Sedona Real Estate Market Conditions for Friday 5-13-11 Lucky 13 Price Reductions & Sedona Sort Sales in the Spotlight

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Real Estate Agent with RE/MAX Sedona ADRE#513161000
http://actvra.in/9QX

Sedona Real Estate Market Conditions for Friday 5-13-11

Friday the 13th turned out to be a lucky day for my seller of a West Sedona Short Sale, which closed Friday afternoon. The new buyers got lucky too: it was a great buy for $200,000 for an adorable remodeled home, half a block from a popular trail head. If you are a seller who is under water and looking to understand your options, please call Beth Larsen, CDPE at 928-284-2501. The consultation is free and confidential.*

Sedona Real Estate: New listings for Sedona for Friday started at $269,000 for a Sedona Short Sale Condo with 2 bedrooms, 2 1/2 baths and a fireplace in a popular West Sedona complex with a pool, on up to $664,000 for a 3 bedroom, 2 1/2 bath Sedona Home for sale in Oak Creek Canyon. My pick for today however is a Sedona Short Sale home in a desirable West Sedona neighborhood with cherry hardwood floors and upscale details, high ceilings and Red Rock views for $440,000. Sedona Vacant Land had a new listing in West Sedona as well, and $249,000 gets you a level easy-build 1/3 acre lot with very good Red Rock views.

Verde Valley Real Estate: New listings started at jsut $47,500 for a Rimrock AZ Foreclosure home for sale on almost 2 1/2 acres. This is a nice manufactured home with detatched garage and horses are permitted. The high end for the day was $79,900 for a Cornville AZ Foreclosure home. It is site-built and has two bedrooms, 2 baths, 2 car garage and a den.

Buyers got lucky with 13 price reductions spanning a wide range of price points and Sedona and Verde Valley locations, from just under $80,000 for a Cottonwood Short Sale home with 3 bedrooms, 2 baths and a fenced yard to under $712,000 (less than $131 per sq ft) for a sprawling one-level West Sedona Short Sale.

BUYERS: REQUEST A LIST OF ALL SEDONA & VERDE VALLEY SHORT SALES AND FORECLOSURES FOR SALE.

New Listings 12  
Back on Market 3  
Price Increases 0  
Price Reductions 13  
Active 14  
Active-Cont. Remove 2  
Pending-Take Backup 9  
Pending 2  
Sold 14  
Cancelled 0  
Expired 4  
Temp Off Market 1  

 

Presented By: Beth Larsen / RE/MAX Sedona Phone: 928-284-2501
Information is sourced from and based upon data from the Sedona Verde Valley Association of Realtors® (SVVAR) Multiple Listing Service. It is deemed reliable for sales reported to the association, but is not guaranteed, and is subject to change. Does not contain non-MLS sales data. Market area includes Sedona, Oak Creek Canyon, Uptown Sedona, West Sedona, Red Rock Loop, Chapel, Little Horse Park, Village of Oak Creek, Big Park, Cottonwood, Cornville, Verde Santa Fe, Clarkdale, Camp Verde, Lake Montezuma, Rimrock and Jerome Arizona.
Search the Sedona Verde Valley MLS

*Buyers and Sellers when dealing with Sedona Short Sales or Sedona Foreclosures, make sure your agent is experienced and has closed these types of sales before. Do they have special training? The CDPE (Certified Distressed Property Expert) designation is the most advanced training available for agents working with distressed properties. As is often the case in life, there are no guarantees, but you can greatly improve your results by working with an agent with a proven track record in closing Short Sales and Foreclosures. A Short Sale is not the best option for every seller, your circumstances are unique to you. Learn about ALL of your options. SELLERS: there is no charge for a consultation, and all brokerage fees are paid by the bank out of the proceeds at closing.

Required legal disclosure:

RE/MAX Sedona and Move2Sedona are not associated with the government and our services have not been approved by the government or your Lender. If you stop paying your mortgage you could lose your home and damage your credit. Your Lender may not agree to the change of your loan and/or a Short Sale.With a Short Sale, there are no guarantees offered and we cannot provide legal advice. Seek legal advice.

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Beth Larsen

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