• Average selling prices for all Sedona residential property (excluding condos) that sold during 2011 was $434,566 - decreased less than 1% compared with 2010 ($437,739.
• However, average prices remain 20% higher than 2002 ($348,779).
  
• Average Sale Price: 2011 $434,566 - Median price was $350,000
  Average Price/Square Foot: 2011 $173; 2010 $182; % Change -5%
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Luxury Market statistics for Sedona, AZ

• In Sedona's $1 Million plus luxury market the median price of sold homes during 2011 was $1.575M with 17 sales - and was $1.280M and increase of 23% compared with the same number of sales 2010, while the average price per square foot (probably a better measurement) increased approximately 15% ($295 psf in 2010 and $341 in 2011). While sales volume in this segment of the market has dropped back to 2003 levels, prices have generally continued to trend up, with the median price in 2011 15% higher than 2004.

Sub $500k Market in Sedona

• At the other end of Sedona's market (homes selling under $500,000) the number of transactions was exactly the same in 2010 and 2011, while the median price of homes sold dropped 3% from 2010.
  
• Average Sale Price 2011: $290,000; 2010 $300,888; % Change -3%
• Average Price/Square Foot: 2011 $147; 2010 $153 % Change -4%
• Inventory of available homes has decreased 7% from 468 total residential units 1 in 2010 compared to 435 in 2011.

Mid Market ($500k to $1M)

• Number of sales in the middle of the market decreased 19%.
  
• Average Sale Price 2011: $648,044; 2007 $640,000; % Change +1%
• Average Price/Square Foot: 2011 $195; 2010; $212; % Change; -8.0%
  
  
  
  
  ZIP Codes: 86336, 86351
  

All real estate agents on the list above are members of the Sedona Verde Valley Association of REALTORS®, which you may verify by clicking on their site. Find a Sedona REALTOR®, serving the entire Verde Valley area property market for homes in Northern Arizona.

• Buyers - Find the home (or lot) of your dreams surrounded by the Sedona’s red rocks.
  Use the MLS - Multiple Listing Service - Select a Sedona Homes Relocation Specialist.
  If you are looking for a Sedona Home, try a Sedona homes agent from the list.
  Search for homes in Sedona, West Sedona, Chapel Area, Red Rock Loop area, Big Park, Village of Oak Creek - VOCA, Oak Creek Canyon, Cornville, Clarkdale, Cottonwood, and Camp Verde.
  Call one of the real estate brokers listed above.
  
• Sellers - Get top dollar for your sale.
  For residential real estate agents selling a condo, condominium, cottage, duplex, fixer-upper, ranch, house, luxury home, townhouse, patio home, single-family reside