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More Thoughts About the Sedona Real Estate Market

Posted By Wally Reule @ Dec 23rd 2016 9:31pm In: Sedona Real Estate Market News

Yesterday I wrote about the low inventory of available single family homes for under $1,000,000. What I didn't mention was the the segment where we are having the most trouble is in the $400,000 - $550,000 range. Jan and I have at least 10 clients who would purchase a home today if what they are looking for was available. Yesterday I also mentioned that the median price for homes sold now is $478,000. But the median price for active listings is $669,250, further demonstrating the shortage of homes in the middle price range.


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