Sedona Real Estate Market Stats

Posted By Barbara Baker @ Jan 12th 2016 7:32pm In: Sedona Real Estate

SEDONA REAL ESTATE STATS - YEAR OVER YEAR

Well, now that the tree is down, kids are back at school, I am on a diet, I can now start blogging again about the Sedona Real Estate Market.  Here are the Home and Vacant Land Stats for both the Incorporated City of Sedona - and the Unincorporated Area of Sedona (known locally as - the Village of Oak Creek)

Single Family Homes - Avg. Sold Price

Sedona - $483K - UP by 3%

Village of Oak Creek - $425K - DOWN by 3%

Condo/Townhomes - Avg. Sold Price

Sedona - $310K - DOWN by 2%

Village of Oak Creek - $256K - UP by 9%

Luxury Homes - (over 1M) - Avg. Sold Price

Sedona - $1,9M - Up by 19%

Village of Oak Creek - $1M - DOWN by 7%

Vacant Land - Avg. Sold Price

Sedona - $220K - UP by 4%

Village of Oak Creek - $143K - DOWN by 9%

So there you have it.  Now will prices rise in 2016?  I would expect so.  But given the awful start to the Stock Market, the uncertainty of an election year, and the supposedly continued rise of interest rates I don't foresee a DRASTIC increase.

Please remember for all your Sedona Real Estate Needs you can text or call me at 9283010669.  And always visit my website at www.barbarabakerrealty.com

Happy NEW Year!

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