SEDONA ARZIONA HOME MARKET CONDITIONS - IT'S NOT A PRETTY PICTURE

COMPARING SEDONA MARKET CONDITIONS FROM NOW VS. THE SAME TIME LAST YEAR... IT ISN'T A PRETTY PICTURE.  THE NUMBER OF SOLD HOMES IS 18 VS 40 AT THIS TIME LAST YEAR.  THE MEDIAN PRICE HAS DROPPED FROM $592,000 TO $506,000 AND THE NUMBER OF ACTIVES IS 590. THE NUMBER OF PENDINGS ARE 41 AND THE MARKET TIME HAS INCREASED FROM 124 DAYS ON THE MARKET TO 162 DAYS ON THE MARKET.  IT IS AND WILL REMAIN A STRONG BUYER'S MARKET.  SELLERS - ATTENTION! PRICE AHEAD OF THE MARKET - TO ATTRACT THE SMALL POOL OF BUYERS THAT ARE OUT THERE.  CALL ME AT 800-975-5943 OR EMAIL ME AT BARBARA@BARBARABAKER.COM OR VISIT ON THE WEB AT WWW.BARBARABAKER.COM