Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Sun Jul 14 2024
This week the median list price for Sedona, AZ 86336 is $1,595,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has decreased to 86. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Sedona, AZ 86336

Sun Jul 14 2024
This week the median list price for Sedona, AZ 86336 is $1,595,000 with the market action index hovering around 34. This is less than last month's market action index of 35. Inventory has decreased to 86. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,595,000
Median Price of New Listings $1,398,000
Per Square Foot $608
Average Days on Market 101
Median Days on Market 67
Price Decreased 38%
Price Increased 1%
Relisted 1%
Inventory 86
Median Rent
Market Action 34
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$3,960,000 4,630 1 - 2.5 acres 4 4 17 1 1 161
$2,400,000 3,468 0.5 - 1 acre 4 3 26 4 1 35
$1,336,000 2,438 0.25 - 0.5 acre 3 2.5 28 3 0 52
$844,000 1,602 8,000 - 10,000 sqft 3 2 47 3 2 59