Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Thu Sep 21 2023
This week the median list price for Sedona, AZ 86336 is $1,449,999 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 66. Click here to stay informed with the Sedona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Sedona, AZ 86336

Thu Sep 21 2023
This week the median list price for Sedona, AZ 86336 is $1,449,999 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 66. Click here to stay informed with the Sedona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,449,999
Median Price of New Listings $1,100,000
Per Square Foot $556
Average Days on Market 104
Median Days on Market 84
Price Decreased 39%
Price Increased 3%
Relisted 17%
Inventory 66
Median Rent
Market Action 31
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$4,162,500 4,047 1 - 2.5 acres 4 3.8 9 0 1 94
$1,688,500 3,280 0.25 - 0.5 acre 3 3 28 0 1 115
$1,300,000 2,784 0.25 - 0.5 acre 3 3 24 3 1 56
$995,000 1,926 0.25 - 0.5 acre 3 2 44 4 1 91