Is Camp Verde-Sedona, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Camp Verde-Sedona has remained a Seller's Market.
Key Takeaway
Camp Verde-Sedona is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Camp Verde-Sedona, AZ
How much do homes in Camp Verde-Sedona, AZ cost?
Median Sold Price
$950,000
$455/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Camp Verde-Sedona have sold for 22.4% more than they did a year ago.
Summary: The median home sold price in Camp Verde-Sedona was $950,000 in May 2024, up 22.4% from last year, and the median price per square foot was $455.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $427.5K | $356K | -16.7% |
| 2 Bedrooms | $550K | $725K | +31.8% |
| 3 Bedrooms | $666.5K | $850K | +27.5% |
| 4 Bedrooms | $1.3M | $1.4M | +6.2% |
| 5+ Bedrooms | $765K | $2.7M | +265.7% |
Summary: Camp Verde-Sedona housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 31.8%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 265.7%.
Median Sold Price Compared To Nearby Cities
| Cornville | $618K | $902.5K | +46.0% |
| Camp Verde-Sedona | $776.2K | $950K | +22.4% |
| Cottonwood | $435K | $400K | -8.0% |
Housing Supply in Camp Verde-Sedona, AZ
How many homes are available in Camp Verde-Sedona, AZ?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 71 | 79 | +11.3% |
Summary: The Camp Verde-Sedona real estate market had 79 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 30 | 33 | +10.0% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The Camp Verde-Sedona housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Camp Verde-Sedona, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Camp Verde-Sedona in May 2024, up by 87.5% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for Camp Verde-Sedona, AZ
How long does it take to sell a home in Camp Verde-Sedona, AZ?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 109 Days | +89.9% |
Summary: Homes in Camp Verde-Sedona had an average of 109 days on market in May 2024, up by 89.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Camp Verde-Sedona are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 15 homes were sold in Camp Verde-Sedona; 13% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.