Find Your Edge in Today's Market for the Verde Valley Area

Sedona, AZ

Single-Family Homes

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Sedona, AZ

Wed Jun 07 2023
This week the median list price for Sedona, AZ is $1,412,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 104. Click here to stay informed with the Sedona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Sedona, AZ

Wed Jun 07 2023
This week the median list price for Sedona, AZ is $1,412,500 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has decreased to 104. Click here to stay informed with the Sedona market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,412,500
Median Price of New Listings $1,297,500
Per Square Foot $518
Average Days on Market 99
Median Days on Market 56
Price Decreased 41%
Price Increased 4%
Relisted 13%
Inventory 104
Median Rent
Market Action 37
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,397,500 4,283 1 - 2.5 acres 4 4 16 2 0 66
$1,796,000 3,265 0.25 - 0.5 acre 3 3 25 3 2 63
$1,088,500 2,261 0.25 - 0.5 acre 3 2.8 35 4 2 52
$727,450 1,704 8,000 - 10,000 sqft 3 2 32 3 5 52