Sedona Real Estate News & Info From A to Z

VOC – Big Park AZ 86351 – June Market Report – 2017

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How’s The Market Doing?

Homes For-Sale

VOC – Village of Oak Creek – Big Park – Pine Valley

Sedona Arizona 86351

June 2017 ~ REAL TIME Market Report& Analysis

~ ~ ~

Voc Big park  june market report

Homes On Golf Course – Returned 9 Results – Sedona Arizona 86351 – (-2)


Learn More About Big Park – VOC –  Sedona AZ 86351

Courtesy of Sheri Sperry 

YOUR Solutions REALTOR®

Coldwell Banker Residential Brokerage

Big Park VOC April Market Report Sheri Sperry Coldwell Banker Sedona Realtor

 Check out the most current monthly reports in the Sedona Verde Valley at

SEDONAMARKETREPORTS.com

~~~

Sedona Arizona 86351 Homes For-Sale

Report 6/23/17
Big Park (VOC) Market Report

 

VOC Big Park June Market Report

June ’17 Big Park VOC MARKET HOME ANALYSIS – First of all, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index above. Altos Research uses a complex algorithm to provide the MAI.

VOC, Village of Oak Creek or Big Park also known as Sedona 86351 is the bedroom community of Sedona. It is located 20 minutes from the city center off highway 179. There are two zip codes in Sedona, 86336 and 86351. People choose this side of town because there is less traffic, good hiking trails, and a buyer can get more home for the same amount of money as Sedona 86336. It is also closer to the SR 179 for those who travel a lot.

These VOC Market Reports will highlight 86351

In this zip code, you will find a majority of single family homes nestled between some red rock formations. Bell Rock, Courthouse Butte, Castle Rock and the back side of Cathedral are the most notable of the formations. You will also find more than a couple of golf courses including an executive 9 hole course. Even though there is some shopping, entertainment, restaurants, and lodging. The majority of the zip code has more affordable housing than the zip code of 86336.

Always use the median price to track trends. The median means that half the homes are higher and half are lower. If the highest priced home is well over a million dollars this will drive the average price of homes up substantially. Average price is not a good indicator of how the market is doing.


Characteristics By Quartile

 

June ’17 – VOC Sedona AZ 86351 Homes For-Sale


voc big Park June Market Report


SEARCH FOR ALL HOMES FOR SALE IN VILLAGE OF OAK CREEK

 

Select Links Below To See Sedona Single Family Homes In Each Price Range 

 

There are 9 VOC homes for sale (currently) priced at $1 million and over – (NC)

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$575,000 to $999,999 returned 24 VOC homes for sale – (NC)

$400,000 to $574,999 returned 28 VOC homes for sale – (+4)

$399,000 and under returned 32 VOC homes for sale – (+3)

The listings above can change at any given time based on homes being added or subtracted from the Multiple Listing Service (MLS).

Supply and Demand – (VOC) Sedona 86351

How the Market is Doing 


Median Price 

The Median Price has decreased $20,000, to $549,000. This is a slight change! The top bracket has had a sharp decrease ($100,000). Two luxury homes that left the active market. The other 3 quartiles all had a decrease in the median price.

Interactive chart below will continue to show current market information

 

Large Chart


 

Inventory

Inventory though low, is again, is up slightly. The market is up 7 homes. However, the market is down significantly from 1 year ago. 

 

 Interactive chart below will continue to show current market information

Large Chart


 

Days On Market (DoM)

The properties in VOC – Big Park and Pine Valley have been on the market for an average of 151 DoM. Down 1 month from May. Overall there is a little over 5 month supply of homes on market. The only bracket that is up is the second bracket ($659,000 median price). The bottom segment is down to 2 months supply. It is definitely a Seller’s market with a supply that low. However the top bracket is at 214 days, which is a neutral market for that bracket. 

Generally, the homes that are priced right will go into contract much faster causing the DOM to rise on homes that have been on the market and gone stale.

Interactive chart below will continue to show current market information

 

Large Chart


Buyer or Seller Market? (MAI)

The Market Action Index – The MAI continues to trend higher into the seller range at 30.8.  However, the top bracket is not in the seller zone. There have been only 2 months where the top quartile moved into the seller zone.  There is such low inventory in the 86336 zip (Chapel area, Uptown and West Sedona that buyers are moving into the VOC area to purchase a home. This has also created lower inventory and a downward shift in DoM.These conditions drive up the demand creating a seller zone overall for 86351. 

Interactive charts below will continue to show current market information

Large Chart

 

Bottom Line

The Market Action Index which is trending higher. The market is comfortable in the seller zone]. Overall the real estate market for Village of Oak Creek continues to have very low inventory. The inventory will have to continue to rise, to trigger a pricing weakness.

 A buyer may be able to find some homes that the seller is willing to negotiate.  The reason some homes are stale is because the seller is not willing to drop the price of the home. Keep that in mind when negotiating. 

Luxury Market

One note: The Luxury Market has a price point of $900,000 for the top 10%. This figure is based on the last 6 month’s of sold listings for all of Sedona. The top 10% of active listings   (which is different from sold listings) is at $950,000 for the Village. – This just gives you an idea of how the active market compares to the sold market.

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president uses the definition above for defining a luxury listing. The Luxury Market is measured using 86336, and 86351 zip codes.


 

Sedona Magic ~ Daylight….

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Sedona Magic…

Sedona Magic

The Sedona Lifestyle…

Slow down and enjoy life. It’s not only the scenery you miss by going to fast, you also miss the sense of where you are going and why….Eddie Cantor

~

My personal ambition remains the same – to be creative,

to be modern, to stay one step ahead, to enjoy life….Natalie Massenet

~

I’ve never really taken anything very seriously.

I enjoy life because I enjoy making other people enjoy it….Tim Conway

~

A man who dares to waste one hour of time

has not discovered the value of life….Charles Darwin

~

All life is an experiment.

The more experiments you make the better….Ralph Waldo Emerson

~

My mission in life is not merely to survive but to thrive; and to do so with some passion, some compassion, some humor, and some style…Maya Angelou

~

Tomorrow – Daylight will be 8 seconds shorter! 

Better make the most of today….me!

~ ~ ~

How are you going to spend YOUR 8 seconds?

Sedona-Lifestyle.com


Sheri Sperry Realtor Coldwell BankerABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.”

“I am YOUR Solutions REALTOR®” ~ Sheri Sperry

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Sedona AZ 86336 ~ June Market Report ~ 2017

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How’s The Market Doing?

Homes For-Sale
Sedona Arizona 86336
June 2017 ~ REAL TIME Market Report & Analysis

sedona-june-market-report

Learn More About Sedona Arizona 86336

Courtesy of Sheri Sperry ~

Coldwell Banker Residential Brokerage 

Sheri Sperry Coldwell Banker Sedona Realtor Sedona May Market Report

Your Solutions Realtor®

Check out the most current monthly reports in the Sedona Verde Valley at SEDONAMARKETREPORTS.com

~ ~ ~


Sedona Arizona 86336 Homes For-Sale

Report 6/23/17

Sedona June Market Report

sedona-june-market-report

As you research the Sedona June Market Report and homes for-sale, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index (MAI) above. Altos Research uses a complex algorithm to provide the MAI.

Sedona Information

Sedona 86336 is the heart of Sedona. There are two zip codes 86336 and 86351. These Market Reports will highlight 86336. In this zip code, you will find the majority of the shopping, entertainment, restaurants, and lodging. It also includes a couple of 5 star resorts and the camping areas and mountain style living in the Oak Creek area heading toward Flagstaff. Sedona 86336 is basically areas such as the Chapel area, Uptown, West Sedona, the Airport Mesa area and Red Rock Loop.


Characteristics By Quartile

 

June ’17 – Sedona AZ 86336 Homes For Sale

 

86336, Border forest, Coldwell Banker Residential Brokerage, Coldwell Banker Sedona, Gated communities, golf, golf courses, golf homes, homes for sale, Homes on Oak Creek, luxury homes, sedona properties, relocation, retirement, retirement communities, second homes, Sedona, soldiers pass, summer homes, vacation homes, view homes, west sedona, arizona, winter homes, summer homes, northern shadows, casa contenta, coffeepot cottages, Northview, Mission hills, Cedar ridge, crimson view, western hills, thunder mountain ranch, foothills north, north slopes, back ‘o beyond ranch, sky mountain ranch, Mystic Hills, chapel Hills estates, chapel bells estates, chapel view, skyline estates, Indian cliffs, seven vistas, seven canyons, enchantment resort, les springs, rolling hills estates, jordon park ridge, jorden park glen Indian trails cibola hills, the Orchards, lazy bear Manzanita hills, broken arrow, creek mesa,


To learn more about these market reports please visit:

The Market Stats on my website.
Reports are generated weekly on Mondays


SEARCH FOR ALL HOMES FOR SALE IN SEDONA


Select Links Below To See Sedona Single Family Homes In Each Price Range 

 

There are 48 Sedona homes for sale (currently) priced at $1 million and over (+6)

$700,000 to $999,999 returned 40 Sedona homes for sale –  (+1)

$495,000 to $699,999 returned 32 Sedona homes for sale – (-6)

$494,999 and under returned 36 Sedona homes for sale – (+1)


Supply and Demand – Sedona 86336 


Median Price

The Median Price has increased from $795,000 to $845,000. This is an increase of $100,000 over the last 2 months.  As you can see by the chart below, the quartiles are inching upward but the top quartile which is moving upward at a slightly faster rate than the other 3 quartiles. 

Interactive chart below will continue to show current market information

Large Chart


Inventory

The Inventory hit new lows for the year in April.   Historically, Spring starts the time many sellers put their homes on market. You can see that the inventory has finally started to shift upward.  Note – rising inventory alone does not signal a weakening market. Look at Market Action Index and Days on Market (DoM) to gauge whether buyer interest is keeping up with available supply.

Interactive chart below will continue to show current market information

Large Chart


Days On Market

Days On Market – Trends continue to show a decline. With little inventory to pick from all homes are being looked at and offers are being made. New homes on market 4 weeks ago are gone! The DoM will come down because of new listings and old listings selling. The Luxury Market continues to show the biggest decrease in DoM. It is down another 11 days since last report. 

Interactive chart below will continue to show current market information


Large Chart


Market Action Index

The Market Action Index is mixed. 30 is the break even point between seller vs buyer advantage. It hasmoved up a strong 1.3 points in last 4 weeks.  If this continues, pricing will continue to be a strong seller advantage.  The top quartile is in barely in the buyer zone and has been moving steadily upward since April. Typically the premium segment of the market takes longer to sell.

 

Interactive chart below will continue to show current market information

^^^

Large Chart

 

MAI or Market Action Index answers the question “Hows the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller’s advantage. Below 30, conditions give the advantage to the buyer.

Bottom Line

Inventory is moving up slightly and DoM is dropping and the Market Action Index has also been strong. We have pushed through the height of the Spring selling market. The summer market usually is weaker than Spring and Fall.  We may see this weakening trend as we near  August. 

 

Luxury Market

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president of defines the Luxury Market as the top 10% of the listings available. The Luxury Market is measured using 86336, and 86351 zip codes. The price point is at $900,000 for the top 10% of the market. This figure is based on the last 6 month’s of sold listings. The top 10% of active listings (which is different from sold listings) continues to hold at $1,500,000. – This just gives you an idea of how the active market compares.

To learn more about these market reports please visit the Learning Center or visit Market Stats on my website.


To learn more about these market reports please visit:

 Visit Market Stats on my website or contact me with questions.
Reports are generated weekly on Mondays

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)

ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.”

 

I am YOUR Solutions REALTOR®” ~ Sheri Sperry


Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

Sedona homes for sale

A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past & current statistics and other information. It is deemed reliable but not guaranteed.

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June Market Conditions Crimson View – West Sedona AZ 86336

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 June Market Conditions Crimson View West Sedona AZ

June Market Crimson View homes for sale

Courtesy of

June Market WEstern Hills

Crimson View – A Sub-division of West Sedona Arizona 86336

June Crimson View Market Conditions and homes for saleIf you travel north from State Route (SR) 89A onto Rodeo Road and start heading up the hill, you will reach Crimson View, Western Hills sub-divisions along with Cedar Ridge, Sedona Arizona. What you will notice first are Crimson Red Rocks of Capital Butte and Thunder Mountain. June Market Crimson View homes for sale

In the northeast, you can’t help but see Coffeepot Rock.  There are many homes with views of Sedona looking to the east. This area is elevated from SR 89A.

Off in the northwest, you might gaze upon Chimney Rock, but be careful not to take your eyes off the road!  It is easy to do with these beautiful views. It provides views that are not available from the main highway passing through Sedona business district.

Three Minutes to Shopping – Restaurants – Medical 

Speaking about the Sedona business district, just one more reason this area is a favorite among residents and buyers alike is that Crimson View sub-division is close to the business district.  At the bottom of the hill is the Safeway shopping center and numerous restaurants close by.  You will find an Urgent Care as well as other medical facilities and professional offices within another four minutes of the intersection of Rodeo Rd and SR 89A.

Close To Hiking Trails

There are many trails right above those homes. The Stupa and trails leading to Sugarloaf Mountain are close by and easy to access. I have been up to Sugarloaf and there is an amazing view of the landscape above and below. It is not a difficult hike but will clear your head and allow you to enjoy the reason you moved here in the first place!

June Market Crimson view Sedona Luxury Real Estate

Crimson View Real Estate Market

Update – June 2017


There is 5 Active Listing out of 92 Lots

$899,900 – 3 BD / 4 Bath  – 3300 SF – $273 / SF – DOM – 581 – MLS # 508662

$795,000 – 3 BD / 3 Bath  – 2470 SF – $322 / SF – DOM – 265 – MLS # 513263

$699,000 – 4 BD / 3 Bath  – 2640 SF – $265 / SF – DOM – 118 – MLS # 512250

$685,000 – 4 BD / 3 Bath  – 3078 SF – $223 / SF – DOM – 287 – MLS # 511068

$624,900 – 3 BD / 3 Bath  – 2421 SF – $258 / SF – DOM – 208 – MLS # 511660

AVERAGE

Average Original Listing Price $745,580 ~~~ Average Closed Price $740,760 = .04% Discount

243 – Average Days on Market (DOM)

Average SF – 2782 ~~~ Average $ / SF – $268


There is 1 Pending -taking backup Listing out of 92 Lots

$719,000 – 3 BD / 2 Bath  – 2260 SF – $318 / SF – DOM – 370 – MLS # 508662


There are 0 Pending Yellow Listings


2 homes closed in Western Hills from December 22, 2016 thru June 22, 2017 –

Average Original Listing Price $690,000 ~~~ Average Closed Price $667,500 = 3.3% Discount

195 – Average Days on Market (DOM)

Average SF – 2221 ~~~ Average $ / SF – $301

Search For All Crimson View Homes For Sale

Search For All Homes

 


Crimson View June Market


SOLUTIONS FOR SELLERS

 

If you select Sheri Sperry, she will provide marketing

that most agents reserve for luxury homes only.  

Beside professional photography, – aerial pictures and video are included.

Our marketing materials are customized with you and your home or property in mind.

We ask the question. “What type of marketing will attract the right buyers?

Call Sheri for a custom listing presentation designed especially for you.

 

For more information and expert strategy analysis of your property

Contact Sheri Sperry Coldwell Banker Sedona.

 

SOLUTIONS FOR BUYERS 

 

Complimentary Consultation over the phone or in person. 

 

You need a Master Certified Negotiations Expert –  MCNE® working for you!

 

 

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)

Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

EqualHouse-Brker-Recip-copy-2

Find Sedona Sub-division Market Reports Here

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Sedona Sub-division Market Reports

Blog Category

Sedona sub division market reports

 

Select This To Go Directly To Sub-division Market Reports

Sedona sub-division market reports add a more hyper-local dimension to understanding the Sedona real estate market. The sub-division market reports are being added every week. There are a lot of sub-divisions in Sedona, the Village (VOC) and Big Park so not all will be highlighted. However If you want to know more about an area, PLEASE let me know and I can give you all the information you want to know.  I would be honored to help you find your dream home!

 

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Excessive Heat Warning for Tuesday June 20th 2017

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Sedona Weather Update

excessive heat June 20 Sedona-weather-update

The Summer Solstice 9:24 p MST 
Tuesday June 20  
Record Heat – Expected throughout Arizona

Today – One of Hottest Days On Record Through Out Arizona

Many businesses in Central and Southern Arizona may be curtailing business hours and outdoor activities. Check before scheduling a visit. In Sedona, If the temperature reaches 110º, it will be one of the hottest days recorded. Last year, we hit a record 112.7º.  The next highest temperature, 109º, has been recorded 2 times. Once last year and yesterday! Sedona usually is around 10º cooler than the central and southern part of the state. This is one of the reasons many people pick Sedona for their residence. The climate is not as harsh as other locations. If you have any questions about this subject or anything Sedona, especially real estate, please give me a call and I will be honored to help you. Sheri Sperry (928) 274-7355. or visit my website at SellSedona.com

American Airlines has already canceled flights for Tuesday June 20th between 3 PM and 6 PM MST. The reason is that some aircraft cannot fly above 118º.  Take-offs and landings in that kind of heat is a safety hazard because the aircraft may fail. If you are planning a trip out of Mesa or Phoenix airports please check with your airline for updates.

Conserve Power Consumption

The temperature is expected to reach record highs. The hottest day on record for Phoenix is 122º. It is expected to climb to 120º. APS – Phoenix power company has said that they do not expect brown outs but encourage residents and companies to conserve energy output during the hours of 3 PM and 6 PM.  Avoid running high energy appliances such and washing machines and dryers. Avoid using ovens. Adjust thermostats to temps at or above 78º-80º.

See This Blog for more details on Safety – Dos and Don’ts

How Does Excessive Heat Affect Sedona and Arizona?

 

excessive heat june 20 summer

 

Sedona-Lifestyle.com

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As a Coldwell Banker Sedona Arizona REALTOR®, my primary goal is to help my customers obtain their dreams, as well as satisfy their financial goals and objectives through real estate. From the moment I am contacted, you will observe my seasoned ability to provide you with “World Class Service” and that “personal touch” while utilizing a complete package of technology options that are of the utmost importance and so critical in today’s market.

I will tailor real solutions to fit your specific needs. – Sheri Sperry –

YOUR Solutions REALTOR®

See Reasons Why Sheri Is Your Solution

Solutions For Buyers

Solutions For Sellers

 

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How does Excessive Heat Affect Arizona?

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As I write this at 11:30 am, it is 105º in Sedona! This is extreme heat for our area. 

Excessive Heat May Affect Arizona Airports

Southwest Take Off From Sky Harbor (PHX) During Monsoon

 

         


American Airlines – just one example… Already cancelled 40 Flights for Wednesday

American Airlines issued an alert to it’s customers for any who have tickets leaving PHX Monday, Tuesday or Wednesday between 3pm and 6pm, American will allow the customer to change their departure without any charge.  This is because there is no guarentee that aircraft will be able to take off because of the excessive heat. If you have a departure leaving Mesa Airport, you should also check with your carrier to make sure there are no delays.

Besides soft asphalt conditions at 118º plus, planes and equipment can sink into asphalt! Shoe soles get hot some will melt! Also, Certain aircraft may not be able to create enough lift to get off the runway.  The air becomes much thinner and lift becomes a real issue and it takes a lot more runway to get the aircraft wheels up!

Ground Crews

Let’s also not forget the ground crew. This is a safety issue for them as well. OSHA – Occupatoinal Safety and Health Administration has recommended that outdoor workers who are working in heat between 103º to 115º should drink at least 4 cups of water an hour  but no more than 6 cups an hour … – So about every 15 minutes grab a cup of water. Try to stay out of direct sunlight.

If you are going ot be outside:
  • Only hike in very early morning or late evening before sun comes up and after it goes down. 
  • Do not go on long hikes – especially hikes with elevation changes.
  • Keep plenty of water with you – use same standard as above for workers.
  • Stay in the shade!
  • Stick to water sports when possible.

How Does This Affect Real Estate Clients?

Realtors have to be very careful making sure clients stay hydrated while viewing homes out in the field on days that have extreme heat. 

  • Explain our heat to out-of-state buyers so they can monitor themselves.
  • Make sure you monitor your clients to see they stay hydrated. 
  • Signs of dehydration
  • Bring a cooler with plenty of ice and bottles of water.
  • Keep hand towels available that can be dipped in some water to cool you down. There are cooling towels you can buy.
  • Keep viewings to a reasonable amount. Take breaks and lunch if a full day is planned.
  • Make sure homes have the AC turned on prior to viewing.
  • Stay in the shade as much as possible
  • Keep a couple of shade umbrellas handy for fair-skin buyers 
  • Have discussions about homes in your car with AC turned on!

Actual Warning For Northern Arizona. –  

NOTE: I understand that the National Weather Service has issued a new warning for Central and Southern Arizona taking the time out to Saturday!

National Weather Service reports…

... Excessive heat warning remains in effect until 8 PM MST
Thursday... 

* affected area... northern Gila County, Yavapai County valleys 
  and basins, Oak Creek and Sycamore canyons, Marble and Glen 
  canyons. 

* Temperature... mid 90s near 6500 feet, 112 to 116 degrees in 
  the lowest valleys. Hottest days Tuesday and Wednesday. 

* Impacts... a prolonged period of hot temperatures is expected 
  and will significantly increase the potential for heat related 
  illness. Those without access to adequate air conditioning and 
  hydration will be most at risk. 

Precautionary/preparedness actions... 

An excessive heat warning means that a prolonged period of
dangerously hot temperatures will occur. The hot temperatures
will create a dangerous situation in which heat illnesses are
likely. Drink plenty of fluids... stay in an air-conditioned room
if possible... stay out of the sun... and check up on relatives and
neighbors.

Take extra precautions if you work or spend time outside. When
possible, reschedule strenuous activities to early morning or
evening. Know the signs and symptoms of heat exhaustion and heat
stroke. Wear light weight and loose fitting clothing when
possible and drink plenty of water.



SOLUTIONS FOR SELLERS

If you select Sheri Sperry, she will provide marketing

that most agents reserve for luxury homes only.  

Beside professional photography, – aerial pictures and video are included.

Our marketing materials are customized with you and your home or property in mind.

We ask the question. “What type of marketing will attract the right buyers?

 

Call Sheri for a custom listing presentation designed especially for you.

For more information and expert strategy analysis of your property

Contact Sheri Sperry – Coldwell Banker Residential Brokerage of Sedona – REALTOR®.

SOLUTIONS FOR BUYERS 

 

Complimentary Consultation over the phone or in person. 

 

You need a Master Certified Negotiations Expert –  MCNE® working for you!

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June Market Conditions for Neighborhood of Chapel Area, Sedona AZ 86336

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 June Market Conditions Chapel Area – Sedona AZ

Chapel area market conditions and homes for sale

Chapel In The Rocks – Chapel of the Holy Cross

Courtesy of

June Market WEstern Hills

Chapel Area – Sub-divisions of Sedona Arizona 86336

chapel area market conditions and homes for saleAs you come into Sedona off SR 179 you will see the Chapel sitting in the rocks on the northeast side of the 179. it is probably the most visited attraction in Sedona. The Chapel is a Roman Catholic Chapel though people all over the world visit this magnificent artistic building. The late Senator Barry Goldwater helped local rancher and sculptor Marguerite Staude Chapel area market conditions and homes for sale get a special use permit to build this Chapel. In 2007, Arizonans voted the Chapel to be one of the 7 Man-made Wonders of Arizona.

Chapel Trail & Named Red Rocks


 Off in the north, on Chapel road there is the Chapel Trail which goes between the Chapel and Little Horse Trail. One thing about this area is all the red rock named formations that you can see in a 360º field.  There is madonna & Child, Twin Sisters, Courthouse Butte, Bell Rock, Cathedral Rock, Airport Mesa, Elephant Rock and of course…the Chapel!

Just Minutes to Shopping – Restaurants – Half Way Point Between West Sedona and Village of Oak Creek

Residents enjoy living in this area because there is beauty all around you. But shopping areas and restaurants are also close by, most notably is Hillside with galleries and popular restaurants.  It also sits in between West Sedona and the Village of Oak Creek. Each home is a custom built home and many take advantage of the views of the named red rocks in the area. There are over 400 home sites in the Chapel area not many lots are are undeveloped but there are some.

June Chapel Hills market conditions homes for sale

Chapel Area Real Estate Market

Update – June 2017


There are 2 Active Listings out of 402 Home Sites

$678,000 – 3 BD / 3 Bath  – 3098 SF – $219 / SF – DOM – 187 – MLS # 511795

$707,000 – 3 BD / 3 Bath  – 2591 SF – $273 / SF – DOM – 72 – MLS # 512638

 Active Average

Average Original Listing Price $717,500 ~~~ Average Current Price $692,500 = 3.4% Discount

129 – Average Days on Market (DOM)

Average SF – 2844 ~~~ Average $ / SF – $246


There are 2 Pending Listing Taking Backups 

$398,500 – 2 BD / 2 Bath  – 2103 SF – $189 / SF – DOM – 308 – MLS # 510844

$738,000 – 3 BD / 4 Bath  – 3741 SF – $197 / SF – DOM – 288 – MLS # 510989

Pending Average

Average Original Listing Price $593,750 ~~~ Average Current Price $568,250 = 4.3% Discount

298 – Average Days on Market (DOM)

Average SF – 2922 ~~~ Average $ / SF – $193

 

There are 2 Pending Yellow Listings

$675,000 – 2 BD / 2 Bath  – 2481 SF – $272 / SF – DOM – 257 – MLS # 511238

$365,000 – 3 BD / 2 Bath  – 1523 SF – $239 / SF – DOM – 32 – MLS # 513092

Pending Yellow Average

Average Original Listing Price $532,000 ~~~ Average Current Price $520,000 = 2.2% Discount

144 – Average Days on Market (DOM)

Average SF – 2002 ~~~ Average $ / SF – $256

 


18 homes closed in the Chapel Area from December 2016 thru May 2017 –

Average Original Listing Price $532,350 ~~~ Average Closed Price $503,203 = 5.5% Discount

110 – Average Days on Market (DOM)

Average SF – 2207 ~~~ Average $ / SF – $227

Search For All Chapel Area Homes For Sale

Search For All Homes


June Chapel Hills Market conditions and homes for sale


SOLUTIONS FOR SELLERS

 

If you select Sheri Sperry, she will provide marketing

that most agents reserve for luxury homes only.  

Beside professional photography, – aerial pictures and video are included.

Our marketing materials are customized with you and your home or property in mind.

We ask the question. “What type of marketing will attract the right buyers?

Call Sheri for a custom listing presentation designed especially for you.

 

For more information and expert strategy analysis of your property

Contact Sheri Sperry ReMax Sedona.

 

SOLUTIONS FOR BUYERS 

 

Complimentary Consultation over the phone or in person. 

 

You need a Master Certified Negotiations Expert –  MCNE® working for you!

 

MONSOON ! ~ What is it? ~ How Does It Affect Sedona and Arizona?

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Monsoon!

An Arizona Summer Phenomenon

Monsoon - Sedona Top Realtors - Sheri Sperry Remax SedonaBell Rock Sedona – Thunderhead Increasing

 

Information on Monsoon – Sedona, AZ – First of all, there is no need to add season at the end of Monsoon because Monsoon is a season. Monsoon affects the west and southwest states because the pattern of the weather changes as noted below. We started 2017 with better than average rainfall but during April, May and June our rainfall is only been about a half an inch! So we are looking forward to this season.

Preparation For Monsoon

One quick note – Because it is our rainy season and the chance of lightning during a thunderstorm could knock out power, take some time to have things ready to go:

  • Know where the flashlights and candles are for easy access.
  • Keep your cell phone charged
  • Clean out gutters – drains – culverts – rain ditches and any other natural path water may take during a sudden downpour.

What Is Monsoon?

It seems that Southern Arizona, the White Mountains and the Phoenix metropolitan area known as “The Valley” get the brunt of the monsoon affects. It is amazing to see the haboob (desert wind storms)monsoon - Sedona real estate kick up and tower thousands of feet in the air moving through the valley. Those storms are the pre-cursor to the rain and massive storm cells that develop from the moisture in the warm air coming off the Gulf of Mexico. Generally, massive amounts of rain falling create downdrafts that push the air out from the center of the storm which produces a dry wind that kicks up the dust and dirt.

Seasonal Weather Patterns monsoon Arizona Sedona real estate

During summer, weather patterns change.  Storms that travel from the arctic  (Alaska) down through Canada and the lower 48, create our winter storm pattern.

In the summer, the pattern shifts to the south. Hurricanes, storms and moisture travel northwest from the Gulf of Mexico through Mexico, Texas, New Mexico and Arizona moving all the way to California. We also get moisture coming from the Gulf of California traveling directly north. Lots of moisture and an occasional hurricane come up from the coast of Baja California and push northeast into Arizona.

Northern Arizona

Up in Northern Arizona, we get a lot of cloud cover and the storms move through but usually don’t drop a lot of rain here in Sedona.Though in Flagstaff it is quite a different story! The area of Sedona seems to be protected. By that I mean that most of the rain falls elsewhere before it gets to our little city. But when we do get rain and storm cells, it is a big deal around here.

In 2014, Sedona got 7.73 inches of rain from July thru September. In 2013, there was 8.18 inches of rain in the same time frame. Flash flooding can happen because many of the streets are sloped leading up to the red rocks. There has been much improvement made in our drainage system to be able to handle the additional water flow but during an intense storm there is no place for the water to go and mud and rocks can travel across roads to find the path of least resistance. Do not travel through a road where water is more than 4 inches deep.  A car can be swept away easily.

Southern & Central Arizona

In Southern and Central Arizona – 2014 will be remembered as the “Monsoon of the Century”. All future monsoon activity will be measured in terms of 2014. There were 3 major hurricanes that effected the weather in the southern half of the state. This caused a deluge and many towns and neighborhoods suffered tremendous flooding damage due to flash floods, hurricane wind, broken canals, and water that had no where to go. Many long-time residents have never seen a deluge like we have seen this year. Sky Harbor Airport had record rainfall of 1.59 inches and has exceeded the all-time record set back in 1903.

Discover more about Sedona Weather 


Some of the most incredible pictures are taken during Monsoon

Monsoon Thunderstorm - Sedona nomes for sale

Thunderheads Surround Sedona

89A – West Sedona AZ – looking south

Monsoon at sunset - homes for sale Big Park AZ VOC - Village of oak Creek

Massive Thunderstorm at Sunset creates Fire In the Sky

monsoon - West Sedona homes for sale

Summer-Monsoon-A-2

North View – Century Plant in Bloom

Summer-Monsoon-A-6

Cathedral Rock at Monsoon Sunset

Summer-Monsoon-A-8

Looking Toward the Mogollon Rim

Buy Sedona homes

Rare Monsoon Sunset Rainbow

Click Here For A Video Of The Rainbow Above 

It was taken just a couple of minutes before the sky went on fire!

+++++

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Why You Should Select Steel Instead Of Wood For Your New Home Construction

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Steel vs. Wood

Steel Home Construction

steel home construction

Soldier’s Pass Sedona Arizona

 

This steel home construction has been under construction on the street that I take to get to my house. Up until recently, I have been watching them continue to work on the foundation. Months and months of digging out solid rock to form this foundation.  Then within weeks, the framing started to go up. Low and behold, it was all steel.  The picture above is the second story. The second story floor is even metal.

I have only seen two or three other homes being built that were steel construction. Of course, these homes are in the multi-million dollar range.  The house right next to this one was built for $3.4 million.

Have you ever wondered why some homes are now using steel in the construction rather than wood framing?  My first thought is that when you are building a high end home you might as well spend the money on the best material. Right?

What Is The Cost Steel vs. Wood?

I read some research that states that a DIY site did. They built 3 separate walls 10 feet long, 8 feet high with 3 electrical boxes and drywall on both side. Materials were purchased at Home Depot. Their conclusion was this:

  • Wood framed wall with nails: Total cost = $102.08
  • Wood framed wall with screws: Total cost = $103.54
  • Wall framed with steel studs: Total cost = $114.37

Roughly the cost is a little over 10% higher.

What Are The Benefits?

As I review some of these benefits, your area may not even fit some of the weather profile. We are assuming the steel home is properly constructed.

  • Steel is eco-friendly – made completely with recyclable material
  • Termites can’t eat steel. Pests won’t nest. Rats can’t chew through it!
  • Steel is safe from mold and mildew.
  • Earthquake resistant to seismic zone 4. Great for California
  • Strong enough to remain standing during 150 mph winds.
  • With a steel roof, can handle much more snow with out collapse of the roof.
  • Resists fire!
  • Steel framing is lighter and stronger than wood and it will last…

 

steel home constructoin

 

This steel home construction is going to be a top luxury home. Price of materials and quality does not matter in a home like this. The view alone is priceless. The average price of all the homes in Soldier’s Pass is over $1.4 million with many homes going over 2 or 3 million. There at least a handful of homes that are $3 to $4 million each. Soldier’s Pass is a special area. 

However, there are those builders who will tell you that the price per square foot with steel is less that of a conventional framed home. Do your homework. You may be better off with steel home construction.

June Market Conditions Western Hills West Sedona AZ 86336

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 June Market Conditions Western Hills West Sedona AZ

June Market Western Hills homes for sale

Chimney Rock – Capital Butte – Thunder Mountain – Coffeepot Rock

Courtesy of

June Market WEstern Hills

Western Hills – A Sub-division of West Sedona Arizona 86336

June western hills marketIf you travel north from State Route (SR) 89A onto Rodeo Road and start heading up the hill, you will reach Western Hills sub-division, Sedona Arizona. What you will notice first are Crimson Red Rocks of Capital Butte and Thunder Mountain. Yes, this is the same Thunder Mountain that Walt Disney named his famous roller coaster ride after. Disney had a home not far from Western Hills. Sedona was a favorite get-away of his. June Market Western hIlls real estate for sale
 Off in the northwest, you might gaze upon Chimney Rock, but be careful not to take your eyes off the road!  It is easy to do with these beautiful views.  In the northeast, you can’t help but see Coffeepot Rock.  There are many homes with views of Sedona looking to the east. This area is elevated from SR 89A. It provides views that are not available from the main highway passing through Sedona business district.

Three Minutes to Shopping – Restaurants – Medical 

Another reason this area is a favorite among residents and buyers alike is that the Western Hills sub-division is close to the business district.  At the bottom of the hill is the Safeway shopping center and numerous restaurants close by.  You will find an Urgent Care as well as other medical facilities and professional offices within another four minutes of the intersection of Rodeo Rd and SR 89A.

Close To Hiking Trails

Western Hills backs right up to forest. There are many trails right above those homes. The Stupa and trails leading to Sugarloaf Mountain are close by and easy to access. I have been up to Sugarloaf and there is an amazing view of the landscape above and below. It is not a difficult hike but will clear your head and allow you to enjoy the reason you moved here in the first place!

Western Hills Real Estate Market

Update – June 2017


There is 1 Active Listing out of 215 Lots

$569,000 – 3 BD / 2 Bath  – 2216 SF – $157 / SF – DOM – 105 – MLS # 512300


There are 0 Pending Yellow Listings


9 homes closed in Western Hills from December 2016 thru May 2017 –

Average Original Listing Price $583,922 ~~~ Average Closed Price $542,222 = 7% Discount

166 – Average Days on Market (DOM)

Average SF – 2166 ~~~ Average $ / SF – $253

Search For All Western Hills Homes For Sale

Search For All Homes


June Market Western Hills


SOLUTIONS FOR SELLERS

 

If you select Sheri Sperry, she will provide marketing

that most agents reserve for luxury homes only.  

Beside professional photography, – aerial pictures and video are included.

Our marketing materials are customized with you and your home or property in mind.

We ask the question. “What type of marketing will attract the right buyers?

Call Sheri for a custom listing presentation designed especially for you.

 

For more information and expert strategy analysis of your property

Contact Sheri Sperry Coldwell Banker Sedona.

 

SOLUTIONS FOR BUYERS 

 

Complimentary Consultation over the phone or in person. 

 

You need a Master Certified Negotiations Expert –  MCNE® working for you!

 

May 2017 – Cornville Market Conditions – AZ 86325

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How’s The Market Doing?

Homes For-Sale

Cornville – Verde Santa Fe – Page Springs

Arizona 86325

May 2017 ~ REAL TIME Market Report & Analysis

~ ~ ~

Cornville April Market Report

Homes On Golf Course – Returned 2 Results – Sedona Arizona 86351  (-1)


Learn More About Cornville – Verde Santa Fe – Page Springs

Courtesy of Sheri Sperry 

YOUR Solutions REALTOR®

Coldwell Banker Residential Brokerage

May Cornville Market Report Sheri Sperry Coldwell Banker Sedona Realtor

 Check out the most current monthly reports in the Sedona Verde Valley at

SEDONAMARKETREPORTS.com

~~~

Cornville Arizona 86325 Homes For-Sale

Report 5/29/17
Cornville – Page Springs – Verde Santa Fe – Market Report

 

May Cornville Market Report

May Cornville Market Reports will also cover Page Springs Verde Santa Fe market as well. First of all, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index above. Altos Research uses a complex algorithm to provide the MAI.

Cornville AZ 86325 which includes the community of Page Springs and Verde Santa Fe, is growing among those looking at buying homes for sale. Many homes such as the neighborhoods and sub-divisions of Verde Santa Fe are newer homes with great appeal. Verde Santa Fe (VSF) has several neighborhoods that appeal to a variety of residents and buyers. VSF amenities abound, from gated communities, two clubhouses, neighborhood and community pools and a golf course where residents can belong to the VSF Men’s Club or Ladies League. Call golf course for more info and pricing @ 928-634-5454.

These Cornville Market Reports will highlight 86325

As a bedroom community of Sedona, and it’s close proximity to Cottonwood can be very appealing to many people. Cottonwood has big box stores such as Home Depot and Wal-Mart as well as the Verde Valley Medical Center. This is very appealing to many who need to be near medical facilities, doctors and other professionals. Many doctors live in Verde Santa Fe or Cornville because of it’s close proximity to the Medical Center in Cottonwood.

Always use the median price to track trends. The median means that half the homes are higher and half are lower. If the highest priced home is well over a million dollars this will drive the average price of homes up substantially. Average price is not a good indicator of how the market is doing.

 


Characteristics By Quartile

 

May ’17 – Cornville – Verde Santa Fe – Page Springs – AZ 86325 Homes For-Sale


May Cornville Market Report


SEARCH FOR ALL HOMES FOR SALE IN CORNVILLE – VERDE SANTA FE – PAGE SPRINGS

Select Links Below To See Cornville Single Family Homes In Each Price Range 

 

There are 2 Cornville homes for sale (currently) priced at $1 million Plus – (-1)

 ~ ~ ~

$459,000 and up returned 8 Cornville homes for sale – (-4)

$294,000 to $458,999 returned 12 Cornville homes for sale – (No Change)

$239,000 to $293,999 returned 10 Cornville homes for sale – (-1)

$238,999 and under returned 11 Cornville homes for sale – (-1)

~ ~ ~

FIND ONLY HOMES IN VERDE SANTA FE = 14 – (-3)

The listings above can change at any given time based on homes being added or subtracted from the Multiple Listing Service (MLS).

Supply and Demand – Cornville – Page Springs – Verde Santa Fe

Arizona 86325

How the Market is Doing 


Median Price 

The Median Price is off $5000 from May. 

Interactive chart below will continue to show current market information

 

Large Chart


 

Inventory

Inventory continues to be low. As noted by the chart below, Spring inventory started to show a bump, but continues to drop in all quartiles. 

 

 Interactive chart below will continue to show current market information

Large Chart


 

Days On Market (DoM)

The Days on Market (DoM) are down by about a week from early May. The overall DoM is at 5 months which is in the Seller zone. the lowest tier has dropped to 39 days which is pretty significant. 

If you are interested in a value priced home don’t wait to make an offer! 

Interactive chart below will continue to show current market information

 

Large Chart


Buyer or Seller Market? (MAI)

The Market Action Index – The MAI continues to show a strong seller market. In April the top quartile was well below the neutral zone in the buyer zone. Now it is in a strong seller MAI. 

Interactive charts below will continue to show current market information

Large Chart

 

Bottom Line

Overall the real estate market for Cornville, Page Springs and Verde Santa Fe continues to have very low inventory. This market is in a strong seller zone. Buyers do not have much room to negotiate because there is another buyer waiting in the wings. My recommendation is to look for homes that have been sitting on the market for a long period of time. Homes that need some work or upgrades may have room for negotiation. 

Luxury Market For Sedona

One note: The SEDONA Luxury Market has a price point of $860,000 for the top 10% – (November 2016-May 2017). This figure is based on the last 6 month’s of sold listings for all of Sedona.

Cornville

The top 10% of closed listings in Cornville for the period of November 2016 to May 2017, is $450,000. The top 10% of active listings (which is different from sold listings) is at $509,000 for Cornville. – This just gives you an idea of how the active market compares to the sold market for the top 10%. 

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president uses the definition above for defining a luxury listing. The Luxury Market is measured using 86336, and 86351 zip codes.


 

MAI or Market Action Index answers the question “Hows the Market?” by measuring the current rate of sale versus the amount of the inventory.  Index above 30 implies a seller’s advantage.  Below 30, conditions give the advantage to the buyer.


To learn more about these market reports please visit:

The Discover SellSedona.com or visit Market Stats on SellSedona.com.
Reports are generated weekly on Mondays

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)

 


Sheri Sperry Coldwell Banker Top RealtorABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.”

“I am YOUR Solutions REALTOR®” ~ Sheri Sperry


Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

EqualHouse-Brker-Recip-copy-2

A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past & current statistics and other information. It is deemed reliable but not guaranteed.

May 2017 – Cottonwood Market Conditions ~ AZ 86326

Posted by On

How’s The Market Doing?

Homes For-Sale

Cottonwood

Arizona 86326

May 2017 ~ REAL TIME Market Report & Analysis

~ ~ ~

May Cottonwood Market Report


Learn More About Cottonwood Arizona 86326

Courtesy of Sheri Sperry 
YOUR Solutions REALTOR®
Coldwell Banker Residential Brokerage

May Cottonwood Market Conditions Sheri Sperry Coldwell Banker Sedona Realtor

 Check out the most current monthly reports in the Sedona Verde Valley at

SEDONAMARKETREPORTS.com

~~~

Cottonwood Arizona 86326 Homes For-Sale

Report 5/29/17
May Cottonwood Market Conditions

 

May Cottonwood Market Conditions

May 2017 COTTONWOOD MARKET HOME CONDITIONS – First of all, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index above. Altos Research uses a complex algorithm to provide the MAI.

To analyze the Cottonwood AZ Market Report, An understanding of the city is helpful. It is about a half hour south of Sedona and located off highway 260 and the 89A. Cottonwood is known for it’s big box shopping centers and is also known for the Verde Valley Medical Center. This is very appealing to many who need to be near medical facilities, doctors and other professionals. There are many medical offices around the hospital that provide all the services you might need. Go to LifeInSedona.com and select Cottonwood for more information. Old Town Cottonwood has been completely renovated in the last few years. It has the charm of the Old West and the modern flair of contemporary restaurants and boutique shopping. One of my favorite gourmet food stores is the Verde Valley Olive Oil Traders. You must go in there and taste the ultra fresh olive oils and balsamic vinegars they offer. This Old Town experience is another reason that the Cottonwood, Clarkdale and Cornville areas are thriving. Not only does this area bring tourism but the locals are fully invested in it’s success!

These Cottonwood AZ Market Reports will highlight 86326

As a bedroom community of Sedona, Cottonwood can be very appealing to many people. Cottonwood also has big box stores such as Home Depot and Wal-Mart and a large Fry’s Supermarket.

Always use the median price to track trends. The median means that half the homes are higher and half are lower. If the highest priced home is well over a million dollars this will drive the average price of homes up substantially. Average price is not a good indicator of how the market is doing.


Characteristics By Quartile

 

May ’17 – Cornville – Verde Santa Fe – Page Springs – AZ 86325 Homes For-Sale


May Cottonwood Market Reports


SEARCH FOR ALL HOMES FOR SALE IN COTTONWOOD AZ 

Select Links Below To See Cornville Single Family Homes In Each Price Range 

 

The Top 10% (9) of currently listed homes starts at $700,000 for Cottonwood

~ ~ ~

 4 Cottonwood homes for sale (currently) priced at $1 million and over – (-1)

 ~ ~ ~

$450,000 and higher returned 18 Cottonwood homes for sale – (-5)

$288,000 to $449,999 returned 22 Cottonwood homes for sale – (-1)

$210,000 to $287,999 returned 23 Cottonwood homes for sale – (+1)

$209,999 and under returned 14 Cottonwood homes for sale (-3)

The listings above can change at any given time based on homes being added or subtracted from the Multiple Listing Service (MLS).

 


Supply and Demand – Cottonwood AZ 86326

How the Market is Doing 


Median Price 

The Median Price has moved up $9,800 overall from the beginning of May. The two upper brackets have had strong gains while the bottom two brackets are a little softer. The lack of inventory is having some effect. 

Interactive chart below will continue to show current market information

Large Chart


 

Inventory

Inventory continues to trend downward. Spring is in full swing, there has been only decreases in inventory. Also there is no current indication that inventory will increase. All brackets have shown decreases in inventory.  A total of 17 homes have been absorbed in the last two months. This is pretty significant for our market area.  

 

 Interactive chart below will continue to show current market information


Large Chart


 

Days On Market (DoM)

The Days on Market are mixed through the brackets. The top bracket is down probably because one luxury home is off the market. The upper bracket is up 44 days from May. The third bracket is off by 26 days and the bottom bracket is up by 1 week. 

Most buyers willing to spend that amount for a home would normally be looking at Sedona for a home. However, for top bracket homes, I would target Cottonwood business owners and the medical community. Medical personnel must live within a certain radius of the hospital they work at. Business owners do not want to live to far from their businesses. 

Interactive chart below will continue to show current market information


Large Chart


Buyer or Seller Market? (MAI)

The Market Action Index – The MAI is continues to show a sellers market in all but the top quartile.  The bottom quartile has shown a dramatic increase from the beginning of this year. It is up to 63 MAI. The remaining brackets are also up. When there are less

Interactive charts below will continue to show current market information


Large Chart


Bottom Line

Cottonwood is in the seller zone and but a buyer may be able to find some homes that the seller is willing to negotiate in the top quartile.  Homes are not staying on the market long in the other quartiles. When the inventory is down, the MAI is going to start to rise higher at some point. It has started to rise again. 

Luxury Market of Sedona

One note: The Luxury Market has a price point of $860,000 for the top 10% in Sedona. This figure is based on the last 6 month’s of sold listings for all of Sedona. For Cottonwood, the top 10% of active listings starts in the mid to high $600,000 range. – This just gives you an idea of how the active market of Cottonwood compares to the sold market of Sedona.

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president uses the definition above for defining a luxury listing. The Luxury Market is measured using 86336, and 86351 zip codes.


 

MAI or Market Action Index answers the question “Hows the Market?” by measuring the current rate of sale versus the amount of the inventory.  Index above 30 implies a seller’s advantage.  Below 30, conditions give the advantage to the buyer.


To learn more about these market reports please visit:

The Discover SellSedona.com or visit Market Stats on SellSedona.com.
Reports are generated weekly on Mondays

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)

++++


ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.”

“I am YOUR Solutions REALTOR®” ~ Sheri Sperry


Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

EqualHouse-Brker-Recip-copy-2

A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past & current statistics and other information. It is deemed reliable but not guaranteed.

 

VOC – Big Park AZ 86351 – May Market Report – 2017

Posted by On

How’s The Market Doing?

Homes For-Sale

VOC – Village of Oak Creek – Big Park – Pine Valley

Sedona Arizona 86351

May 2017 ~ REAL TIME Market Report& Analysis

~ ~ ~

voc big park may market report

Homes On Golf Course – Returned 9 Results – Sedona Arizona 86351 – (-2)


Learn More About Big Park – VOC –  Sedona AZ 86351

Courtesy of Sheri Sperry 

YOUR Solutions REALTOR®

Coldwell Banker Residential Brokerage

Big Park VOC April Market Report Sheri Sperry Coldwell Banker Sedona Realtor

 Check out the most current monthly reports in the Sedona Verde Valley at

SEDONAMARKETREPORTS.com

~~~

Sedona Arizona 86351 Homes For-Sale

Report 5/29/17
Big Park (VOC) Market Report

 

Big Park VOC May Market Report

May ’17 Big Park VOC MARKET HOME ANALYSIS – First of all, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index above. Altos Research uses a complex algorithm to provide the MAI.

VOC, Village of Oak Creek or Big Park also known as Sedona 86351 is the bedroom community of Sedona. It is located 20 minutes from the city center off highway 179. There are two zip codes in Sedona, 86336 and 86351. People choose this side of town because there is less traffic, good hiking trails, and a buyer can get more home for the same amount of money as Sedona 86336. It is also closer to the SR 179 for those who travel a lot.

These VOC Market Reports will highlight 86351

In this zip code, you will find a majority of single family homes nestled between some red rock formations. Bell Rock, Courthouse Butte, Castle Rock and the back side of Cathedral are the most notable of the formations. You will also find more than a couple of golf courses including an executive 9 hole course. Even though there is some shopping, entertainment, restaurants, and lodging. The majority of the zip code has more affordable housing than the zip code of 86336.

Always use the median price to track trends. The median means that half the homes are higher and half are lower. If the highest priced home is well over a million dollars this will drive the average price of homes up substantially. Average price is not a good indicator of how the market is doing.


Characteristics By Quartile

 

May ’17 – VOC Sedona AZ 86351 Homes For-Sale


Big Park VOC May Market Report


SEARCH FOR ALL HOMES FOR SALE IN VILLAGE OF OAK CREEK

 

Select Links Below To See Sedona Single Family Homes In Each Price Range 

 

There are 9 VOC homes for sale (currently) priced at $1 million and over – (+2)

 ~ ~ ~

$575,000 to $999,999 returned 24 VOC homes for sale – (-5)

$400,000 to $574,999 returned 24 VOC homes for sale  (-7

$399,000 and under returned 29 VOC homes for sale  (+4)

The listings above can change at any given time based on homes being added or subtracted from the Multiple Listing Service (MLS).

Supply and Demand – (VOC) Sedona 86351

How the Market is Doing 


Median Price 

The Median Price has decreased $450, to $569,450. Virtually – no change! The top bracket has had a sharp increase because 2 luxury homes were added to the market. The other 3 quartiles have all had a decrease in the median price.

Interactive chart below will continue to show current market information

 

Large Chart


 

Inventory

Inventory though low, is showing signs of upward movement. The market is up 6 homes versus 2 weeks ago. This is a normal seasonal shift. If you compare May of last year to May of this year, the inventory is still way down. 

 

 Interactive chart below will continue to show current market information

Large Chart


 

Days On Market (DoM)

The properties in VOC – Big Park and Pine Valley have been on the market for an average of 181 DoM, which continues to show a decrease. Overall there is a little over 6 month supply of homes on market. The brackets are split. The premium segment is up around a 52 days. The bottom segment is down to 2.8 months supply. 

Generally, the homes that are priced right will go into contract much faster causing the DOM to rise on homes that have been on the market and gone stale.

Interactive chart below will continue to show current market information

 

Large Chart


Buyer or Seller Market? (MAI)

The Market Action Index – The MAI continues has moved into the seller range at 30.2.  However, all quartiles are in the seller zone or right at 30 MAI. There have been only 2 months where the top quartile moved into the seller zone.  There is such low inventory in the 86336 zip (Chapel area, Uptown and West Sedona that buyers are moving into the VOC area to purchase a home. This has also created lower inventory and a downward shift in DoM.These conditions drive up the demand creating a seller zone overall for 86351. 

Interactive charts below will continue to show current market information

Large Chart

 

Bottom Line

The Market Action Index which had been trending lower for several weeks while prices have remained relatively stable has now moved back into the seller zone. …just barely. The market is a push right now . Overall the real estate market for Village of Oak Creek continues to have very low inventory. The inventory will have to continue to rise, to trigger a pricing weakness.

 A buyer may be able to find some homes that the seller is willing to negotiate.  The reason some homes are stale is because the seller is not willing to drop the price of the home. Keep that in mind when negotiating. 

Luxury Market

One note: The Luxury Market has a price point of $900,000 for the top 10%. This figure is based on the last 6 month’s of sold listings for all of Sedona. The top 10% of active listings   (which is different from sold listings) is at $950,000 for the Village. – This just gives you an idea of how the active market compares to the sold market.

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president uses the definition above for defining a luxury listing. The Luxury Market is measured using 86336, and 86351 zip codes.


Frequently Asked Question – How Is The Sedona Traffic?

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Sedona TrafficTraffic Red Rock Jeep Trails

No, we are not going to talk about the red rock Jeep traffic that may actually cause traffic on the trails!  That is a conversation for another day. Generally all the professionals who navigate the jeep trails do a really good job of managing those trails such as the upkeep, as well as creating an atmosphere that moves the flow of vehicles through the trails transparently to the tourists and other vehicles and their drivers.

Tourism 

We have two seasons where the tourism swells above normal which increases traffic. Our local population is around 10,000 but on any given day there are 20,000 tourists visiting the city. On holiday weekends that number can grow even larger.

Spring & Autumn

Those seasons with larger than normal tourism numbers include Spring and Fall, with Spring lasting much longer than in years past. Here are the reasons why there is more tourism:

  • Arizona has had National Football Championship games
  • All Star Basketball games
  • The Waste-Management golf tournament
  • Cactus League Baseball
  • More access to hotel rooms
  • Infrastructure (loop freeways) built out and other freeway expansion projects including Interstate 17 to Sedona

In Sedona we have had aggressive tourism campaigns targeting areas like California and Phoenix. We have had a Marriott Courtyard built, the first hotel in 12 years giving us more rooms. Another section of a popular craft and gallery shopping and restaurant area (Tlaquepaque North) opened up in late Summer of 2016.

Arizona residents and many California residents travel by car to Sedona. If you fly into Phoenix, you generally will rent a car to get to Sedona. This creates more traffic.

traffic at the Y

What Is Sedona Doing To Minimize Congestion?

  • One of the first major projects taken on was SR 179.  The highway was made wider and eleven round-abouts were put in to help make traffic flow easier.

Sedona traffic SR 179 Construction

  • Uptown Sedona parking and pedestrian walkways were redesigned for efficiency. Traffic lanes were added to help traffic coming out of the canyon flow easier into the Uptown area.
  • Tram routes were added to ease vehicle traffic through the city.
  • Additional parking studies are being conducted right now with the possibility of shuttle services from these remote parking areas to the Uptown area. Highly regarded Kimley Horn is conducting the feasibility study for the city of Sedona.
  • Other areas being highly considered are traffic meters on the 89A in Uptown. Implementing traffic control restrictions between the hours of 1pm to 5pm. These hours may be extended based on traffic conditions. There will be turn lane restrictions and one way traffic to alleviate traffic bottlenecks.

Sedona traffic uptown

Uptown Traffic Flow Map – Enlarge

Summary

Because Sedona does care about traffic control, many things the city has done and is in the process of doing will alleviate traffic congestion.  However I hear from many REALTORS® that clients have decided that Sedona was just too congested for them and they have moved on. Generally, the increase starts in late February around the week of the Film festival and goes through April.  Most of the year other than holidays, the traffic flows well. Everything is very close in Sedona so only a few minutes are added to your trip. Really bad congestion might add 15 total minutes to a trip.

For me, traffic is nothing compared to Southern California or even Phoenix. I would never trade moving away because of the traffic. As a local, you know how to maneuver through it or pick the right time of day to run errands. Sedona is a life choice I will make all day long!

Tracking Sedona Weather – Common Misconceptions Dispelled

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Tracking Sedona Climate & Weather

Tracking Sedona Weather is not always the first question a client has when buying a home in Sedona. But as a client makes that decision to buy a home, they want to know what the weather or climate is like throughout the year. Many people have a false assumption that the weather is similar to Phoenix. The chart on the left was August 17, 2016 around 5 PM. 

Now, before those of you who live in the Phoenix start defending your weather.  It was the Phoenix and Colorado River weather that brought us to Arizona.  We used to take vacations in Palm Springs in the summer. Why? For a young family, vacations were cheaper in a city that all but shut down in the summer. Heat doesn’t bother us. (Well…. not too much!) After all, it is a dry heat and the kids were fishes. They loved to swim.

Humidity Not the Same…

Clients who are not familiar with Arizona do not realize that humidily is different here. You do not feel it.  It is more of a danger for hydration than for comfort. Where as in many locations you can gasp for breath as you walk outside. It is not the same here. In winter, the cold is not biting. Generally, we wear a sweater.  The last time a high temperature was below 32º was 1 day back in 2012. If you have read any other posts, you know that snow basically evaporates within a day or two.  One other thing I bring up is running the air conditioner.  Generally it is on less than 12 hours a day during the hottest time of the year. At night, windows are open 8 to 9 PM until 9-10 AM, the next day. I will also compare Sedona to Southern California weather. Most people want 4 seasons. 

Sedona weather station

Not Too Hot Or Not Too Cold…..

Let’s face it, clients don’t want lots of snow or lots of heat.
So this is a genuine concern. Because this question is asked from everybody who visits Sedona, my husband bought a weather station in 2010 and displays the weather in real time from our backyard. He has been drawn to it from his flying days. When you fly, you have to become somewhat of an expert and so it became a hobby!

He tracks many indices by month – It takes about

1/2 hour to track the indices below every month.

 

 Here are some Categories being tracked….

Days with Precipitation by Month

Days with Sun by Month  – New Category

Hottest Day of the Year

Days Over 100º

1st & Last Day of 100º

Number of Days over 90º but less than 100º

1st Day of 90º

Total Days over 90º

Coldest Temp of Year and Number of Days Below 32º

Days that dip below 32º

Days below 50º for a high 

Here is the chart that tracks precipitation

For more information on the Sedona Lifestyle go to 

Sedona-Lifestyle.com

June 2017 – Cottages At Coffeepot – A Unique Gated Community –

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The Cottages At Coffeepot

Soldiers Pass 

West Sedona Arizona 86336

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A Unique Gated Community 

Sedona Townhouse for sale


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Luxury Townhouses

Uncommon Homes in an Uncommon Setting!

 

June 2017 ~ Coffeepot Cottages Market Update 

See All Cottages At Coffeepot Homes For Sale 

 

Currently there are NO active Cottages available:

  • 0 – Active

Pending 

  • 0 – No Pending Contracts

Sold in 2017 (as of 06/01/17)

  • 5 Luxury Townhouses  – Average Closed Price $620,000 to $825,000 – Median DOM –> 98 – Average Sq Ft 2,247
  • Median Sales Price $775,000 – Original Median List Price $810,000 or (-4.3% Discount)

Sold in 2016  

  • 1 Luxury Townhouse  – List Price $845,000 – Closed Price $800,000  (-5.3% Discount)  DOM –> 50 – Sq Ft –> 1,999

Summary

This is the most activity I have seen in this small community for many years. Each of these town homes are very unique. They have custom floor plans, different lot sizes and each view is different.  Many of the luxury town homes have been updated to varying degrees which makes pricing price per square foot vary so much.

Soldier’s Pass – West Sedona AZ 86336 – Homes For Sale


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Cottages At Coffeepot Are Maintained With Your Safety & Aesthetics in Mind

Coffeepot Cottages
The Cottages At Coffeepot West Sedona is a community for those who want a lock and go lifestyle. The community has a full-time grounds keeper who maintains the front landscaping of each home.  There is only one way in and one way out and it has a security gate to maintain your privacy.  The Cottages are very safe. Because they sit over a mile off the main highway (89A) and are tucked in at the foot of the forest preserve, there is little traffic that is not accounted for.

Designed For Low Maintenance and Relaxation

There are 34 homes and generally 10-12 full-time residents who live in the Cottages while other residents travel to other homes based on the season.  Some spend summers here and others spend their winter months in this community.

One of the unique features that residents enjoy at the Cottages is a heated swimming pool that is available from May through October.  The pool area sits higher than most of the luxury town homes and has a great view of the surrounding red rocks.  Straddling one of the famous rocks in Sedona. ..Coffeepot Rock, the pool is located right below. From the main street of the 89A, it looks just like the old percolator coffee pot, but as you move around the rock, it can take on another appearance of  a “Standing Eagle” a name given to the rock by the Native Americans who inhabit the area.

Besides the pool, you can play a set of tennis anytime you choose at the tennis courts located right below the pool area.  If you decide you want some fresh air and a nature walk, there are trails by Coffeepot that lead to Boynton Canyon to the west and Jordan Park to the east.  The Seven Pools and Devil’s Kitchen are a ten minute walk right outside of the community.  There are Jeep trails also that you can take to get to those features. Just make sure you have a narrow rock climbing vehicle to get you back there!

Coffeepot rock
You enter the community from the top of the hill and the street lights meet the dark sky requirements.  These monuments throw a soft light down onto the pavement and each townhome has one or more in front of their home.

As you can see, there is green grass where you might expect rocks and desert plants.  Most of the community has grass in front of the town homes. However, the HOA is considering modernizing the landscaping in increments as needed to bring a fresh young look to the complex.

 

 

 

Sedona townhouses for sale

The picture above is looking down from Coffeepot Rock. There are 34 units.  Two of these units sit on two lots. Most of these luxury town homes are two and three units to a building. Each unit has some sort of courtyard in the front and a backyard garden area. Many units have built in BBQs and all have a slab patio front and back.  About half of the units back up to forest with a direct view of Coffeepot Rock.  Those units that sit on the east side of the street have a view of Coffeepot Rock from the front of the town house.

The Cottages At Coffeepot Architecture Is Timeless & Built To Last 

The architect is a prominent local resident who builds a quality home that usually remains pretty timeless. Don Woods has designed more than 200 local homes including Junipine Resort in Oak Creek Canyon to Heartline Cafe and the Sedona Racquet Club according to Sedona Monthly Magazine. This article was back in 2006. The builder is still active in the community.  He is Phil Morris.  Currently he has a multi-million dollar project about 3 minutes from the Cottages located right on Soldier’s Pass. Again, Phil Morris provides a quality product that a home owner can be proud of.

The Soldier’s Pass area of Sedona is one of the more pricey areas in Sedona. The average home price in Soldier Pass right now is over $1,650,000.  On the other hand, The Cottages At Coffeepot sit on some prime property at the very end of Soldier’s Pass and offer a more affordable alternative choice of living in a luxury setting.

June Coffeepot Cottages

Just 4 Minutes Away….

 

 The Soldier’s Pass Location Is 4 Minutes To Shopping & Dining

The location is far enough away from main highway traffic to relish the quiet solitude of nature.  Surrounded by pine and juniper trees, your Cottage is nestled deep into nature yet you can enjoy the peace of mind knowing you are located in a gated community that looks after it’s own.  

A recent study has shown that living within a mile of a Whole Foods or Trader Joe’s increases the value of your home. The Whole Foods of Sedona is right at the beginning of Soldiers Pass just 3 minutes away.  

Medical & Professional Services Are Just 4 Minutes Away

A question often asked is “How far are the medical facilities located?”  The intersection of Soldier’s Pass & SR 89A is the start of all the businesses located in Sedona.  Besides the Whole Foods at that corner, there are two banks, restaurants and professional services which include, doctors offices, eye care, dentist and lawyer’s offices as well as other professional services. Within 5 minutes of that corner are all the services you may possibly need.  If you need any specific questions answered please reach out to me through my cell phone or email.

Contact Sheri Sperry 


Buyers

Search Homes For Sale in Coffeepot Cottages –

– Soldier’s Pass – West Sedona AZ 86336

There are no Cottages for sale currently on market, no more than two of these special homes are usually available at any given time.

  More Information For Sedona Home or Cottage Buyers


Sellers

If You Are Selling Your Sedona Home or Cottage At Coffeepot

You can find a number of sites that will provide you with an ‘estimate‘ of what your home is worth.  These sites use public records and algorithms to determine an ‘estimate‘. They must also publish their ‘error rate’ as well. The human factor is left out of the equation in these estimates. I live in this community and can give you a more accurate estimate of what your home or town house will sell for.  This is what I do for a living.

Complimentary Comparative Market Analysis 

I am an expert in the Sedona market and the surrounding communities.  I also network with the top REALTORS® in the area. As a past-president of the Sedona Luxury Real Estate Professionals, I bring an added dimension to the luxury market. We meet every 2 weeks to discuss current market conditions and what the forward looking picture is indicating for the market.

National and even county-wide news sources are slow and do not accurately represent what is happening in the Sedona area. I contract with a National Research firm to provide you with COMPLIMENTARY, real-time up-to-date market reports and statistics showing homes and condos for sale in Sedona. These reports are updated every few days to keep you current on Sedona market conditions. This is a valuable tool for you that only I provide through quick website graphs or detailed reports you can get FREE in your email. Just select this link, “How is the market is doing?“.  You can subscribe to any report you need and it will be delivered to your email in-box on a weekly basis.  If you have any questions, feel free to call me.  I will walk you through it.

Also, monthly I provide you with a Market Report Analysis for each of the main zip codes and communities in the area which include: Sedona 86336, Village of Oak Creek 86351, Cornville/Page Springs 86325, and Cottonwood 86326.

More Information For Real Estate Sellers


Additional Pictures 

June Coffeepot cottages Homes for sale Soldiers Pass Sedona AZ

June coffeepot cottages market report and conditions

June coffeepot cottages market report and conditions Pool homes for sale

June coffeepot cottages market report and conditions

 Campfire coffeepot

 

How Coffeepot Rock Got The Name

A lot of the rock formations in Sedona are named after objects that they look like. Cathedra Rock, Thunder Mountain, Snoopy Rock, Chimney Rock and of course, Coffeepot Rock,just to name a few more visible formations. Some of these are iconic symbols for Sedona.

In the wild west, the cowboys on the range, would use a percolating type of coffeepot over their campfire or on their camp stoves to brew coffee. Many of you may recognize the shape that has a glass knob on the lid to detect the color of the coffee as it continues to brew. The pot was made of a tin.

This type of pot was used well into the 1960’s and may still be used today in some homes or for camping.

Native Americans saw a different figure. “Standing Eagle” was the name given to the rock. Look at the top picture which is the entrance to the gated community. Think of an eagle right before the eagle starts to lift from it’s perch and the wings are the rock formations directly behind the main formation where the coffeepot spout is the eagle’s beak,

West Sedona Arizona

May Sedona Condo and Townhouse Market Report – 2017 – It All About Inventory!

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How’s The Market Doing?

Condos & Townhouses For-Sale
Sedona Arizona 86336
May 2017 ~ Market Conditions & Analysis

Sedona condos & townhouses for sale

Learn More About Sedona Arizona 86336

Courtesy of Sheri Sperry ~ Coldwell Banker Residential Brokerage

May Sedona condo market Sheri Sperry Coldwell Banker Sedona Realtor

Your Solutions Realtor®

Check out the most current monthly reports in the Sedona Verde Valley at SedonaMarketReports.com

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Sedona Arizona 86336 Condos & Townhouses For-Sale

Report 05/29/17

May Sedona Condo Market Report

As you research the Sedona May condo & townhouses for sale and market report,

Sedona Information

Sedona 86336 is the heart of Sedona. There are two zip codes 86336 and 86351. These Market Reports will highlight 86336. In this zipcode, you will find the majority of the shopping, entertainment, restaurants, and lodging. It also includes a couple of 5 star resorts and the camping areas and mountain style living in the Oak Creek area heading toward Flagstaff. Sedona 86336 is basically areas such as the Chapel area, Uptown, West Sedona, the Airport Mesa area and Red Rock Loop. Our condos are located in the West Sedona area.


Supply and Demand – Sedona 86336 

 Condo & Townhouse Market Report

Sedona May Condo 86336 market conditions


*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona condos, townhouses, & homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)


Search Here – For Sedona & Verde Valley AZ Property By Category


Select this link (below) to search for Condos and Townhouses For Sale

There are 10 Sedona Condos and Townhouses for sale in Zip 86336

 


 Supply and Demand Charts – Sedona 86336 


May Sedona condo market conditions

Closed Stats for January through May

Sedona May Condo 86336 market conditions


Inventory

inventory –The inventory has hit new lows since 2016.  This low inventory has been like this for the entire 2017 season.  There are only 10 Condos available through all subdivisions and neighborhoods in Sedona proper (86336 zip code). 

Large Chart

Interactive chart will continue to show current market information

Buyer or Seller Market  (MAI)

The Market Action Index is showing a strong seller’s advantage at 39. Basically, buyers should take note of this and understand that because of the low inventory the seller may not be as willing to make concessions.  Also, Days on Market (DoM) are also dropping rapidly every month. Buyers should be ready to purchase or they may lose out on the sale. The “Push Pull” point for supply and demand is an MAI of 30. Above 30 is a seller’s market. 

Large Chart

 

Interactive chart will continue to show current market information

Bottom Line

The Sedona 86336 market is steady right now.  Even though the DOM is high, the inventory is very low. Many buyers are looking for the convenience of lock and go residences that are maintained by associations (HOA). 


SOLUTIONS FOR SELLERS

If you select Sheri Sperry, she will provide marketing

that most agents reserve for luxury homes only.  

Beside professional photography, – aerial pictures and video are included.

Our marketing materials are customized with you and your home or property in mind.

We ask the question. “What type of marketing will attract the right buyers?

Call Sheri for a custom listing presentation designed especially for you.

 

For more information and expert strategy analysis of your property

Contact Sheri Sperry – Coldwell Banker Residential Brokerage of Sedona – REALTOR®.

 

SOLUTIONS FOR BUYERS 

 

Complimentary Consultation over the phone or in person. 

 

You need a Master Certified Negotiations Expert –  MCNE® working for you!

 


Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

Sedona homes for sale

A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. The Market Report displayed is for condos & townhouses only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past & current statistics and other information. It is deemed reliable but not guaranteed.

 

Sedona AZ 86336 ~ May Market Report ~2017

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How’s The Market Doing?

Homes For-Sale
Sedona Arizona 86336
May 2017 ~ REAL TIME Market Report & Analysis

Sedona May Market Reports

Learn More About Sedona Arizona 86336

Courtesy of Sheri Sperry ~

Coldwell Banker Residential Brokerage 

Sheri Sperry Coldwell Banker Sedona Realtor Sedona May Market Report

Your Solutions Realtor®

Check out the most current monthly reports in the Sedona Verde Valley at SEDONAMARKETREPORTS.com

~ ~ ~


Sedona Arizona 86336 Homes For-Sale

Report 5/29/17

Sedona May Market Report

Sedona May Market REport

As you research the Sedona May Market Report and homes for-sale, these are real time charts that tell us “How the market is doing”. See the definition of Market Action Index (MAI) above. Altos Research uses a complex algorithm to provide the MAI.

Sedona Information

Sedona 86336 is the heart of Sedona. There are two zip codes 86336 and 86351. These Market Reports will highlight 86336. In this zip code, you will find the majority of the shopping, entertainment, restaurants, and lodging. It also includes a couple of 5 star resorts and the camping areas and mountain style living in the Oak Creek area heading toward Flagstaff. Sedona 86336 is basically areas such as the Chapel area, Uptown, West Sedona, the Airport Mesa area and Red Rock Loop.


Characteristics By Quartile

 

May ’17 – Sedona AZ 86336 Homes For Sale

 

Sedona May Market Report


To learn more about these market reports please visit:

The Market Stats on my website.
Reports are generated weekly on Mondays


SEARCH FOR ALL HOMES FOR SALE IN SEDONA


Select Links Below To See Sedona Single Family Homes In Each Price Range 

 

There are 42 Sedona homes for sale (currently) priced at $1 million and over (+2)

$700,000 to $999,999 returned 39 Sedona homes for sale –  (+2)

$495,000 to $699,999 returned 38 Sedona homes for sale – readjusted

$494,999 and under returned 35 Sedona homes for sale – readjusted


Supply and Demand – Sedona 86336 


Median Price

The Median Price has increased from $750,000 to $795,000. As you can see by the chart below, the quartiles are relatively stable. Look for a persistent shift (up or down) in the Market Action Index (MAI) before prices move from these current levels. The Top & bottom level show a slight increase.

Interactive chart below will continue to show current market information

Large Chart


Inventory

The Inventory has hit new lows for the year.   Historically, Spring starts the time many sellers put their homes on market. You can see that the inventory has finally started to shift upward. There are 4 additional homes on market in the past 4 weeks. Note – rising inventory alone does not signal a weakening market. Look at Market Action Index and Days on Market (DoM) to gauge whether buyer interest is keeping up with available supply. My quick look chart 

Interactive chart below will continue to show current market information

Large Chart


Days On Market

Days On Market – Trends continue to show a decline. With little inventory to pick from all homes are being looked at and offers are being made. New homes on market 4 weeks ago are gone! The DoM will come down because of new listings and old listings selling. The Luxury Market has shown the biggest decrease in DoM.

Interactive chart below will continue to show current market information


Large Chart


Market Action Index

The Market Action Index is mixed. 30 is the break even point between seller vs buyer advantage. It has dropped one tenth of a point in last 4 weeks.  If this continues, pricing may move to a strong seller advantage.  Only the top quartile is in the buyer zone. Typically the premium segment of the market takes longer to sell.

 

Interactive chart below will continue to show current market information

^^^

Large Chart

 

MAI or Market Action Index answers the question “Hows the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies a seller’s advantage. Below 30, conditions give the advantage to the buyer.

Bottom Line

Inventory is moving up slightly and DoM is dropping slightly. However, the Market Action Index implies some increased demand will temper the negative trends. Currently we are in the height of the Spring selling market. The median price has moved up $45,000 in the last 4 weeks. 

 

Luxury Market

The Sedona Luxury Real Estate Professionals which Sheri Sperry is a past-president of defines the Luxury Market as the top 10% of the listings available. The Luxury Market is measured using 86336, and 86351 zip codes. The price point is at $900,000 for the top 10% of the market. This figure is based on the last 6 month’s of sold listings. The top 10% of active listings (which is different from sold listings) continues to hold at $1,500,000. – This just gives you an idea of how the active market compares.

To learn more about these market reports please visit the Learning Center or visit Market Stats on my website.


To learn more about these market reports please visit:

 Visit Market Stats on my website or contact me with questions.
Reports are generated weekly on Mondays

*Please Note: As new listings hit the market and homes close or fall off, the number of Sedona homes for sale will fluctuate daily based on the Multiple Listing Service (MLS) detail. The local MLS for this area is Sedona Verde Valley Association of Realtors (SVVAR)

ABOUT ME: “Many buyers and sellers are skeptical about salespeople. So am I! But, I am not a typical salesperson. I put myself in your shoes and help you make decisions based on how I would want to proceed if I were you. In other words, what steps would I take and what is right for you? How will this transaction be beneficial for you? How will it help you move forward with your goals? How can I make it as smooth and pleasant as possible? What is in your best interests as we move forward?

Let’s face it, you won’t really know that I am not a typical salesperson until you get to know me. I am confident you will feel at ease and comfortable knowing I can find solutions for you. If you don’t feel that way, please let me know. I want to be the best I can for you.”

 

I am YOUR Solutions REALTOR®” ~ Sheri Sperry


Disclaimer: Listing information deemed reliable but not guaranteed – SVVAR Broker

Sedona homes for sale

A paid subscription service is provided by SellSedona.com and Altos Research to determine “How the active market is doing”. This Market Report is for single family residential only. No other housing segment is being analyzed. Analysis of Market Research and trends are based on opinion, experience, past & current statistics and other information. It is deemed reliable but not guaranteed.

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