Is Sedona, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Sedona was a Neutral Market.
Housing Prices in Sedona, AZ
How much do homes in Sedona, AZ cost?
Median Sold Price
$1,226,000
$507/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sedona was $1,226,000 in April 2024, up 5.9% from last year, and the median price per square foot was $507.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $415K | $440K | +6.0% |
2 Bedrooms | $857.4K | $730K | -14.9% |
3 Bedrooms | $1.1M | $1.0M | -3.2% |
4 Bedrooms | $1.4M | $1.8M | +30.5% |
5+ Bedrooms | $2.3M | $2.6M | +14.8% |
Summary: Sedona housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes increased by 14.8%.
Housing Supply in Sedona, AZ
How many homes are available in Sedona, AZ?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
55 | 68 | +23.6% |
Summary: The Sedona real estate market had 68 homes for sale in April 2024, a 23.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 13 | +18.2% |
3 Bedrooms | 19 | 24 | +26.3% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Sedona housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 8 | +166.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Sedona in April 2024, up by 166.7% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Sedona, AZ
How long does it take to sell a home in Sedona, AZ?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
86 Days | 61 Days | -29.0% |
Summary: Homes in Sedona had an average of 61 days on market in Apr 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Sedona; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.