The real estate market in Sedona has been very stable. The number of single family homes sold in the first ten months of the year is up 3% from prior year, and the median price is up 2%. While the demand for Sedona homes is high, there is a shortage of good inventory. Homes that are well priced are selling quickly, and those that are priced over market are not moving. Nothing new about that! For more detail refer o the Market Statistics page on our website.