Sedona Real Estate Blog

Happy 4th of July. Well if you want to start your 4th with a BANG buy a homes in Sedona. In many of our markets- Residential Resale, Condos, and especially vacant land - we are seeing prices we haven't seen since 03/04. Close to 40% of our solds are foreclosures - but hey that is really what is d...

Due to the lower price points in the Sedona marketplace, buyers who have always wanted to live in Sedona and previously couldn't afford it, buyer's who always DREAMED  for a 2nd home in Sedona, are now snapping up our low foreclosures and short sale properties.  Our residential resale market is s...

  Well. the Sedona Home Sale Market Place is slowly inching it's way back up.  For the end of May - the Median sold price was $426,000.  down by 16% from last year at this time, but up substantially from our record low point of this past January at $341,500 The number of our Pending is up by 135...

   Everyone Wants a Lower Price, But What About the Impact of Interest Rates?  When shopping for a home, the natural tendency of any buyer is to want to pay the lowest price possible. It's important to keep in mind, however, that the sales price is not the only factor that determines what your m...

  Sedona AZ Real Estate has had and continues to have its' share of Foreclosures and Short Sales undervalue our marketplace. Since the 1st of January 40% of our sold homes are either a foreclosure or a short sale.  AND of our homes currently under contract - 55% of those are Foreclosures and Sho...

  Statistically, we hit bottom on January of 09 with a price point of $341,500. Our solds are now averaging around $430,000. And we have more pending sales now, then we had at our all time high of May 05. 1/2 of those homes currently under contract are either a foreclosure or a short sale - whic...

Sedona Real Estate - Land is for the Buyer's taking! The Sedona AZ Real Estate Market is seeing a strong buyer's market in the Vacant Land Arena.  Currently there is a 7 year supply of vacant land on the market. What does that mean? It means that there is such an oversupply of land on the market,...

SEDONA REAL ESTATE MARKET STARTS TO REBOUND!Well some local experts beleive we have hit bottom in our pricing - and from our real estate statistic it seems that we are on the rebound! Currently we have sold 61 properties in Sedona since January with a median sold price of $401,000.  Currently we ...

  WELL, OUR MARKET IS HITTING UP - WITH MORE HOMES GOING UNDER CONTRACT SINCE 2006. IN FACT PENDINGS SALES ARE TRIPLE OF WHAT THEY WERE SINCE THIS PAST DECEMBER.  WITH THE FEDS FINALLY GETTING IT RIGHT BY HELPING BANKS SHED THEIR TOXIC ASSETS - BANKS CAN NOW GET BACK IN THE BUSINESS OF LENDING. ...

Well.. it has finally happened.  The Sedona Real Estate Market has bottomed out.  That happened in January at $341,500 - for a median price.  Currently for the Months between January and March of 09 - Median Price Point is $427,000.  We are having a significant amount of homes currently go under...