Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Sedona, AZ 86351

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $596,500
Per Square Foot $271
Days on Market 186
Price Decreased 11%
Price Increased 3%
Relisted 6%
Inventory 144
Median House Rent $2,350
Most Expensive $5,995,000
Least Expensive $315,000
Market Action Index
Slight Buyer's Advantage
21

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves 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 3 4 15 1 1 250
$704,500 2,565 0.25 - 0.5 acre 3 3 21 1 0 153
$532,500 2,113 0.25 - 0.5 acre 3 2 26 3 0 190
$434,000 1,704 0.25 - 0.5 acre 3 2 31 2 2 150