Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Sat Dec 03 2022
This week the median list price for Cottonwood, AZ 86326 is $499,000 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 60. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Cottonwood, AZ 86326

Sat Dec 03 2022
This week the median list price for Cottonwood, AZ 86326 is $499,000 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 60. 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.

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $499,000
Median Price of New Listings $425,000
Per Square Foot $277
Average Days on Market 79
Median Days on Market 70
Price Decreased 48%
Price Increased 2%
Relisted 13%
Inventory 60
Median Rent
Market Action 38
Slight Seller's Advantage

We continue to see prices in this zip code bounce around this 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
$799,000 2,481 1 - 2.5 acres 4 3 19 0 0 133
$545,000 1,819 8,000 - 10,000 sqft 3 2 11 2 0 70
$445,000 1,695 8,000 - 10,000 sqft 3 2 23 2 2 56
$385,000 1,487 8,000 - 10,000 sqft 3 2 34 3 6 42