Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Sat Feb 04 2023
This week the median list price for Sedona, AZ 86351 is $895,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has decreased to 39. 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

Sat Feb 04 2023
This week the median list price for Sedona, AZ 86351 is $895,000 with the market action index hovering around 32. This is less than last month's market action index of 33. Inventory has decreased to 39. 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 $895,000
Median Price of New Listings $3,230,000
Per Square Foot $429
Average Days on Market 126
Median Days on Market 91
Price Decreased 44%
Price Increased 5%
Relisted 21%
Inventory 39
Median Rent
Market Action 32
Slight Seller's Advantage

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
$2,650,000 3,416 1 - 2.5 acres 4 4 22 1 0 84
$970,000 2,235 0.25 - 0.5 acre 3 2.5 24 0 1 105
$797,000 1,847 0.25 - 0.5 acre 3 2 24 0 0 73
$677,450 1,754 0.25 - 0.5 acre 3 2 39 0 0 203