Vacant Land prices are in Decline in the Sedona Real Estate Market
Sedona Vacant Land prices have dropped by 8% year over year. With current pending prices at par with the median sold price of $150,000 from last year, prices will move up SLIGHTLY by years end. However, we have seen a lag in the vacant land market for the last two years and it hasn't improved like the Sedona Homes for Sale Marketplace. If you are looking for an investment property, or have always wanted to build your dream home in Sedona - now would be the time to take advantage of the continued low pricing. We have 316 active listings.... WOW. Compare that to just 259 active home listing and you can see what a buyer's opportunity it is. Cash is still King - as lending is hard to come by.....For all your Sedona Real Estate needs, you can call or text me at 928-301-0669, email me here, or visit my website at www.barbarabakerealty.com for all the latest Sedona Homes for Sale and Sedona Vacant Land for Sale.