Another year gone, so let’s look at the statistics.
I ran the stats for 2015 against the closed out 2016 year end stats.
These stats are for ‘residential single family homes’, or homes that are not manufactured homes, mobile homes, condos or town homes but stand alone homes.
2015 –
408 homes sold
227 Days on market
$527,515 Average sales price
94% List to Sold Price
2016
424 homes sold
205 Days on market
$564,361 Average sales price
94% List to Sold Price
So we had about 6.5% in appreciation . That’s down from the 2014-2015 year range. We shifted from a buyers market with days on market over 200 days to a neutral market. We did see sales slow quite a bit in the fall leading up to the elections. We’ve seen that before in this and other markets regardless of who is running for office. December was busy though and we made up a lot of ground. That’s likely to show up in the 2017 stats for closings.
Monthly Home Sales Market Updates 1 minute Video
MLS market stats for Sedona. Always updated.
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