Sedona AZ 86336 - Condo & Townhouse Market Report - January 2017

By
Real Estate Agent with Coldwell Banker Residential Brokerage NRDS # 146013739
http://activerain.com/droplet/4YPv

How's The Market Doing?

Condos & Townhouses For-Sale

Sedona Arizona 86336

January 2017 ~

REAL TIME Market Report & Analysis

Sedona condos & townhouses for sale

Learn More About Sedona Arizona 86336

Courtesy of Sheri Sperry ~ Re/Max Sedona 

Sheri Sperry ReMax Sedona & Sellsedona.com

Your Solutions Realtor®

Check out the most current monthly reports in the Sedona Verde Valley at REMAXSEDONA.NET

~ ~ ~


Sedona Arizona 86336 Condos & Townhouses For-Sale

Report 01/09/17

Sedona Condo January Market Report

January Sedona Condo and Townhouse for sale market reports

As you research the Sedona January condo & townhouses for sale and market report, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index (MAI) above. Altos Research uses a complex algorithm to provide the MAI.

Sedona Information

Sedona 86336 is the heart of Sedona. There are two zip codes 86336 and 86351. These Market Reports will highlight 86336. In this zipcode, you will find the majority of the shopping, entertainment, restaurants, and lodging. It also includes a couple of 5 star resorts and the camping areas and mountain style living in the Oak Creek area heading toward Flagstaff. Sedona 86336 is basically areas such as the Chapel area, Uptown, West Sedona, the Airport Mesa area and Red Rock Loop. Our condos are located in the West Sedona area.


Supply and Demand - Sedona 86336 

Inventory

inventory -The inventory has hit new lows since 2016.  There are only 9 Condos available through all subdivisions and neighborhoods in Sedona proper (86336 zip code). 

Days On Market

Days On Market - The average DOM ranges between 117 to 259. The third quartile (see chart below) shows the smallest number of days on market at 103. 

Bottom Line

As stated in other reports, last month interest rates have been increased by the Fed. However, the Sedona 86336 market is steady right now.  Even though the DOM is high, the inventory is very low. Many buyers are looking for the convenience of lock and go residences that are maintained by associations (HOA). 

Buyer or Seller Market  (MAI)

The Market Action Index is showing a strong seller's advantage and moving up. Basically, buyers should take note of this and understand that because of the low inventory the seller may not be as willing to make concessions.  However, because the days on market is high across all segments, some sellers may be more motivated to sell.   

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

Sedona January Condo Market Report

Characteristics per Quartile

January 2017

Sedona Condos & Townhouses for sale


To learn more about these market reports please visit:

The Discover SellSedona.com or visit Market Stats on my website. Reports are generated weekly on Mondays

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)


Search For Sedona & Verde Valley AZ Property By Category


 

There are 9 Sedona Condos and Townhouses for sale


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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

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 Sellers How Much Is Your Condo, Townhouse or Home Worth?  ~ Sheri can assist you. 


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

Sedona homes for sale

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

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Rainmaker
1,675,156
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Those Townhouses and Condos must be newer. I don't recall seeing anything like that when I traveled to Sedona in the late 80's or early 90's. You provided excellent and impressive information. Staying current on the market and knowing market trends is something you do exceptionally well!

Have a wonderful day!

Jan 15, 2017 05:53 AM #1
Rainmaker
1,884,937
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It would be great to have a condo or townhouse in Sedona to visit from time to time, especially during the summer months!

Jan 15, 2017 05:57 AM #2
Rainmaker
2,830,668
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hi Sheri -- while the information you provide is excellent, the photos in your market report are so eye-catching.   I'm sure the combination of the data, your insights and the beautiful setting will attract those interesting in making a move to Sedona.   You're a great ambassador of the area.  

Jan 15, 2017 07:24 AM #3
Ambassador
2,288,893
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

You are certainly having some inventory challenges out there.  I guess once people get settled and start enjoying the area, they don't want to budge.

Jan 15, 2017 09:18 AM #4
Ambassador
1,656,387
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Sheri Sperry - MCNE®  You have written an up to date and informative market report on Sedona-Az-86336----condo---townhouse-market-report---January-2017

Jan 15, 2017 10:39 AM #5
Rainmaker
3,232,055
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Sheri

The Sedona Arizona 86336 real estate market needs townhome and condo listing.

Good luck and success.

Lou Ludwig

Jan 15, 2017 07:49 PM #6
Ambassador
2,646,535
Paul S. Henderson, REALTOR®,CRS,
RE/MAX Professionals. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I really like your market report format. It has something for everyone looking for a knowledgeable broker or agent. Great Job Sheri Sperry - MCNE® 

Jan 15, 2017 08:27 PM #7
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Rainmaker
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Sheri Sperry - MCNE®

(928) 274-7355 ~ YOUR Solutions REALTOR®
Don't know Sedona AZ? Let me answer EVERY question! Call me!
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