Sedona Sales Charts

TOTAL UNITS SOLD

This indicates pure numbers sold, and is not related to price. “Homes” include site-built single family dwellings, condominiums, and mobile homes. The trend is up for homes and lots in dollar volume, but down in total numbers. For site-built, single family dwellings, there was an decrease of 41 less homes sold in 2005 over 2004, a 9% decrease, slowing the dramatic upward trend we’ve had over the last five years. The year of 2005 was not kind to lot sales, down 22% over last year’s good showing. As a side note, lot sales under $200,000 are almost non-existent now as fewer are on the market and significant appreciation sets in.

MULTIPLE LISTING VOLUME IN DOLLARS

This is certainly a happy story for 2005. Total sales figures were very strong, especially in the “homes” sector. Total MLS volume in dollars was up over $120 million over last year a 26% rise. Sedona is still looking exceptionally strong with a good market and very bright future. The overall trend is, clearly, upward. This is not unexpected, since the number of properties available is limited. Complete build out of Sedona is still expected to be in the year 2017; however at the current rate of building, it may come earlier.

Average transaction value for homes was up again last year to well over $400,000. The typical market time, in virtually all categories of homes is down slightly.

“The Lon Walters’ Team” 2004 Real Estate Roundup Source: Multiple Listing Service of the SVVA

The Lon Walters Team
1835 W. Hwy 89A, Suite 2
Sedona, AZ. 86336
(928) 282-7740 Local Line
(800) 955-2231 Toll Free
(928) 282-4658 Fax

Email: lon@sedona.net
Home Page: www.sedonahomes.net