March 16 ~Cornville Homes~ Market Analysis

Sheri Sperry March 19, 2016

Homes For-Sale

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Cornville Arizona 86325

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March 2016

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Market Reports Analysis 

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March Cornville homes

 ~ Learn More About Cornville Arizona 86325 ~

Courtesy of Sheri Sperry Re/MAX Sedona

YOUR Solutions Realtor®


 

Cornville Arizona 86325 Homes For-Sale

Market Report March 14, 2016

March 16 Cornville Homes for sale

MARCH CORNVILLE HOMES – First of all 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.

Cornville 86325 which includes the community of Page Springs, is growing among those looking at buying homes for sale. Many homes such as the neighborhoods and sub-divisions of Verde Santa Fe are newer homes with great appeal. Verde Santa Fe (VSF) has several neighborhoods that appeal to a variety of residents and buyers.   VSF amenities abound, from gated communities, two clubhouses, neighborhood and community pools and a golf course where residents can belong to the VSF Men’s Club or Ladies League. Call golf course for more info and pricing.  928-634-5454.

The Cornville area is also a bedroom community of Sedona, and it’s close proximity to Cottonwood can be very appealing to many people.  Cottonwood has big box stores such as Home Depot and Wal-Mart as well as the Verde Valley Medical Center.  This is very appealing to many who need to be near medical facilities, doctors and other professionals.

The March Cornville Homes Market Report will highlight Zip Code 86325.

Check the interactive charts below.  These charts are always up-to-date with a Wi-Fi or Internet connection. 

The report analysis in March for Cornville homes continues to see the DOM (days on market) moving upward since summer of 2015. However, three of the four quartiles are slowing down with the bottom quartile decreasing slightly. We are currently in the ‘on-season’ and should show improved sales activity. The inventory levels have been decreasing since the same time period of last year, which is providing a neutral push on the Market. Historically many sellers start preparing their home for sale this time of year. So inventory levels may increase in April.  There is one less house on the market than in February. 

Overall, buyers may find some reasonable areas of selection in the top quartile, but the other three quartiles are still in the seller advantage range. Though the MAI is dropping. Remember that though it is mostly a seller’s market advantage, there may properties that present a better sales position based on the motivation and willingness of the seller to negotiate.  This market is basically in a neutral push. Prices and inventory are holding steady however the DOM (Days On Market) are moving upward causing the MAI to show a downward trend. 

One note: The Luxury Market for Cornville currently sits at a price point of $549,000 and above. The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president of defines the Luxury Market as the top 10% of the listings available.

To learn more about these market reports please visit the Learning Center or visit Market Reports on my website.

 

March 16 Cornville homes for-sale-market reports

Search for Cornville Homes by Price Range

There is Cornville home for sale (currently) priced at $1 million and over – (no change)

$425,000 and up – returned 15 Cornville homes for sale – (no change)

$349,000 to $424,999 returned 13 Cornville homes for sale – 2 or -13%

$249,000 to $348,999 returned 14 Cornville homes for sale (no change)

$248,999 and under returned 17 Cornville homes for sale +1 or 6%

The listings above can change at any given time based on homes being added or subtracted from the Multiple Listing Service (MLS).


Interactive charts below will continue to show current market information


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MAI or Market Action Index answers the question “Hows the Market?” by measuring the current rate of sale versus the amount of the inventory.  Index above 30 implies a seller’s advantage.  Below 30, conditions give the advantage to the buyer.


SEARCH ALL HOMES FOR SALE IN

CORNVILLE – PAGE SPRINGS – VERDE SANTA FE



ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you. I am YOUR Solutions Realtor.” ~ Sheri Sperry

 Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker Reciprocity

search for Cottonwood homes for sale

A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past, and current information. It is deemed reliable but not guaranteed.

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