Today Sedona Real Estate saw plenty of activity - 11 new listings but 18 price reductions. 7 Properties went under contract and there were 3 closed sales. Have a look:

New Listings 11  
Back on Market 6  
Price Increases 1  
Price Reductions 18  
Contingents 5  
Pendings 2  
Solds 3  
Expireds 3  
Inactives 2  

Sedona Market Conditions show that this is an opportune time to buy a Sedona home for sale or Verde Valley Real Estate listings.

Beth Larsen, RE/MAX Sedona
928-284-2501 www.Move2Sedona.com

 
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2 Comments on Sedona Market Conditions for March 3, 2011 - Still a Buyer's Market, Folks.

MAR
04
2011
261,234 Points 2 Featured Posts Localism Sponsor Called Shot Master

Beth...that shows movement in Sedona markets--interesting to see a price INCREASE as well.  Adding the New & back on market listings you have 17 listings--that is great.  DOM are less relevant [i think] these days when so many are watching & waiting to see what a state's economy, the jobs market or IF the price will drop.  As long as those who are in the waiting stage don't wait too long--sales should come about.  Have a great weekend.
Barb

2:55pm • #1
MAR
05
2011
177,376 Points

Hello Barb, yes...it's great to see activity pick up in the Sedona real estate market. The outlying communities in the Verde Valley are also experiencing more listings and sales as we move into our spring selling season. We're finding that while it is still a buyer's market, the well-priced properties don't last too long, but we've always had sellers who want to 'wait for their price', and those can sit on the market for a long time. That strategy used to work -not in our current market.

You have a great weekend too!

6:47am • #2


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Beth Larsen, Sedona Arizona (RE/MAX Sedona) Rainmaker_large

Beth Larsen, Sedona Arizona

Sedona, AZ

More about me…

RE/MAX Sedona

Address: 2290 W SR 89A, Sedona, AZ, 86336

Office Phone: (928) 282-4166 x 252

Cell Phone: (928) 284-2501

Email Me

Life and real estate in Sedona and the Verde Valley. Get to know this slice of heaven in the high desert land of north central Arizona. Sedona real estate, Cornville real estate, Cottonwood real estate, Camp Verde real estate, Lake Montezuma real estate, Rimrock real estate, Jerome real estate. Community information, Buyer & Seller articles, events & more.Follow Move2Sedona on Twitter

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