Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Sat Aug 17 2019
This week the median list price for Cottonwood, AZ 86326 is $290,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 59. Click here to stay informed with the Cottonwood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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.

Cottonwood, AZ 86326

Sat Aug 17 2019
This week the median list price for Cottonwood, AZ 86326 is $290,500 with the market action index hovering around 42. This is an increase over last month's market action index of 40. Inventory has held steady at or around 59. Click here to stay informed with the Cottonwood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 Cottonwood market.
Median List Price $290,500
Per Square Foot $174
Days on Market 106
Price Decreased 36%
Price Increased 7%
Relisted 2%
Inventory 59
Median House Rent $1,338
Most Expensive $949,000
Least Expensive $159,900
Market Action Index
Slight Seller's Advantage
42

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$494,000 2,944 1 - 2.5 acres 3 3 28 1 0 104
$340,000 2,096 0.25 - 0.5 acre 3 2 21 0 3 198
$265,000 1,599 0.25 - 0.5 acre 3 2 31 4 2 63
$214,900 1,280 8,000 - 10,000 sqft 3 2 35 3 1 58