The median sales price for homes in Sedona for the first five months of 2013 is up 26% over the the median sales price for the same time frame in 2012. This price increase is influenced by the fact that most of the good homes under $300,000 are gone, or quickly snapped up as they come on the market. What remains are higher priced homes, so people are buying up! Actual prices for comparable properties are up about 17%.