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Luxury Home Sales in Sedona Rebounding

Posted By Wally Reule @ May 28th 2014 7:02pm In: Sedona Real Estate Market News

After a slow first quarter, sales of luxury homes in Sedona have almost caught up with last year's numbers. At the end of March, only three homes over $1,000,000 had sold in Sedona, but as of the end of April, that number had more than doubled to seven. That compares to eight luxury homes sold in the first four months of 2013. The median sales price for those homes was $1,460,000 compared to $1,193,250 for the same time period last year. May also appears to be a strong month for this market.

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