September 21, 2013

New lot for sale in Sedona - Offered at $240,000 1.75 acres with great Cathedral Rock views

View the Tour

Exquisitely private piece of land in one of Sedona's hidden secrets, with stunning views of famous Cathedral Rock and the green belt below this unique hillside property is an ideal setting to build a dream home in beauty and solitude. The lot is 1.75 acres and offers privacy and views. Minutes walk to swimming holes on Oak Creek. A wildlife sanctuary is just below the lot.

September 18, 2013

Sedona Real Estate Market update – end of Summer 2013


Monsoon greenery at Sedona Red Rock State Park


By Elisa Andreis J.D.
This report looks at the residential real estate market during the months of June, July and August 2013 in relation to the same period a year ago and highlights the major trends.  
23% increase in Sales Volume
The number of residential sales in Sedona was 49, 54 and 58 in June, July and August respectively or a total of 161 sold properties. 131 homes sold during the same period in 2012.
12% increase in Median Sale Price
The median sale price was $325,500 in June, $335,000 in July and $379,500 in August. In 2012, median sale price was $339,659 in June, $308,690 in July and $279,527 in August.
22.5% decrease in Home Inventory
The number of homes for sale was 359 in June, 333 in July and 336 at the end of August. This compares with respectively 455, 444 and 429 listed homes in 2012.
15% decrease in Residential Distressed Sales
Distressed property sales (foreclosures and short sales) fell to 23 from 27 in 2012. More significantly, the ratio of distressed property sales to the total number of sales fell from 21.29% in the summer of 2012 to 14.59% during the same months this year, representing a 31.5% decrease.
80% increase in Vacant Land Median Sale Price
By the end of August, land inventory stood at its lowest level since August 2006 and sales volume increased by 11% from a year ago. Median sale price for the three summer months in 2012 was $111,750. During the same period this year, median price was $200,833 

For more information about Sedona Real Estate and to search for properties, visit www.SedonaFineHome.com or call Elisa Andreis J.D. (928) 274 1521.
 

September 17, 2013

Lovely Sedona home for sale - offered at $389,000 on Mountain Shadows

Lovely Sedona home for sale with Red Rock views and cathedral ceilings in the master bedroom, nestled in a quiet neighborhood in proximity of the red rocks and the National Forest Service hiking trails. All single level, 3 Bedrooms and spacious kitchen/dining combo, living with wood burning fireplace. Den/office with nicely landscaped backyard with hot tub and large wooden deck to enjoy the outdoors. Skylights and bright Arizona room that can be used as a den or office. Double master shower, mature trees and vegetation around the home, low maintenance yard in a 0.25 acre lot. Views of Sugarloaf and Coffeepot rock formations from the master bedroom and the back yard. 2 car garage with workbench and built-ins. Kitchen needs some updating.See full listings details