Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Wed Oct 23 2019
This week the median list price for Sedona, AZ 86351 is $689,000 with the market action index hovering around 32. This is an increase over last month's market action index of 28. Inventory has held steady at or around 87. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Sedona, AZ 86351

Wed Oct 23 2019
This week the median list price for Sedona, AZ 86351 is $689,000 with the market action index hovering around 32. This is an increase over last month's market action index of 28. Inventory has held steady at or around 87. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $689,000
Per Square Foot $287
Days on Market 132
Price Decreased 49%
Price Increased 2%
Relisted 11%
Inventory 87
Median House Rent $1,950
Most Expensive $4,995,000
Least Expensive $199,000
Market Action Index
Slight Seller's Advantage
32

We continue to see prices in this zip code bounce around these current levels. Look for a persistent down-shift in the Market Action Index before we see prices dip. A persistent increase in Market Action could indicate prices will test their previous high points.

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
$1,375,000 4,457 1 - 2.5 acres 3 4 16 2 0 210
$849,450 2,931 0.25 - 0.5 acre 3 3 17 0 3 114
$589,450 2,278 0.25 - 0.5 acre 3 2 25 1 3 107
$454,500 1,662 8,000 - 10,000 sqft 3 2 33 5 4 100