Sedona AZ 86336 ~ August Market Report ~ 2017

Sheri Sperry August 15, 2017

How’s The Market Doing?

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

The Sedona August Market Report - homes for sale with pools

Learn More About Sedona Arizona 86336

Courtesy of Sheri Sperry ~

Coldwell Banker Residential Brokerage 

Sheri Sperry Coldwell Banker Sedona Realtor Sedona August Market Report

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 Homes For-Sale

Report 8/14/17

Sedona August Market Report

sedona-august-market-report

As you research the Sedona August 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

 

August ’17 – Sedona AZ 86336 Homes For Sale

 

sedona-august-market-reports


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 AZ


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 (+1)

$700,000 to $999,999 returned 33 Sedona homes for sale –  (-7)

$495,000 to $699,999 returned 27 Sedona homes for sale – (-5)

$494,999 and under returned 32 Sedona homes for sale – (-4)


Supply and Demand – Sedona 86336 


Median Price

The Median Price is at $769,000.  As you can see by the chart below, the quartiles are inching upward but the top quartile 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. The inventory has started to trend downward once again.  Note – a continued downward trend may put an upward pressure on list price. 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 are mixed by quartile. With little inventory to pick from, all homes are seeing activity and offers are being made. New homes on market 4 weeks ago are gone! The DoM will come down because of new and old listings are selling. The Luxury Market has added 40 more DoM. The middle two quartiles have decreased by 37 days. The bottom tier is up by 43 days. 

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 declined 0.2 in 6 weeks .  If this continues, pricing will continue to be a strong seller advantage.  The top quartile is barely in the buyer zone and has been trending upward since April. Typically the premium segment of the market takes longer to sell. The other three quartiles are in the seller advantage zone. 

 

Interactive chart below will continue to show current market information

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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 down 15 homes, DoM is mixed and the Market Action Index is steady at 30. We have pushed through the height of the Spring selling market and now the summer market. The Fall market should be stronger than what we have seen this summer. Buyers and sellers should seriously evaluate their options now. The Sedona real estate market should continue to show strength for the seller

 

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 $930,000 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) has moved higher to $1,900,000. – This just gives you an idea of how the active market compares.


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To learn more about these market reports please visit SedonaMarketReports.com on my website or click on the MAP below for a quick look of each market. You can sign up for a weekly update right on the map by clicking the map marker

 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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