Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Tue Mar 19 2024
This week the median list price for Cottonwood, AZ 86326 is $550,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Cottonwood, AZ 86326

Tue Mar 19 2024
This week the median list price for Cottonwood, AZ 86326 is $550,000 with the market action index hovering around 36. This is an increase over last month's market action index of 35. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $550,000
Median Price of New Listings $490,000
Per Square Foot $289
Average Days on Market 89
Median Days on Market 49
Price Decreased 36%
Price Increased 2%
Relisted 8%
Inventory 61
Median Rent
Market Action 36
Slight Seller's Advantage

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves 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
$998,000 2,624 1 - 2.5 acres 4 2 25 0 0 147
$629,900 1,878 8,000 - 10,000 sqft 3 1.5 2 1 1 28
$495,000 1,800 8,000 - 10,000 sqft 3 2 23 0 3 77
$375,000 1,445 8,000 - 10,000 sqft 3 2 36 1 4 31