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Real Estate Market Trends in Sedona

Posted By Wally Reule @ Jun 4th 2016 7:52pm In: Sedona Real Estate Market News

So how is the market shaping up in Sedona in 2016? Well, so far it looks like a rerun of 2015. The number of sales and the median sales prices are almost exactly the same as they were last year. There is, however, one notable difference. That is, there are 9% fewer active listings in the Sedona Verde Valley MLS this year than there were at the same time last year. You would expect that prices would rise because demand exceeds the supply, but so far that hasn't happened

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