Sedona Market Report: Spring 2022
2022 MARKET STATISTICS
- Average selling price for all Sedona Single Family homes (excluding condos, townhomes and MFG) that sold in 2021 was $993,817 - with an average price per square foot at $401 with an average of 57 days on market.
Luxury Market statistics for Sedona, AZ
- In Sedona's $1 Million plus luxury market the average price of sold homes during 2021 was $1.82M with 226 sales over $1m - 107 sales alone over $1.5M and the highest priced sale in Sedona in 2021 was $11.2M. Average price per square foot is hovering over $500 psf. 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.
Sub $700k Market in Sedona
- At the other end of Sedona's market (homes selling under $700,000) there were 360 sales in 2021 - a marked increase in sales in this category and slash in overall market time is strictly a matter of inventory and COVID-19 - our sub $700k inventory has shrunk drastically.
- Average Sale Price is up 20% in the last two years : $541,755 vs 2019 $451,728
- Average Price/Square Foot up 33% in the last two years: $346 vs 2019 - $261
- Inventory of available homes has decreased significantly over the past several years - current inventory of homes in Sedona is 69 with 31 homes currently tied up with buyers leaving a true inventory of only 38 residential units. We're at a all time low for the amount of inventory available on the market.
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