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    Sedona.Biz – The Voice of Sedona and The Verde ValleySedona.Biz – The Voice of Sedona and The Verde Valley
    Home»Sedona News»Sedona Real Estate TRENDS
    Sedona News

    Sedona Real Estate TRENDS

    June 29, 2013No Comments
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    Is it Time to Buy Vacant Land in Sedona?

    By Elisa Andreis J.D.,
    20130629_svvreRuss Lyon Sotheby’s
    International Realty of Sedona

    Sedona AZ (June 29, 2013) – Vacant Land prices have dropped from a median high of $590,000 in 06 to $127,500 today. Put in another way, land today can be purchased at a 78% discount from the 2006 peak and at a 37.5% discount from 2003 levels.

    Average prices rose 24% from a month ago. It will take a few more months of data through the summer to get confirmation of the uptrend.

    20130629_svvre1

    Land inventory

    The overhang of land inventory remains high with 319 listed properties by the end of May 2013. This compares with 335 listed vacant land lots a year ago and represents a decrease in inventory of 5%.

    Sedona Gift Shop

    Land inventory is off by 32% since an all time high of 470 in 2009.

    20130629_svvre2

    Sale Volume

    Sale volume has picked up significantly since the beginning of the year with 16 sales in April and 18 sales in May, the best showing since 2006.

    20130629_svvre3

    For more information about Sedona Real Estate and to Search for properties, visit www.SedonaFineHome.com or call Elisa Andreis J.D. (928) 274 1521

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    If I Were Curtis Sliwa
    By Tommy Acosta

    One of my guilty little pleasures is imagining what I would do if I was in someone else’s shoes, especially politicians. In this essay I would love to jump into the shoes of Curtis Sliwa, a former New York City vigilante who founded the Guardian Angels and is now running as a Republican for mayor of his city.

    Read more→

    Median Sale Price In Sedona
    • 849000.00,827000.00,849500.00,920000.00,970000.00,999375.00,715000.00,832500.00,1025000.00,805000.00,872500.00,1053750.00

    Information is deemed to be reliable, but is not guaranteed. © 2025

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