Spring has come early in the Sedona Luxury Real Estate Market - there's been a flurry of activity already this year in the $1M-$1.5M range. There are currently a handful in escrow and lots of other lookers trying to negotiate a deal in this range. Activity seems to be high right now... it doesn't hurt that it will be 70 degrees or more and no clouds for a few months. That always makes an impression on people from out the area. It also helps that prices are reasonable due to the increased inventory. (that is to say... sellers realize the increased inventory and most have made adjustments to price accordingly) The $2M+ range is lagging, but they're getting some looks too - nothing in writing just yet though.
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