Empire Title Agency's Market Report

Clarkdale, AZ 86324

Single-Family Homes

www.ewtaz.com | MarketReports@ewtaz.com | 602-749-7000


Clarkdale, AZ 86324

Tue Apr 23 2024
This week the median list price for Clarkdale, AZ 86324 is $537,500 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has decreased to 26. Click here to stay informed with the Clarkdale market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Clarkdale, AZ 86324

Tue Apr 23 2024
This week the median list price for Clarkdale, AZ 86324 is $537,500 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has decreased to 26. Click here to stay informed with the Clarkdale market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Clarkdale market.
Median List Price $537,500
Median Price of New Listings $449,500
Per Square Foot $282
Average Days on Market 104
Median Days on Market 70
Price Decreased 42%
Price Increased 0%
Relisted 12%
Inventory 26
Median Rent
Market Action 38
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
$729,450 2,055 0.25 - 0.5 acre 3 2 12 0 0 101
$566,250 1,855 4,500 - 6,500 sqft 3 2 1 0 1 80
$499,900 1,896 4,500 - 6,500 sqft 3 2 18 0 1 70
$449,500 1,657 4,500 - 6,500 sqft 3 2 6 1 1 42