Sedona AZ Real Estate
Representing Sedona Real Estate Buyers
Sedona real estate brokers

Sedona Arizona Real Estate : Call Toll Free
Search Sedona AZ Real Estate MLS Listings

Sedona AZ Real Estate - Best Buys

Sedona AZ Real Estate agents and brokers
 

Click to Call Sedona AZ Real Estate buyer brokers

Serious About Sedona AZ Real Estate?

Member of WHo's who in luxury real estate

Toll Free: 1-800-282-2959


Google

2009 in Historical Perspective

Sedona Area Market Statistics
(City of Sedona, Oak Creek Cyn, Red Rock Loop, Village of Oak Creek)
provided by
Roy E. Grimm, PhD. & SVVAR

 

Single Family Homes

# SOLD Jan-Dec. 1999: 461
Median Recorded Sales Price: $239,000
$/sq.ft: $124;

# SOLD Jan-Dec. 2000: 468
Median Recorded Sales Price: $256,000
$/sq.ft: $128;

# SOLD Jan-Dec. 2001: 498
Median Recorded Sales Price: $271,000
$/sq.ft: $138;

# SOLD Jan-Dec. 2002: 520
Median Recorded Sales Price: $301,000
$/sq.ft: $148;

# SOLD Jan-Dec. 2003: 599
Median Recorded Sales Price: $339,000
$/sq.ft: $168;

# SOLD Jan-Dec. 2004: 591
Median Recorded Sales Price: $420,000
$/sq.ft: $195;

# SOLD Jan-Dec. 2005: 582
Median Recorded Sales Price: $529,000
$/sq.ft: $248;

# SOLD Jan-Dec. 2006: 386
Median Recorded Sales Price: $590,000
$/sq.ft: $284;

# SOLD as of 31 Dec. 2007: 254
(Down 34% from 2006)
Median Recorded Sales Price: $557,500
$/sq.ft: $270

# SOLD as of 31 Dec. 2008: 227
(Down 11% from 2007)
Median Recorded Sales Price: $480,000
(Down 16% from 2007)
$/sq.ft: $233

 

# SOLD as of 31 Dec. 2009: 345
(Up 52% from 2008)
Median Recorded Sales Price: $398,000
(Down 17% from 2008)
$/sq.ft: $182


Includes
106 Foreclosures [aka, REO’s] (31%)
(MRSP: $312,500; $/Sq.ft: $144)
36 Short-sales (10%)
(MRSP: $345,000; $/Sq.ft: $163)
203 Non-REO’s/Short-sales (59%)
(MRSP: $455,000; $/Sq.ft: $205)

# ACTIVE (31 Dec.08): 459
(&. 532 in Oct. 08)

# ACTIVE (31 Dec.09): 338
Median List Price: $612,450 $/sq.ft:$235


Includes
23 REO’s ( 7 %)
(MLP $358,000; $/Sq.ft: $145)
16 Short-sales ( 5%)
(MLP: $367,450,000; $/Sq.ft: $208)

# PENDING: (31 Dec.08): 15
MLP: $479,900 $/sq.ft: $221

# PENDING: (31 Dec.09): 44
MLP: $440,000 $/sq.ft: $188

Includes
8 REO’s (18%)
20 Short-sales (45%)

   

2009 Quarterly Comparisons
(Single Family Homes)

1st Quarter 2009 – Sold: 50
(11% over ’08)
MRSP: $426,950
$/Sq.Ft.: $198

13 REO’s (26%)
(MRSP: $314,000; $/Sq.ft: $155)
5 Short-sales (10%)
(MRSP: $620,000; $/Sq.ft: $234)
*****

2nd Quarter 2009 – Sold: 96
(41% over ’08)
MRSP: $429,750
$/Sq.Ft.: $186

30 REO’s (31%)
(MRSP: $336,000; $/Sq.ft: $150)
8 Short-sales (7%)
(MRSP: $387,500; $/Sq.ft: $173)
*****

3rd Quarter 2009 – Sold: 103
(62% over ‘08)
MRSP: $384,500
$/Sq.Ft.: $186

31 REO’s (30%)
(MRSP: $326,000; $/Sq.ft: $137)
11 Short-sales (11%)
(MRSP: $285,000; $/Sq.ft: $140)
******

4th Quarter 2009 – Sold: 96
(81% over ‘08)
MRSP: $344,500
$/Sq.Ft.: $152

31 REO’s (33%)
(MRSP: $288,750; $/Sq.ft: $129)
11 Short-sales (12%)
(MRSP: $330,000; $/Sq.ft: $145)

1st Quarter 2008 – Sold: 45
MRSP: $537,000
$/Sq.Ft.: $262

REO’s & Short-sales not reported separately

2rd Quarter 2008 – Sold: 68
MRSP: $505,000
$/Sq.Ft.: $250

REO’s & Short-sales not reported

3rd Quarter 2008 – Sold: 63
MRSP: $494,000
$/Sq.Ft.: $230

6 REO’s (10%)
(MLP: $301,250; $/Sq.ft: $144)
1 Short-sale (1.6%)
(MLP: $425,000; $/Sq.ft: $192)
[REO data unreliable – reporting began sometime in 3rd Quarter]

4th Quarter 2008 – Sold: 53
MRSP: $395,000
$/Sq.Ft.: $182

11 REO’s (21%)
(MRSP: $285,000; $/Sq.ft: $166)
5 Short-sales (9%)
(MRSP: $325,000; $/Sq.ft: $163)

   

Luxury Homes ($1,000,000+)

# SOLD Jan-Dec. 1999: 5
MRSP: $1,220,000
Size: 4,825 sq. ft.; $/sq.ft: $253;

# SOLD Jan-Dec. 2000: 4
MRSP: $1,170,000
Size: 2,612 sq. ft.; $/sq.ft: $448;

# SOLD Jan-Dec. 2001: 14
MRSP: $1,250,000
Size: 4,478 sq. ft.; $/sq.ft: $279;

# SOLD Jan-Dec. 2002: 4
MRSP: $1,456,250
Size: 4,750 sq. ft.; $/sq.ft: $307;

# SOLD Jan-Dec. 2003: 23
MRSP: $1,400,000
Size: 4,612 sq. ft.; $/sq.ft: $303;

# SOLD Jan-Dec. 2004: 33
MRSP: $1,225,000
Size: 4,232 sq. ft.; $/sq.ft: $289;

# SOLD Jan-Dec. 2005: 52
MRSP: $1,250,000
Size: 3,826 sq. ft.; $/sq.ft: $327;

# SOLD Jan-Dec. 2006: 55
MRSP: $1,245,000
Size: 3,535 sq. ft.; $/sq.ft: $352;

# SOLD Jan-Dec. 2007: 42
(down 24% from 2006)
MRSP: $1,317,000
Size: 3,509 sq. ft.; $/sq.ft: $375

# SOLD Jan-Dec. 2008: 25
(down 43% from 2007)
MRSP: $1,290,000
Size: 3,765 sq. ft.; $/sq.ft: $343

 

 

 

 

 

# SOLD Jan-Dec. 2009: 19
(down 24% from 2008)
MRSP: $1,500,000
Size: 4,395 sq. ft.; $/sq.ft: $341

ACTIVE (31 Dec.08): 93
(vs. 121 on 1 July 08, down 23%)
MLP: $1,649,000
Size: 4,059 sq. ft.; $/sq.ft: $406

ACTIVE (31 Dec.09): 85
MLP: $1,600,000
Size: 4,059 sq. ft.; $/sq.ft: $394

PENDING (31 Dec. 08.): 2
MLP: $1,420,000
Size: 4,795 sq. ft.; $/sq.ft: $296

PENDING (31 Dec. 09): 1
MLP: $1,259,000
Size: 5,338 sq. ft.; $/sq.ft: $236

   

Condos/Townhomes

# SOLD Jan-Dec. 1999: 118
Median Recorded Sales Price: $146,000
Size: 1,322 sq. ft; $/sq.ft: $110

# SOLD Jan-Dec. 2000: 137
Median Recorded Sales Price: $159,000
Size: 1,322 sq. ft; $/sq.ft: $119;

# SOLD Jan-Dec. 2001: 124
Median Recorded Sales Price: $158,250
Size: 1,223 sq. ft; $/sq.ft: $129;

# SOLD Jan-Dec. 2002: 150
Median Recorded Sales Price: $177,250
Size: 1,163 sq. ft; $/sq.ft: $153;

# SOLD Jan-Dec. 2003: 154
Median Recorded Sales Price: $209,475
Size: 1,270 sq. ft; $/sq.ft: $165;

# SOLD Jan-Dec. 2004: 129
Median Recorded Sales Price: $279,000
Size: 1,325 sq. ft; $/sq.ft: $211;

# SOLD Jan-Dec. 2005: 111
Median Recorded Sales Price: $312,000
Size: 1176 sq. ft.; Price per sq.. ft: 265

# SOLD Jan-Dec. 2006: 86
Median Recorded Sales Price: $390,000
Size: 1,352 sq. ft; $/sq.ft: $288;

# SOLD Jan-Dec. 2007: 59
MRSP: $350,000
Size: 1,226 sq. ft.; $/sq.ft: $285

# SOLD Jan-Dec. 2008: 55
MRSP: $295,000
Size: 1,272 sq. ft.; $/sq.ft: $232

 

 

# SOLD Jan-Dec. 2009: 54
MRSP: $270,000
Size: 1,303 sq. ft.; $/sq.ft: $207

Includes
9 REO’s] (17%)
(MRSP: $209,000; $/Sq.ft: $167)
1 Short-sale (2%)
(MRSP: $202,000; $/Sq.ft: $152)

 

ACTIVE (31 Dec.08): 75
MRSP: $300,000
Size: 1,335 sq. ft.; $/sq.ft: $231;

PENDING (31 Dec.09) 7
MRSP: $239,000
Size: 1,207 sq. ft.; $/sq.ft: $198;

   

Vacant Residential Land

# SOLD Jan-Dec. 1999: 327
MRSP: $109,000;

# SOLD Jan-Dec. 2000: 418
MRSP: $140,000;

# SOLD Jan-Dec. 2001: 335
MRSP: $130,000;

# SOLD Jan-Dec. 2002: 381
MRSP: $145,000;

# SOLD Jan-Dec. 2003: 386
MRSP: $181,500;

# SOLD Jan-Dec. 2004: 428
MRSP: $225,000;

# SOLD Jan-Dec. 2005: 333
MRSP: $375,000;

# SOLD Jan-Dec. 2006: 115
MRSP: $519,000;

# SOLD Jan-Dec. 2007: 69
MRSP: $353,500

# SOLD Jan-Dec. 2008: 58
MRSP: $300,000

 

 

 

# SOLD Jan-Dec. 2009: 95
(up 64% from 2008))
MRSP: $135,000
(Down 55% from 2008))

ACTIVE (31 Dec.08): 446
MRSP: $369,000

ACTIVE (31 Dec.09): 335
MRSP: $319,000

PENDING (31 Dec.08): 1
MRSP: $124,000

PENDING (31 Dec.09): 7
MRSP: $180,000

   

2009 Area MRSP Comparisions for Single Family Homes Sales

City of Sedona: 181 sales
MRSP: $455,000
Median Size: 2,339 sq. ft.
$/Sq/ Ft.: $195

Village of Oak Creek: 154 sales
MRSP: $366,750
Median Size: 2,139 sq. ft.
$/Sq/ Ft.: $171
(12% differential w/City)

The Verde Valley: 522 sales
MRSP: $160,000
Median Size: 1,591 sq. ft.
$/Sq/ Ft.: $101
(93% differential w/Sedona)

 
  

FP2 Marketing and Website Design