I’m a graph nerd. I think graphs can take data and make it quickly understandable. This graph, which I pulled today of the Sedona single family home absorption rate, is a great example.
Like many places, Sedona was hit during the recession. It looks like we are starting to make a strong recovery though. For the past year we’ve had a steady drop in the average market time of homes. At a 6 month absorption rate, we’ve moved from a buyers market to a neutral market.
If you have any questions about the Sedona real estate market, market time or buying or selling a home in Sedona. Please don’t hesitate to call/text or email us.