This weekend wasn’t as busy as the Thanksgiving holiday weekend in the world of Sedona Real Estate, but we did see another half dozen properties go into escrow this AM. As of right now, there are 65 homes in escrow in Sedona and only 468 truly available residential properties. This is a major dip in our inventory of available homes – this number was approx 20% higher 24 months ago. It appears that we’re having a busy fall with many CASH buyers and some multiple offer situations on the best priced homes.
I can’t figure out why we tend to have so many CASH buyers at the end of every year, but if you have an idea – email me or write your comment below!