How is the Sedona AZ 86336 Real Estate Market Doing?

By
Real Estate Agent with Coldwell Banker Residential Brokerage NRDS # 146013739
https://activerain.com/droplet/5j7r

Sedona Arizona 86336

Weekly Real-Time Market Report 2019

Courtesy of Sheri Sperry

 

Crescent Moon Park

Crescent Moon Park 

 

Single Family Home Stats 

90 Day Trends (Jan 18, 2019, to Apr 19, 2019) 

 

Median List Price - increased from $867,269 to $950,480

(7 Day Average moved to $949,000)

Average Days on Market (DOM) - increased from 189 to 202 DOM

(7 Day Average decreased to 186) - Only the top quadrant moved 3 days higher

Inventory - decreased from 119 to 115

(7 Day Average and overall average is increasing to 123)

 

How's The Market?

Market Action Index - increased from 26 to a 28 - This is a slight buyer's advantage

(7 Day Average = 33)

 

Conclusion

While prices have recently plateaued, this is a buyer's market and the supply of homes listed has started growing relative to demand.  This indicates that prices could easily resume a downward trend in conjunction with the Market Action Index (MAI). Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI. 

 

Sedona Luxury home and pool

 

Current Real Estate Market Report Sedona Arizona 86336

 

 Sedona home gym

Many homes take full advantage of the stunning red rock views

 

A Mild Climate with Stunning Red Rock Views

Sedona is a town that is in the transitional climate zone. It is about an hour north of the Sonoran Desert and about 25 minutes from south of the Colorado Plateau.  There is a mix of desert flora as well as pine, juniper trees, and forest. Sedona is surrounded by iconic red rocks and buttes. Some areas will have steep canyon walls and there are miles and miles of trails that crisscross the area. Oak Creek has many picnic areas as well as swimming holes. Slide Rock is a popular summer destination.

Sedona -  A Vibrant Art and Hiking Community

Though Sedona has a little more than 10,000 residents, the visitor population can swell to 30,000 or more. It boasts a vibrant art community and Uptown is tightly packed with shops featuring Native American and New Age wares, along with galleries, restaurants, hotels, and spas. West Sedona has a dynamic business and shopping district with professional services, restaurants, supermarket, and shopping centers.

 

 

 

Sedona Straddles Yavapai and Coconino Counties 

This Sedona weekly real-time market report covers all the areas in Sedona AZ 86336 including West Sedona, Red Rock Loop, Uptown, Little Horse Park and Chapel area. The map below shows the boundaries of the area of Sedona 86336. There is a little over 19.2 square miles of area.

Sight-Seeing and Recreation Abounds in Sedona

The collection of the Verde Valley natural endowments also includes the 1.8 million-acre Coconino National Forest, which surrounds this city and encompasses seven intriguing wilderness areas. Obviously, the list of sightseeing and recreational amenities, including state parks and national monuments, is extensive. In fact, its hardly a surprise that the winding road through Oak Creek Canyon is not only Arizona’s first officially designated scenic highway, but it is also the first leg of a day trip to one of the world’s great wonders, the nearby Grand Canyon.  

 

More Sedona and Red Rock Country

Also, see Sedona homes available by category and subdivision

 

Do YOU have Red Rock Fever? Find out the "cure" below.

 

Stay Informed ~ Subscribe Here

Market Report will be delivered to your email address

 

Post 4 - April Showers Challenge - Hannah Williams 

 

 

Disclaimer

 NOTE: All information presented including, event scheduling, directions and pricing are deemed reliable but not guaranteed. You should check with the organizers, event and attraction website, or management, and organizing team for current information. SellSedona.com is not responsible for inaccuracies or changes to the information provided. Information is provided as a convenience to you. SellSedona.com, Coldwell Banker Residential Brokerage, and Sheri Sperry are not affiliated with or are provided any fees, promotion or consideration for the information contained here.  This is merely a public service posting. Websites and URLs are provided for your convenience and not an endorsement for any activity. 

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Sedona Arizona & Verde Valley Real Estate
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Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Nina Hollander - There are only 122 homes for sale in Sedona 86336. I am sure that your market has a much bigger base which flattens the curve.  

Apr 24, 2019 06:33 AM #8
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Beth Atalay - Our inventory is only 122 homes for this zip code. This is why the median price can fluctuate.  I don't even bother with the average price.

Apr 24, 2019 06:35 AM #9
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Thank you, Hannah Williams - I am well versed in the Sedona area market and enjoy helping clients. 

Apr 24, 2019 06:37 AM #10
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Thank you Sally Crane - I am working on it!

Apr 24, 2019 06:38 AM #11
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi James Dray - Our market is brisk and my office is number one.  Of course, our hot market started in January and will taper off in July and August. 

Apr 24, 2019 06:40 AM #12
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Wayne Martin - Crescent Moon and Red Rock Crossing are one of the most heavily visited areas because of the iconic vista of Cathedral Rock. The grass is only green for a short time after winter rain.

Apr 24, 2019 06:43 AM #13
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Thank you, Roy Kelley. We are lucky to have beautiful areas to photograph in and out of our homes!

Apr 24, 2019 06:45 AM #14
Rainmaker
1,514,871
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Sheri, your market is very strong and I know you've been extremely busy. It sure looks like a prime time to list. There's no one else I'd considering working with if I were buying or selling in Sedona. You're the total package - local knowledge, years of expertise, and phenomenal marketing. 

Apr 24, 2019 06:57 AM #15
Rainmaker
3,063,664
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Good Morning Sheri,  I come up with a great report for your buyers and sellers and us here in the rain.

 

Apr 24, 2019 07:16 AM #16
Ambassador
1,805,632
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Hi Sheri, those marketing days kind of baffle me a bit, especially since your listings seem to go pending so quickly. Just one more reason to hire you to list Sedona area homes. 

Apr 24, 2019 08:03 AM #17
Rainmaker
1,844,944
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Sheri - Sedona is such a beautiful area.  Anyone looking to find their dream home should call you now.

Apr 24, 2019 09:22 AM #18
Ambassador
3,041,730
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

 What a great introduction to the Sedona lifestyle along with a wonderful market report. I could not ask for anything more, Sheri Sperry - MCNE® 

Apr 24, 2019 11:52 AM #19
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Amanda S. Davidson - Thank you so much for that glowing recommendation! I do really appreciate it! 

Apr 24, 2019 12:30 PM #20
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Thank you, Will Hamm!

Apr 24, 2019 12:31 PM #21
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Debb Janes EcoBroker and Bernie Stea JD - My recent listings were in a different part of Sedona (86351).  It is a bedroom community of Sedona 86336.  My listings in that area are all under $650,000.  Premium listing position is between $400,000 to 500,000. Homes sell quickly in this range. 

Apr 24, 2019 12:38 PM #22
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Grant Schneider - Thank you. We are in our high selling season right now. 

Apr 24, 2019 12:39 PM #23
Rainmaker
1,152,741
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

HI Paul S. Henderson, REALTOR®, CRS - Many of those who come to Sedona get bitten by the "Red Rock Fever" bug and want to start looking for that second home or vacation home. We certainly did back in 2000!

Apr 24, 2019 12:42 PM #24
Rainmaker
2,474,127
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

That's valuable real estate market data for home buyers and sellers in Sedona, Sheri.  And, the accompanying photos are amazing!

Apr 25, 2019 02:42 AM #25
Ambassador
2,549,958
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

It is a very beautiful location and appears to have a healthy real estate market as well.

May 05, 2019 07:50 AM #26
Rainer
256,800
Dusty Rhoton SRS, MRES, ABR, SRES, GRI
RE/MAX Fine Properties - Flagstaff, AZ
Flagstaff Real Estate

I just absolutely LOVE visiting Sedona!   The views, the food, the ambiance, and did I say VIEWS!     Sheri you are so blessed to be able to see that view everyday!

May 14, 2019 06:31 AM #27
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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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