Sedona Market Report: January 2025

• Average selling price for all Sedona Single Family homes (excluding condos, townhomes and MFG) that sold in 2024 was $1,283,970   - with an average price per square foot at $514 with an average of 111 days on market. Both the average price and price per sqaure foot were up by a fraction - and the average days on market dropped by 10%.  We was a total of 511 residential sales last year and they break down like this:
  • 397 Single family homes
  • 80 Condos and Townhomes
  • 34 Manufactured homes and mobile homes

Luxury Market statistics for Sedona, AZ

• In Sedona's $1.5 Million plus luxury market the average price of sold homes during 2024 was $2.16M with 110 sales over $1.5m (only 88 in 2023)-  50 sales alone over $2M (10% up over last year) and the highest priced sale in Sedona in 2023 was $5.3M.  Average price per square foot is hovering over $632 psf (down 10% over last year)  The nicest homes are selling in the $1000 psf range - so be prepared to pay in this range if you want the highest quality and best views.  The highest price per square foot for any home in 2024 sold for $1496 per square foot.  Most of the highest sale price homes are in the following subdivisions: Aerie, Mystic Heights, Seven Canyons, and Sedona Ranch.

Sub $750k Market in Sedona

• At the other end of Sedona's market (homes selling under $750,000) there were only 65 sales (down from 79 sales in 2023) - a marked increase in sales in this category and slash in overall market time is strictly a matter of inventory and COVID- and subsequent Zoom Boom, our sub $750k inventory has shrunk drastically.
• Average Sale Price is up 20% in the last year : $655,241 vs $541,755
• Average Price/Square Foot up 20% in the last two years: $433psf vs $401psf

General Trends

• Inventory of available homes has increased slightly over the past several years - but our current inventory of homes in Sedona is 157 with 34 homes currently tied up with buyers leaving a true inventory of only 135 residential units.   This level of inventory is twice what we had 3 years ago... but is still low.

All real estate agents on the list above are members of the Sedona Verde Valley Association of REALTORS®, which you may verify by clicking on their site. Find a Sedona REALTOR®, serving the entire Verde Valley area property market for homes in Northern Arizona.

• Buyers - Find the home (or lot) of your dreams surrounded by the Sedona’s red rocks.
  Use the MLS - Multiple Listing Service - Select a Sedona Homes Relocation Specialist.
  If you are looking for a Sedona Home, try a Sedona homes agent from the list.
  Search for homes in Sedona, West Sedona, Uptown Sedona, Chapel Area, Red Rock Loop area, Big Park, Village of Oak Creek - VOC, Oak Creek Canyon.
  Call one of the real estate brokers listed above.
• Sellers - Get top dollar for your sale.
  For residential real estate agents selling a condo, condominium, cottage, duplex, fixer-upper, ranch, house, luxury home, townhouse, patio home, single-family residential