Coldwell Banker First AffiliateLon Walters and Lynn Saul
Coldwell Banker First Affiliate
Sedona, AZ
928-451-2646
lynnsaul@comcast.net

Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Sedona. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 928-451-2646 begin_of_the_skype_highlighting              928-451-2646      end_of_the_skype_highlighting

Average Home Price $375,000 - View Graph Trend
Average Price Compared to Last Year Down 0-5%
Average Time on Market More than 120 days
Best Selling Price Range$350,000 - $399,000
Worst Selling Price Range$700,000 - $749,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Sedona isIncreasing
Seller Activity for the past 90 days in Sedona is?Increasing
Multiple Offers?Yes
Multiple Offers CommentaryIt occurs frequently enough to not be unusual.
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?10-15%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity Repeat Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Sedona!
Nearest Metro AreaPhoenix
Housing Hot SpotsMost cities within the Yavapai County area are considered ’Housing Hotspots’. Cottonwood has seen a lot of activity.
Average Sold Price $375,000 - View Graph Trend

Sedona Local News

Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

Click here for full article...
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Lon Walters and Lynn Saul
Lon Walters and Lynn Saul
     928-451-2646
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Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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Lon Walters and Lynn Saul
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Lon Walters and Lynn Saul
Coldwell Banker First Affiliate
Coldwell Banker First Affiliate

  928-451-2646




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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