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

Sedona, AZ

Single-Family Homes

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Sedona, AZ

Sat Aug 13 2022
This week the median list price for Sedona, AZ is $1,100,000 with the market action index hovering around 37. This is less than last month's market action index of 46. Inventory has increased to 113. 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Sedona, AZ

Sat Aug 13 2022
This week the median list price for Sedona, AZ is $1,100,000 with the market action index hovering around 37. This is less than last month's market action index of 46. Inventory has increased to 113. 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 has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Sedona market.
Median List Price $1,100,000
Median Price of New Listings $1,119,500
Per Square Foot $491
Average Days on Market 56
Median Days on Market 49
Price Decreased 48%
Price Increased 4%
Relisted 19%
Inventory 113
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,050,000 3,323 0.5 - 1 acre 3 3 25 2 0 70
$1,262,500 2,399 0.5 - 1 acre 3 3 32 4 0 45
$979,950 2,021 0.25 - 0.5 acre 3 2 29 4 1 35
$738,000 1,710 0.25 - 0.5 acre 3 2 39 2 3 42