June 29, 2013

Is it Time to Buy Vacant Land in Sedona?

Sedona, AZ, Vacant Land prices have dropped from a median high of $590,000 in 2006 to $127,500 today. Put in another way, land today can be purchased at a 78% discount from the 2006 peak and at a 37.5% discount from 2003 levels. It is an amazing time to get into the market and pick up exceptional land deals in Sedona. What was out of reach just a few years ago is now affordable, for both investors and buyers who want to buy a piece of land and build their dream home in such a unique place.
Average prices rose 24% from a month ago. It will take a few more months of data through the summer to get confirmation of the uptrend. Read Full Sedona Vacant Land report