Property prices for sale in Sedona (Arizona)
The prices in real estate in Sedona, in the Arizona region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Sedona has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $5,259. In the following month the price per sq.feet decreased considerably to $1,607. The price for the following two months in (December, January) had a considerable decrease of 23 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 28 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2,110.25 to $583.5 during February, and March.
Based upon to the price in Sedona (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,303,739. In November This price remains at $1,292,906. During the following two months (December, January) the price has had an average incrementation from $1,298,322.5 to $1,413,277. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,317,629 they are 66 % more affordable than the average price for Sedona. The properties with the highest average price have 4 bedrooms, Their price is 58 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,239,641.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $465 / sq.feet, with an average $584 / sq.feet price in Sedona. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 4 bedrooms with a price at $571 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,317,629 it is 64 % cheaper than the average price in Sedona. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $802,293 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $374 / sq.feet followed by "Townhouse" priced at $448 / sq.feet. "Land" is the most costly type of property with a $323,297 / sq.feet cost followed by "House" with an average price of $588 / sq.feet.
