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 Apr 24 2024
This week the median list price for Sedona, AZ 86336 is $1,600,000 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has decreased to 83.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Real-Time Market Profile
| Median List Price | $1,600,000 | |
| Median Price of New Listings | $1,650,000 | |
| Per Square Foot | $570 | |
| Average Days on Market | 100 | |
| Median Days on Market | 56 | |
| Price Decreased | 39% | |
| Price Increased | 5% | |
| Relisted | 8% | |
| Inventory | 83 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $4,224,999 | 4,890 | 1 - 2.5 acres | 4 | 3.5 | 17 | 1 | 1 | 154 |
| $1,900,000 | 3,395 | 0.5 - 1 acre | 3 | 3 | 25 | 3 | 2 | 35 |
| $1,340,000 | 2,665 | 0.25 - 0.5 acre | 3 | 2 | 28 | 3 | 2 | 77 |
| $875,000 | 1,667 | 0.25 - 0.5 acre | 3 | 2 | 41 | 0 | 3 | 42 |