Sheri Sperry's Market Report

Sedona, AZ 86336

Single-Family Homes

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



Sedona, AZ 86336

Thu Sep 16 2021
This week the median list price for Sedona, AZ 86336 is $1,297,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 45. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Thu Sep 16 2021
This week the median list price for Sedona, AZ 86336 is $1,297,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has increased to 45. 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

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $1,297,000
Median Price of New Listings $799,900
Per Square Foot $488
Average Days on Market 42
Median Days on Market 21
Price Decreased 24%
Price Increased 0%
Relisted 11%
Inventory 45
Median Rent $3,750
Market Action 52
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. 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
$2,970,000 4,057 1 - 2.5 acres 4 4 16 1 1 21
$1,750,000 3,101 0.5 - 1 acre 3 3 24 2 3 21
$959,000 2,112 0.25 - 0.5 acre 3 3 35 2 6 21
$752,500 1,988 0.25 - 0.5 acre 3 2 42 6 2 10