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2022 Year Ending Numbers in Sedona

Posted By: Wally Reule In: Sedona Real Estate Market News
Date: Tue, Jan 31st 2023 7:37 pm

After red hot sales in 2020 and 2021, last year looked much more normal compared to historical standards. In terms of the number of homes sold, that is. However, the median sales price of a single family home increased by 20% over the previous year, going from $875,000 to $1,150,000. The same was true of vacant The number of lots sold decreased by 45%, while the median sales price grew from $250,000 to $300,000, a 20% increase. The high cost of building and shortage of building supplies didn't help. For more detail see our Market Statistics Page.