Real Estate Information Archive

4/22/17 – 4/22/18 (Sedona): Total Closed Sales: Up 12% from 205 to 232, over this same time last year. Median Recorded Sale Price: Up 12% from $467,500 to $530K, over this same time last year. Price Per Square Foot: Up 3% from $246 / sq. foot to $254 / sq. foot, over this same time last year. Days On Market: The one category we don’t mind seeing a drop…The average days on market was down 9%, from 158-days on market, to 145-days on the market for the average sale, over this same time last year.

4/22/17 – 4/22/18 (Cottonwood): Total Closed Sales: Up 8% from 334 to 361, over this same time last year. Median Recorded Sale Price: Up 14% from $201K to $229,900, over this same time last year. Price Per Square Foot: Up 10% from $135 / sq. foot to $148 / sq. foot, over this same time last year. Days On Market: We are seeing a 6% increase in the time a house sits on the market, from 108 days on average to 114, over this same time last year.

It is still a great time for a Seller to come on the market if they are thinking about selling their home.  Inventory remains low and Buyer demand for "the next best thing" remains very high.  If you price your home right, we are seeing multiple offers and offers going well over asking price.  If you or someone you know are thinking about selling, please don't hesitate to contact us for a free, no obligation MAP Review, which is our complimentary Marketing and Pricing Review we will do for you to help you understand how we would market your home and where you would be in today's marketplace. 

We are here to help! 

"One Call Gets Us All!"

3/17/17 – 3/17/18 (Sedona):

Total Closed Sales: Up 19% from 186 to 221 from this time last year, and up 6% from Dec. ‘17

Median Recorded Sale Price: Up 7% from $490K to $523,500 from this time last year, and up 1% from Dec. ‘17

Price Per Square Foot: Up 1% from 248 to 251 from this time last year, and up 1% from Dec. ‘17

Days On Market: No change; stayed at an average of 147 days. However, this figure is up slightly, 2%, from Dec. ‘17

3/17/17 – 3/17/18 (Cottonwood):

Total Closed Sales: Up 5% from 325 to 342 from this time last year, and up 3% from Dec. ‘17

Median Recorded Sale Price: Up 12% from $200K to $223K from this time last year. However, this is a slight dip from Dec. ’17, down about 1%

Price Per Square Foot: Up 9% from 134 to 146 from this time last year, and up 2% from Dec. ‘17

Days On Market: We are seeing a 10% increase in the time a house sits on the market, from 107 days on average to 118, and up 1% from what we were seeing in Dec. ‘17

Market Stats Update for December:

SEDONA:

Total Closed Sales: Up 15% from 181 to 209 (over the same time period last year). However, it is down slightly from 215 which we saw last month.

Median Recorded Sales Price: Up 9% from $475K to $519K (over the same time period last year). This is about a 1% gain from this time last month.

Price Per Square Foot: Up 4% from $238 / sq. foot to $248 / sq. foot. No change from this time last month.

Days On Market: Down 8% from 157 to 144 (over this same time period last year).

COTTONWOOD:

Total Closed Sales: Up 4% from 321 to 333 (over this same time period last year). As we saw with Sedona, this figure is also slightly down from the 340 we saw last month.

Median Recorded Sales Price: Up 14% from $197,250 to $225,000 (over this same time period last year). No change from this time last month.

Price Per Square Foot: Up 9% from 131 to 143 (over this same time period last year). No change from this time last month.

Days On Market: This has crept up slightly over this time last year by about 9%, from an average sale taking 110 days last year, to about 117 days current day.

With a continued low inventory driving the prices, we are still in a Seller's market.

If you would like a brief, no obligation Marketing Strategy Review, please feel free to contact us, we are here to help; team is what it takes!

"One Call Gets Us All!"

From our family to yours, we wish you a blessed holiday season and hope that all your holiday wishes come true!