Sedona ~ Real-Time Market Profile ~ Wk 12/21/15

By
Real Estate Agent with Coldwell Banker Residential Brokerage NRDS # 146013739

 

"How is the market doing?"

Sedona Real Estate City Overview

Real Time Market Profile For Week of December 21, 2015

This information is for single family homes in the city of Sedona including Big Park and Village of Oak Creek. 

The data takes in all tiers.  

For Example... the top tier shows 290 Days On Market (DOM) but the bottom tier is showing 123 DOM.  This is a huge difference and shows how strong the bottom tier is compared to the rest.  However the top is 106 DOM higher than the rest of the market  which is in the Seller portion of the Market Action Index.  

That means that sellers have an advantage over the buyers. Inventory is tightening and DOM is falling. However, MAI is trending down which is not giving strong up or down signals from this data. 

 

See below...

 

This is a real-time index - There is an algorithm that has determined that 30 is the neutral point between a seller's or buyer's market. Numbers above 30 indicate a robust market and the converse is true for numbers below 30.  The line in green is hovering around 25 for the top quartile meaning the market favors the buyer.  You can see all the lines are trending down slightly.  The holiday season is in play right now. 

I have a learning module that you can visit to get more information. It is in the Learning Center of my website.  

 

You can access the Market Report Learning Module video here.  

Go to marker 4:07 to hear directly from Altos Reasearch about the Market Action Index

 

See homes $375,000 to $550,000 located in Sedona 86336

Custom Property Search 

 

See more property search links below 

 

This weekly report is provided by Altos Research. 

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

Sheri

The Sedona Arizona real estate market for 12-21-15 good very positive.

Good luck and success.

Lou Ludwig

Dec 23, 2015 12:05 PM #1
Rainmaker
5,460,114
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Best wishes to you and your family for a Very Merry Christmas and a Happy New Year!

Dec 24, 2015 05:40 AM #2
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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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