For those with a weak heart... please stop reading now.
When we look at the market overall (Luxury Sedona Homes, Median Priced Sedona Homes, Condos, and Sedona Vacant Land) we see that the market has dropped by 18% overall.
In 08- the Sedona Market Place had 168 solds - compared with 214 for 07
In O8 - the dollar volume was $88 million compared with $137 million for 07.
Down by 18% overall.
Sedona and the surrounding communities continue to experience a strong buyer's market. Now would be a good time... no, a GREAT time to buy. Buy with experience, buy knowing the market, and buy knowing that once all of this wonderful red dirt is gone... it's gone! - They ain't makin' any more. If I can be of any service, please call me direct at 800-975-5943, or email me at barbara@barbarabaker.com or visit my website for all the latest information at www.barbarabaker.com
HAPPY BUYING ....HAPPY SELLING!
Real Estate in Sedona is my world! Whether it's Sedona land for sale, a Sedona luxury home, commercial real estate in Sedona, or a simple Sedona retreat - I consider myself a real estate specialist
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I know Sedona is a secluded market. Down here in Naples, FL --- the tide has turned even though the average sale is much lower than 3 yrs ago -- they are still starting to move.
Maybe by next yr. you will see a difference - keep us filled in.
Actually your numbers do not look too bad. I could live with 18%.