Sheri Sperry's Market Report

Cottonwood, AZ 86326

Single-Family Homes

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



Cottonwood, AZ 86326

Tue Feb 18 2020
This week the median list price for Cottonwood, AZ 86326 is $329,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 65. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Cottonwood, AZ 86326

Tue Feb 18 2020
This week the median list price for Cottonwood, AZ 86326 is $329,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 65. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Cottonwood market.
Median List Price $329,000
Per Square Foot $176
Days on Market 121
Price Decreased 37%
Price Increased 5%
Relisted 6%
Inventory 65
Median Rent $1,260
Most Expensive $985,000
Least Expensive $143,000
Market Action 36
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$456,370 2,200 0.5 - 1 acre 3 2 16 0 1 119
$364,450 2,279 8,000 - 10,000 sqft 3 2 23 1 1 179
$284,500 1,596 8,000 - 10,000 sqft 3 2 26 3 2 100
$224,900 1,288 0.25 - 0.5 acre 3 2 39 2 3 85