$10,000 Closing Credit*
$1,170,000
2,840 SqFt
4 Beds
•3 Baths
Dyanna Nichols, Listing Office: Realty ONE Group Mountain Desert
Is Sedona, AZ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sedona was a Seller's Market.
Key Takeaway
Sedona is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sedona, AZ
How much do homes in Sedona, AZ cost?
Median Sold Price
$1,150,000
$496/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$95,000(-7.6%)
Key Takeaway
Homes in Sedona have sold for 7.6% less than they did a year ago.
Summary: The median home sold price in Sedona was $1,150,000 in October 2024, down 7.6% from last year, and the median price per square foot was $496.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $440K | $391.3K | -11.1% |
| 2 Bedrooms | $874.8K | $687.5K | -21.4% |
| 3 Bedrooms | $1.0M | $1.1M | +11.7% |
| 4 Bedrooms | $1.7M | $1.7M | +1.7% |
| 5+ Bedrooms | $2.7M | $2.6M | -2.9% |
Summary: Sedona housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in Sedona, AZ
How many homes are available in Sedona, AZ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 77 | +24.2% |
Summary: The Sedona real estate market had 77 homes for sale in October 2024, a 24.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 21 | 27 | +28.6% |
| 4 Bedrooms | 18 | 24 | +33.3% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Sedona housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sedona, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sedona in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 85 Days | 81 Days | -4.3% |
Summary: Homes in Sedona had an average of 81 days on market in Oct 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sedona are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in Sedona; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.