Nestled in the central zone of Arizona is the red-rock haven of Sedona. This gorgeous city is located in the northern Verde Valley region, in Yavapai and Coconino counties. An absolutely extraordinary spot, residents enjoy an environment utterly apart from the mainstream.
Sedona, with its breath-taking formations of red sand-stone, is like a museum without walls. This fairytale-like city is enclosed by beloved red-rock monoliths with endearing names such as Coffeepot, Cathedral and Bell, and even Snoopy. Sedona also marks the mouth of Oak Creek Canyon, an impressive chasm that draws many visitors.
Currently, Sedona and the Village of Oak Creek offer a selection of the finest, newest residential communities in the United States. Not only do these communities boast inspiring, panoramic views, but they each have their own charming qualities. Some of these communities are hidden in cozy little canyons or hug the cliffs of Oak Creek, while others rest on high hills or spring up into rolling ridges. Some offer all sorts of entertainment options such as clubhouses, parks, hiking trails and resort-style pools, while other communities are simpler, offering maximum privacy. Real estate options consist of single-family homes, condominiums, townhouses and land for custom building.
Sedona Real Estate Market: Prices of Sedona, AZ Homes for Sale
Comfortable single-family homes in Sedona with stunning views start in the $300,000 range to upwards of $7 million. Condos and townhouses are also available for purchase in Sedona ranging from $110,000 to $910,000. Real estate investors also have the option of custom building properties out in Sedona as there are many opportunities to purchase land parcels within this community. Lot prices start as low as $75,000.
"Lynne Easterday : Your Property Expert Specializing in Sedona, Arizona"
Sedona Real Estate Stats and Trends for the week of January 27th, 2020: homes priced around $1,363,529 compared to $1,364,140 the previous week, for a slight decrease of less than -1%. For Monday, January 27th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.