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 Jul 31 2021
This week the median list price for Cottonwood, AZ 86326 is $425,000 with the market action index hovering around 70. This is less than last month's market action index of 80. Inventory has increased to 35. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Cottonwood, AZ 86326

Sat Jul 31 2021
This week the median list price for Cottonwood, AZ 86326 is $425,000 with the market action index hovering around 70. This is less than last month's market action index of 80. Inventory has increased to 35. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $425,000
Median Price of New Listings $373,750
Per Square Foot $221
Average Days on Market 67
Median Days on Market 21
Price Decreased 29%
Price Increased 6%
Relisted 9%
Inventory 35
Median Rent $1,625
Market Action 70
Strong Seller's Market

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$752,725 2,993 1 - 2.5 acres 4 3 18 1 0 42
$492,000 2,194 0.25 - 0.5 acre 4 3 25 0 1 7
$379,900 1,665 0.25 - 0.5 acre 3 2 34 2 2 21
$349,500 1,592 0.25 - 0.5 acre 3 2 39 3 4 14