Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Sun Jul 14 2024
This week the median list price for Sedona, AZ 86351 is $1,075,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has held steady at or around 69. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Sedona, AZ 86351

Sun Jul 14 2024
This week the median list price for Sedona, AZ 86351 is $1,075,000 with the market action index hovering around 30. This is less than last month's market action index of 32. Inventory has held steady at or around 69. 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 Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,075,000
Median Price of New Listings $750,000
Per Square Foot $478
Average Days on Market 158
Median Days on Market 98
Price Decreased 54%
Price Increased 3%
Relisted 9%
Inventory 69
Median Rent
Market Action 30
Slight Seller's Advantage

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
$2,295,000 3,592 0.5 - 1 acre 4 4 18 1 1 140
$1,199,000 2,356 0.25 - 0.5 acre 3 3 26 0 0 98
$945,000 2,073 0.25 - 0.5 acre 3 2 28 0 1 63
$648,500 1,766 8,000 - 10,000 sqft 3 2 39 2 1 84