Housing Market Report for Sedona, AZ for April 2014

Housing Market Report for Sedona, AZ for April 2014

Real estate market data for Sedona, AZ provided by Jack Whiteside of Keller Williams Check Realty.

Sedona Home Prices

We have seen 3 straight years of listing price increases on home prices in Sedona and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Sedona but having a good real estate agent who understands the market is a must.  

Sedona Home Inventory and Days on Market

If you are interested in how much current inventory is on the market in Sedona you can find that information by clicking on the link. In March of 2014, There were a total of 383 homes on the market and 10.1 months worth of inventory. This is about the same levels as in March of 2013.

Currently in Sedona, homes have a median time of 78 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sedona sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. 

Monthly Homes Sold & Under Contract in Sedona

Monthly New & Expired Homes in Sedona

Median Sales Price, Days on Market & List to Sell Ratio in Sedona

As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Sedona home on which you are making an offer.

How Sedona Stacks Up to Nearby Cottonwood & Flagstaff

Find Homes for Sale in Sedona AZ

Visit my website to search for homes in Sedona or to be notified when Sedona homes come on the market.

To find out what your Sedona home is worth in the current market email me or call 928-554-5021.

Thank you for reading this Housing Market Report for Sedona, AZ for April 2014.