Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Sun Aug 01 2021
This week the median list price for Sedona, AZ 86336 is $1,587,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has decreased to 26. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Sedona, AZ 86336

Sun Aug 01 2021
This week the median list price for Sedona, AZ 86336 is $1,587,000 with the market action index hovering around 65. This is an increase over last month's market action index of 64. Inventory has decreased to 26. 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.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,587,000
Median Price of New Listings $1,117,499
Per Square Foot $513
Average Days on Market 80
Median Days on Market 49
Price Decreased 31%
Price Increased 4%
Relisted 27%
Inventory 26
Median Rent $5,750
Market Action 65
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$2,830,000 4,033 1 - 2.5 acres 4 3 31 1 0 101
$2,175,000 2,705 1 - 2.5 acres 3 4 32 0 1 49
$1,235,000 3,069 0.5 - 1 acre 3 3 24 1 2 35
$825,000 2,136 0.25 - 0.5 acre 3 2 37 2 4 49