Sheri Sperry's Market Report

Sedona, AZ 86351

Single-Family Homes

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



Sedona, AZ 86351

Mon Jun 17 2024
This week the median list price for Sedona, AZ 86351 is $1,099,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has decreased to 73. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 86351

Mon Jun 17 2024
This week the median list price for Sedona, AZ 86351 is $1,099,000 with the market action index hovering around 32. This is about the same as last month's market action index of 32. Inventory has decreased to 73. 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 remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $1,099,000
Median Price of New Listings $779,000
Per Square Foot $486
Average Days on Market 142
Median Days on Market 91
Price Decreased 48%
Price Increased 4%
Relisted 8%
Inventory 73
Median Rent
Market Action 32
Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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.

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
$2,470,000 3,711 0.5 - 1 acre 4 4 14 0 0 108
$1,264,500 2,376 0.25 - 0.5 acre 3 3 22 1 1 91
$944,450 2,137 0.25 - 0.5 acre 3 3 31 1 0 80
$650,000 1,750 8,000 - 10,000 sqft 3 2 40 3 0 70