Sedona and Verde Valley Real Estate Second Quarter 2017

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Sedona and Verde Valley Real Estate

2nd Quarter 2017

Abnormality Alert! For the first time in the last 8 years we are seeing a significant increase in the number of transactions year over year. As you can see from the graph below the number of single family transactions for the last 12 month period ending June 30 was 473 transactions. This is a 19% increase from the previous 12 month period. The additional 75 ...

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Sedona and Verde Valley Real Estate First Quarter 2017

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Sedona and Verde Valley Real Estate 1st Quarter 2017

Market forces are hard at work in Sedona and Verde Valley real estate. Missing inventory and increased sales are equating to a strong surge in median sales prices. Sales in single family homes in the Sedona area for the last 12 months are the highest they have been since 2005-2006 at 434 sales, this is a 5% increase over the previous 12 month period, not a huge increase, ...

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Sedona and Verde Valley Real Estate 2016 in Review

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Sedona and Verde Valley Real Estate

2016 in Review

Lack of inventory and rising prices were the watchwords for 2016. Verde Valley residential inventory is off 17% from the beginning of 2016 and median sales prices were up in all areas of the Verde Valley. The graph below will give you a good idea of what is going on in the Sedona area and all over the Verde Valley. This graph represents residential ...

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Sedona and Verde Valley First Quarter 2015 Statistics

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Sedona and Verde Valley Real Estate First Quarter 2015

For Sedona and the Verde Valley all areas continue to see a year over year increase in the median sales of single family homes, the bell weather of the real estate market.  For the Sedona area the year over year increase as of the first of April 2015 was 12%. For the same time period the Cottonwood and Cornville area saw a 14% increase, Camp Verde area saw ...

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Sedona West 2014 Review

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Sedona West 2014 in Review

The Sedona West Subdivision in 2014 performed right in line with the rest of the Sedona Market in 2014. Although the increase in the median sales price was not as high as the rest of the market, there was an increase in the median sales price of just under 3% to $375,000 up from $365,000 in 2013.

Sedona West Medain Sales Price 2014

The number ...

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2014 Sedona and Verde Valley Real Estate Statistics

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2014 Sedona and Verde Valley

Real Estate in Review

Continued upward pressure was the buzz for 2014 in the Sedona and Verde Valley Real Estate market. The median price for a single family home in the Sedona area rose 8.2% in 2014. Combine that with the 12.8% rise in 2013 and we have a 21% increase in prices over the 2012 bottom. This brings the median sales price in the Sedona area ...

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3rd Quarter 2014 Sedona and Verde Valley Real Estate Statistics

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 SEDONA AND VERDE VALLEY REAL ESTATE THIRD QUARTER 2014 

Steady upward pressure in pricing accompanied by a decline in inventory has contributed to the 25% increase in the median sales price of single family homes over the last three years for the Sedona area of the Verde Valley. For the last 12 month period year over year the median sales price of a single family home increased 6% to $418,500, the highest median sales price ...

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Sedona West First 6 months 2014

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Sedona West Subdivision 

First 6 Months 2014

Sedona West transactions stayed on pace in the last 12 months with 16 transactions. With the exception of 2012 the number of transactions has remained steady around 15 transactions for the last 5 years, which mirrors the Sedona market over the last 5 years.

Sedona West transaction July 2014

Median sales price for the last 12 months  dropped to $340,000 ...

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2013 Sedona Real Estate Statistics

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Sedona and Verde Valley Real Estate 2013 in Review

It is all about inventory! In 2011 and 12, the big question was when home prices would hit bottom. With the median sales price of a single family home in the Sedona area rising 13% in 2013 and with the inventory of homes available for sale lower than they have been in the last 7 years, especially in sales prices below $500,000, we have to ask when are ...

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