Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Tue Mar 19 2024
This week the median list price for Sedona, AZ 86336 is $1,630,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 81. 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

Tue Mar 19 2024
This week the median list price for Sedona, AZ 86336 is $1,630,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has increased to 81. 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 $1,630,000
Median Price of New Listings $1,124,500
Per Square Foot $570
Average Days on Market 102
Median Days on Market 84
Price Decreased 33%
Price Increased 4%
Relisted 10%
Inventory 81
Median Rent
Market Action 31
Slight Seller'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
$4,274,950 5,469 1 - 2.5 acres 4 3.5 17 1 0 133
$2,225,000 3,851 0.5 - 1 acre 3 3 26 3 1 94
$1,317,500 2,869 0.25 - 0.5 acre 3 2 28 3 3 70
$869,000 1,659 0.25 - 0.5 acre 3 2 39 5 3 21