Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Mon Jun 17 2019
This week the median list price for Sedona, AZ 86336 is $849,500 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 186. Click here to stay informed with the Sedona 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Sedona, AZ 86336

Mon Jun 17 2019
This week the median list price for Sedona, AZ 86336 is $849,500 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 186. Click here to stay informed with the Sedona 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 Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $849,500
Per Square Foot $311
Days on Market 192
Price Decreased 32%
Price Increased 5%
Relisted 18%
Inventory 186
Median House Rent $3,200
Most Expensive $5,700,000
Least Expensive $299,000
Market Action Index
Slight Buyer's Advantage
25

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
$1,832,500 4,412 1 - 2.5 acres 3 4 13 3 1 333
$1,075,000 3,375 0.5 - 1 acre 3 4 19 1 0 164
$699,000 2,382 0.25 - 0.5 acre 3 3 26 4 1 156
$499,850 1,854 0.25 - 0.5 acre 3 2 39 3 1 117