Sedona Real Estate Market Conditions for Friday 3-25-11: A LOT of new listings (23) came on the market yesterday, just in time for the weekend. As has been the trend, about half of them were Sedona Homes For Sale. The surprise is they started at just $140,000 for a site-built (!) home on over 1/2 acre in West Sedona. Really. Says it's a "Handyman Special" Ya think?! The high end for Sedona yesterday was $670,000, a large home in the Pinon Woods neighborhood in the Village of Oak Creek - Big Park area, also on a little over half an acre, with BIG red rock views. Verde Valley Homes For Sale start with a $58,000 vacation cabin on top of Mingus Mountain on Prescott National Forest land (now, there's something you don't see every day)! The high end was in Cottonwood AZ a rare Craftsman styl... 03/26/2011

 Sedona Real Estate Market Conditions for 3-24-11 - Thursday is our weekly Sedona MLS Tour day, and I held a lovely home with guest house open. Traffic was quite good with at least 53 people through, 10 of whom were 'real people' (aka not Realtors). It was a lovely sunny day, blue skies and a light breeze. Of the 17 new listings that came onto the market Thursday, 13 were residential (slightly more than half Sedona homes for sale ranging from $169,000 to $693,000, half Verde Valley homes for sale in various  areas, from $76,500 to $193,050). Of the price reductions, only about a third were in Sedona. Of the 5 new escrows (contingents) 2 were in Sedona, 3 Verde Valley. Of the 11 closed sales, 5 were in Sedona (3 homes, 2 lots from $89,000 to $620,000), 6 in Verde Valley (4 homes, 1 lot, ... 03/24/2011

Sedona Real Estate Market Conditions for 3-23-11 The bulk of the new entries for today were for the Verde Valley, with 2 new Sedona homes for sale, one in the $300,000 range and one in the million-plus range. Back on markets were equally split between Sedona and the Verde Valley, as were price reductions (whoo-hoo, some real bargains!), New escrows were all Verde Valley properties for sale, as were pendings. Closed sales favored Sedona homes for sale, with only 1/3 of closings Verde Valley homes for sale. New Listings 10   Back on Market 4   Price Increases 0     Price Reductions 15   Contingents 5   Pendings 3   Solds 6   Expireds 7   Inactives 0     03/23/2011

Sedona Real Estate Market Conditions for Tuesday 3-22-11: Sedona had the lion's share of new listings yesterday, with 6 Sedona homes for sale including four in the low-mid $300,000's plus two luxury residences, one on 2 acres in the Village of Oak Creek - Big Park area for $869,900 and one in the exlcusive Las Lomas area in West Sedona for $1,299,000. Sedona Vacant Land inventories were enriched by 3 beautiful lots with exceptional Red Rock Views and one backing National Forest land, priced from $169,000 to $329,000. Verde Valley Homes for Sale new on the market for the day included 3 new listings ranging from a $127,900 Verde Valley Foreclosure home on up to  a Camp Verde Waterfront Ranch on 16 /12 acres for $1,595,000. There really are an amazing range of properties for sale in the Se... 03/23/2011

Sedona Real Estate Market Conditions for Monday 3-21-11 Monday Sedona Verde Valley MLS postings are typically much higher than weekend postings...simply because Realtors tend to post less on the weekends (and title companies & county recorders are closed), not necessarily DO less - in fact, weekends in real estate can sometimes be busier than weekdays. A little over half of the New Listings are Verde Valley properties for sale, but Sedona homes and Sedona vacant land were well-represented as well, including some amazing Red Rock view properties. 11 were residential listings, 3 vacant lots, 1 business opportunity, and 1 commercial property. The price reductions were about half Sedona homes for sale and half Verde Valley homes and land. Contingents and Pendings were all single family home... 03/22/2011

 Sedona Real Estate Market Conditions for Sunday March 20, 2011: Most of the posting activity for this blustery March day was in the immediate Sedona area with an intriguing new listing in the upscale Chapel Area: a large Red Rock view lot with a guest house and 4 car garages, ready to add your dream home. For the right person, this could be a perfect fit particularly if they aren't able to move to Sedona full time as yet. There was a price reduction on a Sedona home for sale in the Village of Oak Creek area. It needs updating but is on a HUGE lot with dramatic Red Rock views and I think is quite the buy now at $299,000! Fully half of the price reductions were for Sedona Vacant land (3 Red Rock view lots) and one 16+ acre parcel in the Verde Valley community of Rimrock AZ for just $149,... 03/21/2011

 Sedona Real Estate Market Conditions for Saturday 3-19-11 24-hour activity report for Sedona homes for sale and Verde Valley homes for sale. New Listings 5   Back on Market 4   Price Increases 1   Price Reductions 7   Contingents 4   Pendings 0     Solds 2   Expireds 5   Inactives 1   03/20/2011

Sedona Real Estate Market Conditions for the last day show plenty of positive activity, with 12 new listings of Sedona Homes for Sale and Verde Valley Homes for sale. Both Sellers and Buyers should take note that prices are still soft, with 15 price reductions and escrows back on market. Still, there were 5 closings and 6 more  Sedona Homes for Sale and Verde Valley Homes for sale that went under contract Friday. Sellers are advised to price competitively, as Buyers are still have quite a good selection to choose from. New Listings 12   Back on Market 4   Price Increases 0     Price Reductions 15   Contingents 6   Pendings 2   Solds 5   Expireds 1   Inactives 2   03/18/2011

Sedona Real Estate market conditions for St Patrick's Day brought "the showing of the Green": an almost equal balance between new listings (10) and closed Sedona Homes for Sale. Verde Valley Homes for Sale were a big factor, for a total of 9 "SOLD" Sedona Verde Valley properties. 4 went under contract, and another 4 escrows moved to "Pending" status. Hoping your day went as well! New Listings 10   Back on Market 4   Price Increases 0     Price Reductions 5   Contingents 4   Pendings 4   Solds 9   Expireds 4   Inactives 4   03/18/2011

Sedona real estate market conditions showed a little more balance today, Wednesday March 16, 2011. New listings were down a little at 11 new Sedona homes for sale and Verde Valley homes for sale. Price reductions were down a little but still outnumbered new listings at 15. 8 Sedona-Verde Valley properties went under contract, 1 went to pending and 9 Sedona Verde Valley homes sold.  New Listings 11   Back on Market 6   Price Increases 0     Price Reductions 15   Contingents 8   Pendings 1   Solds 9   Expireds 1   Inactives 1   03/16/2011

Sedona real estate market conditions for 3-15-11. Twice as many price reductions as new listings in the Sedona and Verde Valley real estate markets. 8 new contracts under escrow bring a bright spot, with six closed sales. Inventory is growing, and buyers will have a good selection of Sedona homes for sale and Verde Valley homes for sale to choose from. New Listings 12   Back on Market 3   Price Increases 1   Price Reductions 24   Contingents 8   Pendings 1   Solds 6   Expireds 2   Inactives 1   03/15/2011

Sedona real estate market conditions for  the day of March 14, 2011 show a continuation of the same trends we've been seeing. A goodly amount of new listings, followed by a bunch of homes coming back onto the market, followed by a bunch of price reductions. Inventory is growing. We did have 6 Sedona & Verde Valley properties go under contract, another 6 move forward to pending (as in likely to close) and 4 actually closed. New Listings 13   Back on Market 10   Price Increases 0     Price Reductions 14   Contingents 6   Pendings 6   Solds 4   Expireds 6   Inactives 0 03/14/2011

Sedona real estate market conditions show continued growth of inventory of Sedona homes for sale and Verde Valley real estate. Price reductions continue to be a major factor. The Sedona - Verde Valley weather could not have been more beautiful, and trees are in bloom, with new green leaves just starting. New Listings 6   Back on Market 4   Price Increases 0     Price Reductions 8   Contingents 1   Pendings 0     Solds 1   Expireds 2   Inactives 0     03/12/2011

Sedona real estate market conditions still show strong favor to buyers of Sedona homes for sale and Verde Valley real estate. Markers such as price reductions, back on market listings and expireds indicate that buyers rule; however buyers-you should know that when bank-owned properties(Sedona foreclosures) or those that require bank approval (Sedona Short Sales) are involved, it's run by the "Golden Rule: He Who Owns The Gold Makes The Rules". Don't be surprised to be in multiple offer situations on aggressively priced bank owned (REO) properties or even in short sales. New Listings 8   Back on Market 10   Price Increases 1   Price Reductions 24   Contingents 5   Pendings 1   Solds 7   Expireds 5   Inactives 3   This certainly holds true for Verde Valley Short Sales and Verde Valley For... 03/11/2011

Sedona Real Estate Market Conditions for 3-10-11 show very healthy activity, with a whopping 22 new listings in Sedona and the Verde Valley. Price reductions were still strong at 17 but lagged new Sedona homes for sale on the market. 12 Contingents-a very healty number-and 3 went pending. The best part: 11 closed Sedona real estate and Verde Valley real estate homes for sale! New Listings 22   Back on Market 3   Price Increases 0     Price Reductions 17   Contingents 12   Pendings 3   Solds 11   Expireds 4   Inactives 1   I was out with an out of town buyer getting a first look at Sedona a good part of the day. We saw an amazing property in the Chapel area of Sedona  that just embodied the word 'RELAX". It is an exceptionally special property and in my opinion a true value with its full... 03/10/2011

Sedona real estate is cookin' now! Was out all day with an out of town buyer looking for the perfect Sedona home for sale, and saw some beautiful properties. Verde Valley real estate is humming along. too. And have a look-Verde Valley and Sedona new listings WAY outnumbered the usual culprits of back on market and price reductions for a change. Sellers are putting their best foot forward buyers. Buyers noticed, with 9 properties under contract and another 8 closed sales. By the way - the plum trees were in bloom, the first new leaves were on the weeping willows, and the daffodils were up! What a beautiful early spring day in Sedona, AZ! New Listings 24   Back on Market 3   Price Increases 2   Price Reductions 10   Contingents 7   Pendings 2   Solds 8   Expireds 8   Inactives 1   If you'... 03/09/2011

Sedona real estate market conditions - Still quite a few price reductions, but it's nice to see that there were more properties that went under contract today (6) than came onto the market (4). 2 went pending and another 3 sales closed. New Listings 4   Back on Market 1   Price Increases 0     Price Reductions 12   Contingents 6   Pendings 2   Solds 3   Expireds 3   Inactives 0     For insight into the Sedona real estate market and Verde Valley real estate market call Beth at 928-284-2501. 03/08/2011

Sedona real estate showed 7 new listings...but 8 back on market. A whopping 19 price reductions on Sedona homes for sale and Verde Valley homes for sale as well.7 listings expired, and 7 properties went under contract and another 6 closed (I'm happy to report one of those was a beautiful Red Rock view lot I sold in the Chapel area of Sedona). There are some AMAZING Sedona vacant land bargains! New Listings 7   Back on Market 8   Price Increases 1   Price Reductions 19   Contingents 7   Pendings 2   Solds 6   Expireds 7   Inactives 0     Looking to buy or sell Sedona real estate or Verde Valley real estate and need help sorting out your options? Give me a call at 928-284-2501. 03/07/2011

So, was Sedona real estate experiencing a sleey Sunday? Or were Sedona agents out in the field working with buyers and Sellers? This week's statistics will tell...tune  in for updates to Sedona Market Conditions as the week rolls out! New Listings 2   Back on Market 5   Price Increases 0     Price Reductions 2   Contingents 3   Pendings 0     Solds 1   Expireds 2   Inactives 1   Contact a local (yep-after 23+ years here I think I can say that) to learn more about buying or selling Sedona homes for sale, Verde Valley homes for Sale, or local information about any of these Sedona-Verde Valley areas: Uptown Sedona, Oak Creek Canyon, West Sedona, Red Rock Loop area, the Chapel aka Little Horse Park area, the Village of Oak Creek, Verde Santa Fe, Cornville, Cottonwood, Clarkdale, Camp Verde,... 03/07/2011

Not a lot of posting of listings and sales on the weekend, but with the lovely weather we're having I'm willing to bet there was a fair amount of activity. I myself got an offer accepted for a buyer and uploaded offer documents on a short sale listng. There were a number of inquiries and plenty of ...paperwork! New Listings 3   Back on Market 3   Price Increases 0     Price Reductions 5   Contingents 3   Pendings 1   Solds 1   Expireds 3   Inactives 0     03/05/2011