Is the Sedona Condo Market Back?

With a resounding YES! Many of my clients are looking to purchase a condo in Sedona as a second home. And lately, I have been asked the questions... "How is the Condo Market"? Does the upward trend in the home market apply to the Condo Market? I would say yes. The number of Sold Condos are up by over 30% since this time last year, and the median sold price is up by 10%. That is great for the Condo market. And even better, the amount of actives have dropped - so there is less inventory to chose from. There are many smaller condos in the Sedona Marketplace that don't have amenties like a pool, tennis and their HOA fees are usually quite a bit less than our more upscale associations. For those wanting those amenities plus the perks like a gated community and golf, we have ample supply of those also. In the Condo Marketplace, your money can go far - whether it is a smaller, older unit that needs some updating, or the plush Condos of Park Place that are now priced very aggressively. For all your buying and selling needs - contact me at 928-301-066, barbara@barbarabaker.com, follow on twitter at sedonahome, Linked In, Facebook (Barbara Hooyman Baker) or on the web at www.barbarabaker.com Happy Buying.... Happy Selling..