{"id":513,"date":"2011-05-13T17:56:20","date_gmt":"2011-05-13T17:56:20","guid":{"rendered":"http:\/\/174.36.202.1\/~sedonaho\/?p=513"},"modified":"2011-05-13T17:56:20","modified_gmt":"2011-05-13T17:56:20","slug":"may-2011-sedona-real-estate-update","status":"publish","type":"post","link":"https:\/\/sedonahomesandland.com\/may-2011-sedona-real-estate-update\/","title":{"rendered":"May 2011 Sedona Real Estate Update"},"content":{"rendered":"<h3 id=\"post-56\"><span class=\"Apple-style-span\" style=\"font-size: 13px; font-weight: normal;\">80 degrees and clear blue skies\u2026 check.\u00a0 Must be spring in Sedona.\u00a0 The weather\u2019s been great and buyers are in town taking advantage of the deals to be had.\u00a0 We\u2019re actually a little behind last year in total sales numbers and volume (approx 10% off) but the activity level seems to be holding strong.<\/span><\/h3>\n<div>\n<p>527 residential listings currently on the market \u2013 which represents a 21% decrease in the number of available homes in Sedona over the past two years.\u00a0 This significant drop in the number of available homes will prove to be the first step in a long recovery for Sedona property sales.\u00a0 Of the current 527 places on the market, 70 of these are already tied up with a buyer in place \u2013 so there are really only 457 homes on the market actively for sale.<\/p>\n<p>Distressed properties \u2013 Sedona foreclosures and short sales \u2013 still make up about\u00a0 15% (down from the past average of 18%) of our currently available inventory of homes and account for 42% of sales in the last 6 months.\u00a0 100 sales of the last 235 were either foreclosures or short sales.<\/p>\n<p>Recent sales statistics show the average home in Sedona was listed at $440k and sold for $406k\u2026 and took 279 days to sell.<\/p>\n<p>I hope this helps those of you looking to buy or sell a home in Sedona \u2013 if you need assistance please call or email me<\/p>\n<p>rick@sedona.net<\/p>\n<p>982-340-5012<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>80 degrees and clear blue skies\u2026 check.\u00a0 Must be spring in Sedona.\u00a0 The weather\u2019s been great and buyers are in town taking advantage of the deals to be had.\u00a0 We\u2019re actually a little behind last year in total sales numbers and volume (approx 10% off) but the activity level seems to be holding strong. 527&hellip;<\/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":[3945,3937,3938],"_links":{"self":[{"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/posts\/513"}],"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=513"}],"version-history":[{"count":0,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/posts\/513\/revisions"}],"wp:attachment":[{"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/media?parent=513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/categories?post=513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sedonahomesandland.com\/wp-json\/wp\/v2\/tags?post=513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}