In the Sedona Real Estate Market, our market is definitely improving. We are seeing less foreclosures on the market. We only have 23 homes that are foreclosures listed on our MLS. That number also includes condos. Our active listings are down by 27% from mid year of last year. Our pendings are up by 153% from same time last year, and our solds are up by 36%. What is dropping are the prices. With a median sold price of $413,000. HOWEVER, and this is a BIG HOWEVER... the median sold price in January of 09 was $341,500. SO.... don't wait to buy. Buy now. The stats PROVE that our market is coming back. Please email me or call me for all your buying needs at barbara@barbarabaker.com or 800-975-5943/ or locally at 928-301-0669. Happy Buying!![]()
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