Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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


Cottonwood, AZ 86326

Wed Jan 22 2020
This week the median list price for Cottonwood, AZ 86326 is $334,330 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 65. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Wed Jan 22 2020
This week the median list price for Cottonwood, AZ 86326 is $334,330 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has held steady at or around 65. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $334,330
Per Square Foot $180
Days on Market 123
Price Decreased 28%
Price Increased 2%
Relisted 3%
Inventory 65
Median Rent $1,260
Most Expensive $1,195,000
Least Expensive $170,000
Market Action 35
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
$597,625 2,460 1 - 2.5 acres 3 2 15 1 1 127
$369,950 2,279 0.25 - 0.5 acre 3 2 24 1 2 141
$284,500 1,564 8,000 - 10,000 sqft 3 2 30 3 5 136
$225,000 1,263 8,000 - 10,000 sqft 3 2 33 2 3 89