Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Mon Jun 17 2019
This week the median list price for Cottonwood, AZ 86326 is $322,367 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 64. Click here to stay informed with the Cottonwood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Cottonwood, AZ 86326

Mon Jun 17 2019
This week the median list price for Cottonwood, AZ 86326 is $322,367 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has held steady at or around 64. Click here to stay informed with the Cottonwood market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $322,367
Per Square Foot $179
Days on Market 101
Price Decreased 41%
Price Increased 6%
Relisted 5%
Inventory 64
Median House Rent $1,195
Most Expensive $988,000
Least Expensive $140,000
Market Action Index
Slight Seller's Advantage
39

Prices in this zip code seem to have settled around a 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
$526,500 2,983 1 - 2.5 acres 3 3 28 2 1 111
$352,450 1,852 8,000 - 10,000 sqft 3 2 15 1 0 125
$280,000 1,758 0.25 - 0.5 acre 3 2 25 0 4 89
$209,400 1,310 0.25 - 0.5 acre 3 2 34 1 3 77