{"id":504,"date":"2011-11-04T17:49:54","date_gmt":"2011-11-04T17:49:54","guid":{"rendered":"http:\/\/174.36.202.1\/~sedonaho\/?p=504"},"modified":"2011-11-04T17:49:54","modified_gmt":"2011-11-04T17:49:54","slug":"sedona-real-estate-update-november-2011","status":"publish","type":"post","link":"https:\/\/sedonahomesandland.com\/sedona-real-estate-update-november-2011\/","title":{"rendered":"Sedona Real Estate Update \u2013 November 2011"},"content":{"rendered":"

Wow \u2013 the year is going quickly \u2013 before you know it the cold weather will set in (50\u2019s) and we\u2019ll be waiting for the first signs of spring.\u00a0 But let\u2019s not get ahead of ourselves here \u2013 we\u2019re in the middle of Autumn and town couldn\u2019t be more beautiful.\u00a0 The daytime temps have been in the 65-75 or so and nightime temps in the 40\u2019s.\u00a0 It\u2019s ideal weather to go for a hike or mountain bike ride \u2013 or just drive up to Orchards store in Oak Creek Canyon and pick up a half gallon of Organic Sweet Apple Cider from local orchards.\u00a0 I did this a week or so back after hitting West Fork Trail about 9 miles north of Uptown Sedona.\u00a0 The fall colors are AMAZING and there seem to be so many more reds and oranges this year than past years.\u00a0 Regardless, the fall scenery there is amazing and if you haven\u2019t been there yet, just wait and the colors along Oak Creek will be popping within the next week.\u00a0 It\u2019s a great time for a visit to Sedona.<\/span><\/h3>\n
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The real estate world is busy here in Sedona \u2013 we currently have 504 residential properties on the market with 55 of these already tied up with other buyers.\u00a0 There are only 204 residential properties within the city limits, the rest are in Oak Creek Canyon, The Village or off the Loop Road area.<\/p>\n

Distressed Properties<\/p>\n

There are only 19 foreclosed properties available in the entire Sedona area \u2013 and 4 are already tied up with a buyer \u2013 so that makes only 15 available Foreclosed Properties in Sedona.\u00a0 We\u2019re not innundated with foreclosed properties like other areas of the state \u2013 so don\u2019t expect plenty of availability in this segment of the market.\u00a0 There are however 40 short sale residences listed \u2013 and 13 of these are already spoken for.\u00a0 Most of these properties will sell as short sales \u2013 because banks have been getting easier to work with and are more accustomed to the procedures to make these deals work.<\/p>\n

409 homes have sold in Sedona to date \u2013 107 were foreclosed homes and 48 were short sales.\u00a0 In all \u2013 distressed properties make up less than 38% of our market \u2013 and this number is slightly lower than last year.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Wow \u2013 the year is going quickly \u2013 before you know it the cold weather will set in (50\u2019s) and we\u2019ll be waiting for the first signs of spring.\u00a0 But let\u2019s not get ahead of ourselves here \u2013 we\u2019re in the middle of Autumn and town couldn\u2019t be more beautiful.\u00a0 The daytime temps have been…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3941,3935,3939,3940,3936],"tags":[3945,3946,3937,3938],"_links":{"self":[{"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/posts\/504"}],"collection":[{"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/comments?post=504"}],"version-history":[{"count":0,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/posts\/504\/revisions"}],"wp:attachment":[{"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/media?parent=504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/categories?post=504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/tags?post=504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}