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

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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