Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Tue Feb 18 2020
This week the median list price for Sedona, AZ 86336 is $822,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 138. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Sedona, AZ 86336

Tue Feb 18 2020
This week the median list price for Sedona, AZ 86336 is $822,000 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 138. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $822,000
Per Square Foot $311
Days on Market 207
Price Decreased 28%
Price Increased 6%
Relisted 20%
Inventory 138
Median Rent $1,530
Most Expensive $4,950,000
Least Expensive $34,900
Market Action 28
Slight Buyer's Advantage

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves 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
$1,962,500 4,597 1 - 2.5 acres 3 4 13 3 3 363
$1,112,500 3,218 0.5 - 1 acre 3 3 23 1 2 252
$674,900 2,279 0.25 - 0.5 acre 3 3 21 4 4 120
$299,000 1,788 8,000 - 10,000 sqft 3 3 34 4 4 98