Cottonwood Arizona 86326
Listing ID 508821 Offered by Re/MAX Sedona
Cottonwood Arizona 86326 Homes For–Sale
These are real time charts that tell us “How the market is doing”. See the definition of Market Action Index above. Altos Research uses a complex algorithm to provide the MAI.
Cottonwood Arizona 86325 is a city, about a half hour south of Sedona. It is located off highway 260. Cottonwood is known for it’s big box shopping centers and is also known for the Verde Valley Medical Center. There are many medical offices around the hospital that provide all the services you might need. Go to LifeInSedona.com and select Cottonwood for more information.
Since April of 2015 as some markets became much more soft, Cottonwood has been moving in an upward trend and continued to strenghten. As of January 2016, the Market Action Index (MAI) is climbing sharply.
Another indicator shows that inventory is lightening up (probably because sellers tend to wait until Spring to start a new listing). But the inventory is still being depleted and prices are slightly higher which has mildly positive indications for the market. Days On Market (DOM) are trending upward. If that trend continues the MAI will level out and move toward a buyers market. Though at over 10 points above the equilibrium point, this may not have much impact when the market starts to heat up in April.
The Characteristics per Quartile show the MAI at 40 for the highest quartile while the other 3 quartiles are close to the 50 point mark. Remember that a MAI of 30 is the point of equilibrium between a buyer or seller market.
The homes in the Cottonwood area are priced more competitively than Sedona. You get more home and property for the price. Also it is an easy drive to Sedona to enjoy the beauty of that area.
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Reports are generated weekly on Mondays
Select Link Below To See Cottonwood Single Family Homes in Each Price Range
Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker Reciprocity