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

By
Real Estate Agent with Coldwell Banker Realty NRDS # 146013739

 

How's The Market Doing?

Condos & Townhouses For-Sale Sedona Arizona 86336

May 2017 ~ Market Conditions & Analysis

Sedona condos & townhouses for sale

Learn More About Sedona Arizona 86336

Courtesy of Sheri Sperry ~ Coldwell Banker Residential Brokerage

May Sedona condo market Sheri Sperry Coldwell Banker Sedona Realtor

Your Solutions Realtor®

Check out the most current monthly reports in the Sedona Verde Valley at SedonaMarketReports.com

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Sedona Arizona 86336 Condos & Townhouses For-Sale

Report 05/29/17

May Sedona Condo Market Report

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.


 Condo & Townhouse Market Report

Sedona May Condo 86336 market conditions

 


*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona condos, townhouses, & 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 Here - For Sedona & Verde Valley AZ Property By Category


Select this link (below) to search for Condos and Townhouses For Sale

There are 10 Sedona Condos and Townhouses for sale in Zip 86336

 


 Supply and Demand Charts - Sedona 86336 


May Sedona condo market conditions


 

Closed Stats for January through May

Sedona May Condo 86336 market conditions


Inventory

inventory -The inventory has hit new lows since 2016.  This low inventory has been like this for the entire 2017 season.  There are only 10 Condos available through all subdivisions and neighborhoods in Sedona proper (86336 zip code). 

Large Chart

Interactive chart will continue to show current market information

Buyer or Seller Market  (MAI)

The Market Action Index is showing a strong seller's advantage at 39. 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.  Also, Days on Market (DoM) are also dropping rapidly every month. Buyers should be ready to purchase or they may lose out on the sale. The "Push Pull" point for supply and demand is an MAI of 30. Above 30 is a seller's market.  Large Chart  

Interactive chart will continue to show current market information

Bottom Line

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). 


SOLUTIONS FOR SELLERS

If you select Sheri Sperry, she will provide marketing

that most agents reserve for luxury homes only.  

Beside professional photography, - aerial pictures and video are included.

Our marketing materials are customized with you and your home or property in mind.

We ask the question. “What type of marketing will attract the right buyers?

Call Sheri for a custom listing presentation designed especially for you.

 

For more information and expert strategy analysis of your property

Contact Sheri Sperry - Coldwell Banker Residential Brokerage of Sedona - REALTOR®.

 

SOLUTIONS FOR BUYERS 

 

Complimentary Consultation over the phone or in person. 

 

You need a Master Certified Negotiations Expert -  MCNE® working for 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.

 

Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Sheri

The May 2017 inventory of condos shows Sedona Arizona is in need of more condo's to sell.

Good luck and success.

Lou Ludwig

Jun 10, 2017 08:49 PM
Sheri Sperry - MCNE®

Hi Lou, 


Owners who are thinking of becoming sellers should act now while the inventory is low!

Jun 11, 2017 05:18 AM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By Real - Alexandria, VA
Alexandria Virginia Homes For Sale

Sheri, anyone considering selling their Sedona AZ condo would be wise to contact you and put your expertise to work. The current market conditions are in a sellers favor. 

Jun 11, 2017 05:42 AM
Sheri Sperry - MCNE®

Hi Amanda, 


You are so right! Sellers - now is the time to list. Your home will sell!

Jun 11, 2017 08:20 AM
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Sheri - your extreme sellers' market in Sedona underscores the reason why it is important to have the right representation for buyers and sellers.   Your deep knowledge of the market underscores your value to those looking to make a move in the area.  

Jun 11, 2017 06:30 AM
Sheri Sperry - MCNE®

Hi Michael, 


You hit it! "Extreme sellers' market" is the key. Now is the time to get the home, condo and townhouse on market.

Jun 11, 2017 08:27 AM
Roy Kelley
Retired - Gaithersburg, MD

Families on the move will appreciate your real estate market reports.

Jun 11, 2017 07:57 AM
Sheri Sperry - MCNE®

Hi Roy, 


There is a lot to unpack and I can make it all easy to understand and more important, beneficial.

Jun 11, 2017 08:29 AM
Lou Ludwig
Ludwig & Associates - Boca Raton, FL
Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC

Sheri

The Sedona Arizona condo and townhome market continues to be very active.

Good luck and success.

Lou Ludwig

Jun 11, 2017 08:37 PM
Sheri Sperry - MCNE®

I agree with you Lou. However, fewer listings means fewer sales. Inventory plays a big role in how active the market is.

Jun 12, 2017 11:38 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Those prices don't look too bad consideing the quality of life in Sedona and beeing a great second home location.

Jun 12, 2017 07:52 AM
Sheri Sperry - MCNE®
Coldwell Banker Realty - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Joe, 

You are right.  An example is the luxury townhouses under Coffeepot Rock are in the plus or minus $725,000 range. However the average home price in Soldiers Pass where these townhouses are located is about $1.4 million plus. These townhouses are at the very end of Soldiers Pass bordering forest on prime property.

Jun 12, 2017 11:46 AM