Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Wed Feb 21 2024
This week the median list price for Sedona, AZ 86336 is $1,559,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased 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 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

Wed Feb 21 2024
This week the median list price for Sedona, AZ 86336 is $1,559,500 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased 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 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 $1,559,500
Median Price of New Listings $1,200,000
Per Square Foot $587
Average Days on Market 104
Median Days on Market 84
Price Decreased 38%
Price Increased 3%
Relisted 9%
Inventory 66
Median Rent
Market Action 33
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.

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
$4,399,950 4,515 2.5 - 5 acres 4 3.5 14 0 0 112
$2,097,500 3,480 0.5 - 1 acre 4 2.8 23 1 1 98
$1,280,000 2,665 0.25 - 0.5 acre 3 2.5 28 2 1 42
$850,000 1,611 0.25 - 0.5 acre 3 2 44 0 0 56