Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Fri Jul 10 2020
This week the median list price for Cottonwood, AZ 86326 is $324,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has held steady at or around 51. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Cottonwood, AZ 86326

Fri Jul 10 2020
This week the median list price for Cottonwood, AZ 86326 is $324,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has held steady at or around 51. 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 settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $324,000
Per Square Foot $184
Days on Market 133
Price Decreased 37%
Price Increased 10%
Relisted 8%
Inventory 51
Median Rent $1,295
Most Expensive $980,000
Least Expensive $137,500
Market Action 43
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing 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
$576,125 2,555 0.25 - 0.5 acre 3 2 2 0 1 174
$360,000 1,875 6,500 - 8,000 sqft 3 2 19 2 1 171
$293,500 1,695 8,000 - 10,000 sqft 3 2 24 3 2 51
$180,000 1,400 0.25 - 0.5 acre 3 2 33 1 1 136