My previous teen and adult years have been filled with learning, via a myriad of ways, to engage in my spiritual practice for inner peace and wisdom, remembering more and more often, that I am made of holy, miraculous God, (whatever name feels comfortable for you). I wouldn’t have it any other way. There is nothing grander than communing with our God-given and God-enfused souls. 

As Sedona Arts Center looks to its 60th Anniversary year in 2018, the nonprofit cultural organization is planning a series of exhibitions and events that celebrate our creative community and diverse artistic heritage. To warm up the Diamond Anniversary, the Arts Center will present Sedona’s Legacy Artists: A Retrospective Exhibition in two parts beginning in June.   

Experience the beauty, culture and heritage of the Navajo people with Sedona Arts Center and Western National Parks Association (WNPA). Hundreds of handcrafted Navajo rugs and fine silver and turquoise jewelry will come to Sedona straight from Hubbell Trading Post National Historic Site, the oldest continuously operated trading post in the Southwest.

 

Assuming that this year fits the mold of past years, we'll soon be wrapping up our BUSY spring season.  It's been marked by increases in prices within the city limits (more on that later), shrinking inventory, and competitive buyers.  There are currently 346 residential units on the market, but a whopping 96 are already pending sales - leaving 250 available - 135 within the Sedona city limits, 92 in the VOC, and just 23 in the Loop Road area and Oak Creek Canyon.  If we narrow the search to Single Family homes - the situation gets a little more interesting. 

 

Single Family Homes:

Sedona - 120 available

     <$300k          - 0

     $300k-$500k   - 17

     $500k-$700k   - 28

     $700k-$1M      - 35

     $1M+             - 42

VOC - 72

     <$300k          - 1

     $300k-$500k   - 21

     $500k-$700k   - 23

     $700k-$1M      - 17

     $1M+             - 10

 

I'd evaluate this and start out by saying that the glaring thing here is that there's only 1 site built house in the Sedona area under $300k.  Hurry - it might be gone by tomorrow.  We normally see many buyers looking in the lower ranges (<$500k), it's the healthiest part of the market and where the majority of the sales take place.  We're seeing many multiple offer situations and homes selling for full price or up to $10k over.  I've written tips before about getting your offer selected as "the one" - but in the end, it's about price, cash down (full cash trumps other offers), quickness of the inspection period and quicker close.  Many buyers have the cash available to write strong cash offers, so buyers needing a loan are behind the 8ball.  It's up to you and your buyers agent to discuss strategy if you're going to be in compeitition with other buyers - so come prepared!

Persistence also helps (right Roberta?).  If an offer's already been accepted, it doesn't hurt to submit a strong back up offer and be ready to perform should the first buyer fall out due to inspection issues. 

All in all - we're in a sellers market within the city limits, and it's a fairly balanced market in the VOC.  The strength of the market within the city limits has been partially attributed to the city allowing AirBnB rentals - and the relative weakness in the VOC market is partially a result of the VOC upholding the 30 day rental minimum.  I see the validity of both sides, so I'm not here to talk about that (right now) - just to report trends...

 

 

What’s been knocking at your door? Has something pushed you through the door to the other side?  We just came through two retrogrades that effected us personally for months. The hidden truths were pushed to the surface to bring forth, and on Wednesday, May 3, the light of life returns.

Over 100 Artists Contributing to the Annual Event for Local Art Lovers

What do you get when you invite hundreds of extraordinary artists to create new works within a 12-inch square space, and exhibit everything in support of Sedona’s hometown cultural organization? The Arts Center has the answer in its Annual 12x12 Project and Fundraiser, scheduled for Friday, May 12 at 5:30pm in the historic Art Barn. Mark your calendar and get ready to collect some wonderful new works of art! 

 

Online Poll

What are your plans for Thanksgiving?

Meet Our Bloggers

  • rick wesselhoff head

    Rick Wesselhoff

    Sedona real estate

  • rachel star head

    Rachel Starr

    rachel spirit

  • Kelli Klymenko

    Kelli Klymenko

    Sedona Arts Center