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Email Jan & Wally
Jan Bigelow: 928.300.1699
Wally Reule: 928.301.5943
For detailed year end statistics for 17 markets in Arizona, click Arizona Real Estate Market Statistics and then select your city on the drop down menu. Enjoy!
Below are market statistics for sales of homes and land in Sedona for the first eight months of 2020. Each category is also compared to the same time period the year before. Sales for homes priced under $1,000,000 are up over 10% compared to last year, with 368 sales compared to 333 last year. Considering that the market was nearly shut down for a couple of months, that's remarkable. The median sales price increased to $598,675 from a year ago when it was $559.000, while average price per square foot increased by 5%.. Sales of luxury homes increased to 54 closed compared to 44 in 2019. Vacant land sales decreased from 91 to 83, but with the low inventory of homes, sales are picking up and the median price has increased by 12%. Please contact us if you have questions about any of these.
|Single Family Homes under $1,000,000||2020||2019|
|Median Sales Price||$598,675||$559,000|
|Average Price per Square Foot||$280||$280|
|Luxury Homes over $1,000,000|
|Median Sales Price||$1,400,000||$1,185,000|
|Average Price per Square Foot||$398||$351|