I just pulled the latest statistic that compares the listing price of a home to the actual sales price. For Sedona single-family homes we are at 97.5%. Only 2.5% of list price is being given up. For prime Sedona homes, the market is moving very fast. They have to be priced right and in very good condition. We heard through the grapevine yesterday that a home came on the market this week and had 5 offers in two hours. The market appears to be shifting. It usually is busy this time of year but this year seems to be busier than any other we’ve had here for home sales.
Here’s the graphic for the past 3 years.
Visit our Sedona real estate market stats page.
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