The last two weeks of October were BUSY in the world of Sedona Real Estate. The rise can be attributed to our normal Autumn increase in visitors to the area and the recent decline of prices on homes (record low interest rates probably help too). Vacant land sales have picked up a bit – but activity levels in this category are still anemic. Sedona homes are the opposite. We passed up the total number of homes sold in 2008 a month or two ago – and there’s no reason to think that things will change over the coming weeks. Prices are low, inventory of homes are depleting, so buyers can see that the best deals go quickly – so they’re now acting on their impulses. If you’re looking for a Sedona home – there’s no time like the present market to buy a home surrounded by the Red Rocks that have made Sedona famous.
There are 436 homes currently on the market in Sedona and 61 are already in escrow. That makes 14% of our current inventory is in the process of a sale. At this pace we’ll be whittling down inventory and buyers will have less to choose from in the Spring. If you’re able to buy – feel free to check out the entire inventory of available homes at Sedona HomesBLOG COMMENTS POWERED BY DISQUS