Sedona, Az. Real Estate Pricing

Number of listed homes & condos in all of the Sedona market: 387 (way down from 446 60 days ago but down from 574 240 days ago)

Number of homes & condos listed below $400,000: 120(again a continuing down trend - was 181 nine months ago)

Number of homes listed over $1 million: 74 (was 89 sixty days year ago).

Median listed price: $539,900. (We are seeing prices stabilize - was $524,500 120 days ago).

Number of homes & condos sold year in 2009: 393 (Continuing at a pace of about 35 homes per month for the past 6 months).

Median sales price of all homes and condos sold in 2009 $375,000 (was $384,750 60 days ago - was $453,650 for Jan - Feb. 2008).

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Number of listed home-sites in all areas of the Sedona market 371 (was 420 - 60 days ago)

Number of lots listed below $300,000: 186 (was 186 - 90 days ago)

Number of lots listed above $1,000,000: 44 (was 66 - six months ago)

Median listed price: $299,900 (was $349,000 120 days ago)

Number of home-sites sold year in 2009: 95 (20 sold in past 60 days - still very slow but 3 times the pace as earlier in the year)

Median sales price in 2009 $135,000 (was $129,000 60 days ago - it appears that lot prices are on the up-trend)