Sedona Luxury Real Estate Market Report for August

Sedona real estate Market Update - April 2017

Sedona March Market Update

I just SOLD this exquisite home in Sedona's Village of Oak Creek for $527,000 in just under 7 days! www.SedonaFineHome.com

I just SOLD this exquisite home in Sedona's Village of Oak Creek for $527,000 in just under 7 days! www.SedonaFineHome.com

Sedona Real Estate Market update for July

Just sold another great home in Sedona after just 6 days on the market!

Immaculate Sedona home for sale perched on a hilltop with tremendous red rock views. 2147 sqft home, 3Bed/2Bath, all single level with travertine floors, brand new carpet and floor to ceiling windows overlooking the panoramic red rocks. Open floor plan, great room, stainless steel appliances, granite countertops, fireplace, surround sound, new copper and barn wood bathroom fixtures and third bedroom currently used as a home office. Gorgeous views from every room, private covered and open back patio with spool and water feature. Private setting with mature vegetation all around, additional parking spaces, in a great location close to everything.
See more photos and details

Price adjustment to $1,424,000 for this luxury home for sale in Sedona's Oak Creek Canyon

Immersed in the forest and on the creekside this home is surrounded by the National Forest on 2 sides in a park-like setting within a gated community in Sedona's Oak Creek Canyon. On 2 levels, has 3 bedrooms & 18ft ceilings and floor-to-ceiling windows looking into the lush forest and creek. The 24ft ceiling foyer with flagstone floors leads into a impressive living/dining/kitchen space highlighted by dramatic wooden logs in between windows. Hickory pecan wooden floors, fireplaces and a bright kitchen with granite counter tops, Dacor appliances, SubZero refrig, copper sink, reverse osmosis and electric BBQ grill. The master suite on the main level opens into a lovely patio with sunken spa and stunning views of the surrounding canyon, forest and creek. Guest bedrooms upstairs with office/den/hobby room, wrap around decks and balcony. The house has copper fascia & downspouts, has 5 outdoor patios and sitting areas, a 20' foot waterfall plus 4 more water features. Historic use of the creek water from a water way behind the house, as well as 1/18 ownership of the historic Purtymun cabin (can be rented as guest house), only to be completed by ¼ mile of community creek frontage, and 7 acres of historic apple orchard. 3 car garage, workshop, epoxy floors, central vac, multiple zones for generator, hibryd heating and cooling system with heatpump, propane and 28 solar panels, low voltage ceiling lighting, security system, and safe. Home designed by architect Vince Loparco.
Click for details

Price reduction to $264,995 for this great home for sale in Verde Sante Fe, Amante in Cornville AZ

View the Tour

Lovely home at Verde Santa Fe Amante situated at the end of a cul de sac with stunning views of Mingus Mountains and backing the HOA open space and the National Forest Service. 3 Bed/2Bath with tile floors, stone counter tops, cathedral ceilings and very spacious great room comprised of living area, kitchen and dining opening to a covered patio at the back. Large master bedroom suite with bay windows looking into the views. Community salt water pool and clubhouse.
www.SedonaFineHome.com

Price reduction - Elegant Sedona Luxury Home For Sale offered at $1,195,000

Price reductions to $1,195,000 for this elegant 9700 sqft home in Sedona.

Elegant ranch style Sedona estate on 2 acres with red rock views and
privacy. Traditional floor plan with 6 bedrooms on entry level floor.
Formal living room & library, formal dining, butlers kitchen and
pantry, swimming pool and guest house separate from the main house, wine
cellar, covered patios, water features and extensive staff quarters.
The home is situated in the gated community of North Slopes. Reading
room adjacent to the master and 2 additional office spaces, as well as
hobby room, extra large walk-in master closet with robes carousel, and 2
laundry rooms. The home was designed by Don Woods in 1996 and the main
house is 8700 square feet. The guest house is approx. 1000 sqft. The
8.75 baths and kitchen need some updating and remodeling. New paint, new
roof & new carpets.

Days on Market

Today we take a look at the number of days it takes to sell residential properties in Sedona.

Days on Market or DOM is a useful indicator for Sedona sellers as it helps them align their expectations when listing a property with current market conditions.

When DOM trends lower, it means properties are selling at a faster pace and buyers may perceive from this information that their negotiating power is somewhat diminished as they know that if they don't come to an agreement on buying a property today, it is only a matter of time before another buyer does.

However, it must be noted that there is no direct correlation between DOM and price levels. The graph below shows a net decrease in DOM in 2010 while Sedona home prices continued their steady decline during the same period. Ultimately, buyers always control the process.

The graph also shows that while DOM remained historically elevated in 2011 and 2012,to date 2013 has seen a 26% decrease in the number of days it takes to sell a home. For sellers, relief may be in sight...

Read full report here