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Short Sale Listings in Sedona, AZ

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Living in Sedona, AZ

Sedona, AZ, is a picturesque city known for its red rock formations and vibrant arts scene. It offers a unique blend of outdoor activities, cultural experiences, and wellness opportunities for residents. With a strong community focus and beautiful landscapes, Sedona is perfect for those seeking tranquility and adventure.

Current Market Conditions in Sedona, AZ

The Sedona real estate market has shown significant growth in recent years, making it an attractive option for real estate investors. Property values have been steadily increasing due to high demand, fueled in part by Sedona's popularity as a tourism destination and a haven for those seeking a tranquil lifestyle in nature.

As opportunities for new developments and investment increase, the market trends suggest a continued appreciation in property values. Investors can expect a favorable environment with a range of investment options from single-family homes to luxury retreats catering to the tourism sector.

Home Value Estimator For Sedona, AZ

There are currently 12,102 real estate properties in Sedona, AZ, with a median automated valuation model (AVM) price of $820,631.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sedona, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sedona, AZ, is $974,632.00, with the most expensive house in Sedona, AZ, topping out at $17,963,800.00 and the cheapest home in Sedona, AZ, clocking in at $18,509.00. In other words, there’s something for every potential homebuyer or savvy investor in Sedona, AZ!

Rent Prices In Sedona, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sedona, AZ, is on a rollercoaster ride. The average rent price in Sedona, AZ, is $1,995.00. Indeed, when looking to rent in Sedona, AZ, you can expect to pay as little as $530.00 or as much as $5,740.00, with the average rent median estimated to be $1,970.00. The good news is that finding an affordable and desirable property to rent in Sedona, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Sedona, AZ Short Sale Listings


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