Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Fri Mar 29 2024
This week the median list price for Sedona, AZ 86336 is $1,590,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 87. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Sedona, AZ 86336

Fri Mar 29 2024
This week the median list price for Sedona, AZ 86336 is $1,590,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 87. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,590,000
Median Price of New Listings $989,000
Per Square Foot $578
Average Days on Market 102
Median Days on Market 84
Price Decreased 37%
Price Increased 3%
Relisted 11%
Inventory 87
Median Rent
Market Action 31
Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$4,250,000 4,780 1 - 2.5 acres 4 3.5 17 0 0 147
$2,047,750 3,506 0.5 - 1 acre 4 3 27 2 1 70
$1,287,500 2,567 0.25 - 0.5 acre 3 2 28 3 0 77
$864,500 1,586 0.25 - 0.5 acre 3 2 44 6 3 14