How’s The Market Doing?
Condos & Townhouses For-Sale
Sedona Arizona 86336
Final 2017 ~ Market Conditions & Analysis
Learn More About Sedona Arizona 86336
Courtesy of Sheri Sperry ~ Coldwell Banker Residential Brokerage
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
Final Sedona Condo-Townhouse Market Report
As you research the Final 2017 Sedona condo & townhouses for sale and market report, this is a comprehensive report. For additional information about a particular condo or townhouse, reach out for Sheri Sperry.
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.
2016 / 2017 – CLOSED STATS – Condo-Townhouse Comparison
Sedona 86336
*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 for Sedona Condos and Townhouses for sale in Zip 86336
Active Listings (below) as of 1/17/2018 – The link above has all current listings for Condos/Townhomes in 86336
NOTE: The top 6 listings are luxury townhouses in Seven Canyons Resort in Boynton Canyon. Construction on some are just getting underway. The averages will be skewed because of these listings.
Supply and Demand Charts – Sedona 86336
Inventory
Inventory –The inventory hit new lows in May of 2017. As of this report there are 11 Condos available through all subdivisions and neighborhoods in Sedona proper (86336 zip code).
Interactive chart will continue to show current market information
Buyer or Seller Market (MAI)
The Market Action Index is showing has shown a downward trend because the inventory has increased. However actual inventory is still low for this zip code. 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, scrutinize the Days on Market (DoM). The higher the number, the buyers negotiation power will increase in most cases. 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. The breakeven point is around 6 to 7 months supply of homes (condos) on the market.
Interactive chart will continue to show current market information
Bottom Line
The lack of inventory and higher single family home prices is putting upward pressure on the condo market. Many buyers are looking for the convenience of lock and go residences that are maintained by associations (HOA) at a reasonable price. Sellers have the edge in the market. Prices should continue to rise so be ready to make a purchase with little to no discount off the sales price.
Search Here – For Sedona & Verde Valley AZ Property 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 – Coldwell Banker Residential Brokerage of Sedona – REALTOR®.
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
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. Stats are current as of the day of the report and are gathered from the SVVAR MLS. (Sedona Verde Valley Association of Realtors®
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