June Market Conditions Chapel Area – Sedona AZ
Chapel In The Rocks – Chapel of the Holy Cross
Courtesy of
Chapel Area – Sub-divisions of Sedona Arizona 86336
As 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 
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.
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
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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.
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Contact Sheri Sperry ReMax Sedona.
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