Latest Sedona AZ Home for Sale Market Stats

Posted By Barbara Baker @ Nov 23rd 2010 8:45am In: Sedona Real Estate

Well after having typed this 2 different time for the Sedona AZ Home for Sale Market and then having it disappear into the internet cosmos - I am getting tired of having to repeat and repeat.  But it is really the same story. Median SOLD  Price in the beginning of January was $340,000.  Price on April 30th went up to $360,000.  Median Sold Price now is $314,500.  I think the price went up because of the Tax Incentives the Feds had in place and expired by June.  So prices are still fallling.  Foreclosures are still impacting the market " Do you think???"" And will be for quite some time until the feds can get their head out of the sand - and that goes all the way to the man up top.  Our sold volume dropped this past 3rd quarter, and I'm not sure if that was because of the upcoming elections.  However, with the stock market adjusting upwards - that ususally helps people feel more confident about purchasing.  Interest rates will remain low.  So it continues to be a historic time to buy in the Sedona AZ Home for Sale Marketplace -whether as an investment, rental property, 2nd home, or land to hold.  For any comments, to sound off, or to contact me - email, website, facebook or call at 928-301-0669.  Gobble Gobble! Happy Thanksgiving to all!

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