Sedona Real Estate Market Statistics

Posted By Barbara Baker @ Feb 24th 2011 2:22pm In: Sedona Real Estate

Well the buyer's are back in droves in the Sedona Real Estate Market and are buying Sedona AZ Homes for Sale - like crazy.  In fact when you look over the most recent stats from 2010 - the amount of homes sold in 2010 is higher than the amount sold in 2006. That is great for our seller's.  However, the median sold price does continue it's constant march downward with the median sold price for the Sedona Real Estate Market currently at $358,000.  That price is down by 10% when comparing it to 2009.  The sold median price per square foot is at $167.00 which is down from 2009's price per square foot of $182.00. That amount is staggering since we haven't seen that kind of pricing since 2003 - 7 years ago.  Another interesting fact in the Sedona Real Estate and Sedona AZ Homes for Sale Market Stat is that the amount of foreclosures and short sales that have SOLD has gone up by 3% in 2010.  And those same distressed properties account for 62% of our current pen dings.  Our active inventory is down and distressed properties only make up 14% of that inventory.  As we all know, it is a great time to buy across the market and the Sedona Real Estate and Sedona AZ Homes for Sale market place is no different.  For all your  buying and selling needs you can call or text me at 928-301-0669, email me, visit my website, become a fan of the Sedona Real Estate Fan Page on Face book

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