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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.
We can currently see (35) homes available in Sedona today.
The Median Sales Price in August was $700,000, up 11.6% from $627,500 in August of 2019 and down -8.2% from $762,500 last month. The average sales price in August was $896,333, up 24.8% from $718,075 in August of 2019 and down -12.3% from $1,022,488 last month. August 2020 ASP was at highest level compared to August of 2019 and 2018. (more Market Report below photos)
Sedona Homes ~ Newest Listings
Sedona Homes ~ Monthly Market Report
August property sales were 9, up from 4 in August of 2019 and 12.5% higher than the 8 sales last month. August 2020 sales were at their highest level compared to August of 2019 and 2018. August YTD sales of 42 are running 7.7% ahead of last year’s year-to-date sales of 39.
The total inventory of properties available for sale as of August was 26, down -10.3% from 29 last month and equal to 26 in August of last year. August 2020 Inventory was at the lowest level compared to August of 2019 and 2018.
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 August was 92, down from 158 days last month and up from 20 days in August of last year. The August 2020 DOM was at a mid range compared with August of 2019 and 2018.
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 August 2020 selling price per square foot of $359 was up 7.5% from $334 last month and up 28.2% from $280 in August of last year.
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 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂