Market correction? Momentum slowing in 4th Quarter

sedonarealestate Market Conditions , Real Estate Tips and Insight , Sedona Lifestyle , Sedona Luxury Homes Leave a Comment

For most of 2018, the Sedona Real Estate Market has been on a roll, easily surpassing 2017’s exceptionally strong showing. But, are we due for the falloff as we’ve seen in California, particularly, and the nation, generally? There are some signs of a recent loss of market momentum. Question is, is it temporary or a deeper market correction? Through the …

National vs. Sedona Market Trends

sedonarealestate Market Conditions , Real Estate Tips and Insight , Sedona Lifestyle Leave a Comment

One of the attractions of Sedona has always been the sense that we’re an “Island in the Sun,” a sanctuary from urban ills buffered by 160,000 acres of National Forest. Up until the boom and bust cycle that we experienced between 2004 and 2011, we also felt somewhat insulated from national economic cycles. Sedona real estate sort of plodded along …

2017 a Record Year for Real Estate in Sedona

sedonarealestate Market Conditions , Real Estate Tips and Insight Leave a Comment

The final results are in. As anticipated, 2017 turned out to be a record breaking year for the entire Sedona real estate market. Single Family Home sales exceeded 2016’s by 10 percent: 465. That’s the highest number in the past decade andthe strongest showing since 2005. In fact, with a Median Recorded Sales Price of $525,000, we’re close to 2005’s …

Banner Year for Sedona Real Estate

sedonarealestate Market Conditions , Real Estate Tips and Insight Leave a Comment

Just like the eighty-degree weather we experienced throughout Thanksgiving Weekend, the 2017 real estate market in Sedona is turning out to be record setting. With about a month left to go in the year, Single Family Home sales have already equaled 2016’s impressive total of 424 – the highest of the past decade. In fact, it’s the strongest showing since …