About Sedona Arizona Homes
Beautiful Sedona Arizona Homes, are found North of Phoenix between Cottonwood and Flagstaff Arizona. Your Search Results will appear below showing the “Newest Listings” first. Fine-Tune those results by simply adding more of your own criteria in the form provided below, for better and Quick Results!! Simply “click” on the home photos to display all the details for your selected home. Sedona Arizona has a population of 18,425, with an average age of 57, and average home value of $483,708.
We can currently see (70) homes available in Sedona today.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you – Thanks!! (480)208-7955
Corey Frederic –
Coldwell Banker Residential Brokerage
Some Real Estate listings in Sedona, AZ
Monthly Market Report
July property sales were 3, up from 2 in July of 2018 and -50.0% lower than the 6 sales last month. July 2019 sales were at a mid level compared to July of 2018 and 2017. July YTD sales of 43 are running 26.5% ahead of last year's year-to-date sales of 34.
The median sales price in July was $483,000, down -67.5% from $1,487,500 in July of 2018 and down -18.3% from $591,000 last month. The average sales price in July was $508,667, down -65.8% from $1,487,500 in July of 2018 and down -31.2% from $739,167 last month. July 2019 ASP was at the lowest level compared to July of 2018 and 2017.
The total inventory of properties available for sale as of July was 31, down -3.1% from 32 last month and down -3.1% from 32 in July of last year. July 2019 Inventory was at a mid range compared to July of 2018 and 2017.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer's market, a downward trend a move towards more of a seller's market. The DOM for July was 30, down from 74 days last month and down from 89 days in July of last year. The July 2019 DOM was at its lowest level compared with July of 2018 and 2017.
Selling Price per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the 'mix' of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The July 2019 selling price per square foot of $287 was up 9.1% from $263 last month and up 10.4% from $260 in July of last year.
Selling Price vs Original Listing Price
The selling price vs listing price reveals the average amount that sellers are agreeing to come down from their list price. The lower the ratio is below 100% the more of a buyer's market exists, a ratio at or above 100% indicates more of a seller's market. The July 2019 selling price vs list price of 93.9% was down from 96.1% last month and up from 93.0% in July of last year.