Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Wed Apr 24 2024
This week the median list price for Sedona, AZ 86351 is $1,075,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 69. 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 has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Sedona, AZ 86351

Wed Apr 24 2024
This week the median list price for Sedona, AZ 86351 is $1,075,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has increased to 69. 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 has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,075,000
Median Price of New Listings $919,000
Per Square Foot $453
Average Days on Market 126
Median Days on Market 70
Price Decreased 36%
Price Increased 3%
Relisted 9%
Inventory 69
Median Rent
Market Action 32
Slight Seller's Advantage

In a market where prices are rising some, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

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
$2,295,000 3,763 0.5 - 1 acre 4 4 18 1 3 56
$1,200,000 2,428 0.25 - 0.5 acre 3 3 25 0 2 56
$920,000 2,086 0.25 - 0.5 acre 3 2 25 4 0 70
$661,500 1,664 6,500 - 8,000 sqft 2 2 30 1 2 122