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Sedona Real Estate Update - April 2012
Written by Rick Wesselhoff   
Friday, 13 April 2012 14:04

The market's still hot - and buyers of Sedona homes don't have a major advantage anymore under $400k. Inventory has dropped enough that it's transitioned to a sellers market under this price and we've already seen some sellers holding firm to their list prices over the last few weeks.

Whoa... 92 homes in escrow with 17 closings already this month.  The number of homes on the market is down 16% over the last 12 months, but Vacant Land listings are up 9% over the same timeframe.  It's still a good time to be a buyer of any Sedona property as we haven't seen any major price increases across the board - so prices are low and interest rates have dipped beneath 4% again per our local lenders. (for a owner occupied SFR at least)

I'll be updating the official site for all Sedona Real Estate sales figures later today - check it out!

 

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About Rick Wesselhoff

RickWesselhoff
Our Sedona Real Estate Blog is writtent by local agent Rick Wesselhoff. Rick is a successful Sedona Realtor® that strives to educate his clients so that they can make informed decisions. Sedona is the right town for him due to the outdoors lifestyle, great people, and sense of community. Visit his website here

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