 3 29 2 4 182
$434,000 1,676 0.25 - 0.5 acre 3 2 29 0 2 146