Sedona Real Estate – December 2010

There’s no doubt that Sedona real estate buyers are getting great deals in the current marketplace – with home prices starting at $200k.  The most popular segment of the market is under $400k – and we’ve seen a major upswing in activity and a dip in inventory for these homes recently.  These prices reflect a serious shift in pricing and allow many more interested buyers to become Sedona homeowners.  Although distressed properties make up about 19% of our inventory of available homes, they account for almost 40% of sales.  So, you’re getting a good price, but there is probably a reason there’s a good price – so look closely.  Many homes in the lower price ranges will need some love (call your contractor or handyman) – so be prepared when purchasing these good deals.  Taking into account what it will cost to upgrade these homes they’re still a good deal – but be warned… they’re selling quicker now than any time in the last few years!!!  If you’re thinking of buying – search Sedona properties here!