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It's a Sellers Market in Sedona

Posted By Wally Reule @ Feb 10th 2017 6:15pm In: Sedona Real Estate Market News

If you're thinking about making a low ball offer for a home in Sedona, now is not a good time to do it. Inventory is extremely low, and prices are on the rise. Additionally, the sold price as a percentage of list price is also going up. For example, last year at this time the sold price for a home in West Sedona was 92% of list. Today it's 98%. So, if you want that home, don't insult the seller with a low offer. You may not even get a response.

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