Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Thu Apr 02 2020
This week the median list price for Cottonwood, AZ 86326 is $347,450 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 66. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Cottonwood, AZ 86326

Thu Apr 02 2020
This week the median list price for Cottonwood, AZ 86326 is $347,450 with the market action index hovering around 40. This is about the same as last month's market action index of 40. Inventory has held steady at or around 66. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $347,450
Per Square Foot $185
Days on Market 109
Price Decreased 38%
Price Increased 6%
Relisted 8%
Inventory 66
Median Rent $1,312
Most Expensive $980,000
Least Expensive $170,000
Market Action 40
Slight Seller's Advantage

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$596,125 2,818 1 - 2.5 acres 3 3 21 2 0 114
$374,750 1,880 8,000 - 10,000 sqft 3 2 17 1 1 95
$310,000 1,875 0.25 - 0.5 acre 3 2 24 4 3 138
$220,000 1,339 8,000 - 10,000 sqft 3 2 25 4 2 87