Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Tue May 11 2021
This week the median list price for Sedona, AZ 86351 is $824,000 with the market action index hovering around 81. This is an increase over last month's market action index of 69. Inventory has held steady at or around 14. 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.

Strong Seller's Market

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

Tue May 11 2021
This week the median list price for Sedona, AZ 86351 is $824,000 with the market action index hovering around 81. This is an increase over last month's market action index of 69. Inventory has held steady at or around 14. 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.

Strong Seller's Market

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 $824,000
Median Price of New Listings $739,000
Per Square Foot $347
Average Days on Market 34
Median Days on Market 21
Price Decreased 29%
Price Increased 0%
Relisted 14%
Inventory 14
Median Rent $3,695
Market Action 81
Strong Seller's Market

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
$3,000,000 4,560 0.5 - 1 acre 4 6 14 0 0 70
$929,000 3,271 0.5 - 1 acre 3 3 25 1 1 63
$769,000 2,316 0.25 - 0.5 acre 3 3 31 2 3 7
$679,000 2,043 0.25 - 0.5 acre 3 2 30 2 2 7