Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Fri Dec 13 2019
This week the median list price for Sedona, AZ 86351 is $699,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 89. 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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Sedona, AZ 86351

Fri Dec 13 2019
This week the median list price for Sedona, AZ 86351 is $699,000 with the market action index hovering around 34. This is an increase over last month's market action index of 33. Inventory has held steady at or around 89. 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 Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $699,000
Per Square Foot $276
Days on Market 160
Price Decreased 52%
Price Increased 4%
Relisted 17%
Inventory 89
Median Rent $1,975
Most Expensive $5,000,000
Least Expensive $294,900
Market Action 34
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. 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
$1,700,000 4,430 1 - 2.5 acres 4 4 16 0 1 243
$849,000 2,949 0.5 - 1 acre 3 3 18 0 1 150
$569,900 2,165 0.25 - 0.5 acre 3 2 21 1 0 116
$449,000 1,728 0.25 - 0.5 acre 3 2 28 1 3 132