Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Wed Oct 23 2019
This week the median list price for Cottonwood, AZ 86326 is $309,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 61. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 Oct 23 2019
This week the median list price for Cottonwood, AZ 86326 is $309,900 with the market action index hovering around 43. This is less than last month's market action index of 45. Inventory has held steady at or around 61. 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 started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $309,900
Per Square Foot $183
Days on Market 112
Price Decreased 31%
Price Increased 7%
Relisted 2%
Inventory 61
Median House Rent $1,298
Most Expensive $1,195,000
Least Expensive $159,900
Market Action Index
Slight Seller's Advantage
43

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
$675,000 2,506 1 - 2.5 acres 3 2 15 1 1 101
$349,700 2,134 0.25 - 0.5 acre 4 2 22 1 1 154
$269,000 1,451 0.25 - 0.5 acre 3 2 24 4 3 113
$212,500 1,240 8,000 - 10,000 sqft 3 2 33 2 1 78