Mon Jan 24 2022
This week the median list price for Sedona, AZ 86336 is $1,625,000 with the market action index hovering around 60. This is an increase over last month's market action index of 58. Inventory has increased to 24.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
|Median List Price||$1,625,000|
|Median Price of New Listings||$895,000|
|Per Square Foot||$495|
|Average Days on Market||67|
|Median Days on Market||42|
|Strong Seller's Market|
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$3,997,000||6,383||0.5 - 1 acre||4||5.5||13||0||0||115|
|$1,974,500||4,081||0.5 - 1 acre||4||3.8||29||0||0||70|
|$1,062,500||2,825||0.25 - 0.5 acre||4||3.5||35||3||1||3|
|$842,450||1,703||0.5 - 1 acre||2||2||16||4||1||0|