Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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


Cottonwood, AZ 86326

Tue Mar 02 2021
This week the median list price for Cottonwood, AZ 86326 is $300,000 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has held steady at or around 31. Click here to stay informed with the Cottonwood market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Cottonwood, AZ 86326

Tue Mar 02 2021
This week the median list price for Cottonwood, AZ 86326 is $300,000 with the market action index hovering around 59. This is less than last month's market action index of 61. Inventory has held steady at or around 31. Click here to stay informed with the Cottonwood market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $300,000
Per Square Foot $206
Days on Market 28
Price Decreased 32%
Price Increased 10%
Relisted 6%
Inventory 31
Median Rent $1,800
Most Expensive $2,395,000
Least Expensive $95,500
Market Action 59
Strong Seller's Market

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
$659,900 2,260 1 - 2.5 acres 3 2 17 1 0 28
$427,450 1,955 0.25 - 0.5 acre 3 3 12 1 2 31
$272,450 1,373 8,000 - 10,000 sqft 3 2 41 3 2 24
$168,950 1,138 8,000 - 10,000 sqft 2 2 33 0 1 91