Sedona Real Estate is Blooming
The birds are chirping (or the flowers are blooming), the javelinas are having babies, and Sedona’s evergreen landscape is beginning to flourish as we head into spring and out of the doldrums of winter. Sedona’s housing market is also heating up after a relatively slow and grim winter that consisted of low sales volume and rising housing inventory, but in just the past few weeks we have seen a dramatic shift and increased optimism in our local market.
Thus far, sales volume has stabilized after a slow winter and there is essentially the same number of year-over-year single family home sales (78 in 2024 and 79 in 2025). The average price per square foot increased slightly to $520/square foot in 2025 versus $502/square foot in 2024. The Sedona market has also had a significant uptick in housing inventory with 171 active homes on the market in 2025 compared to 148 active homes on the market in 2024 (a 15.5% increase in inventory). We are nearly reaching prepandemic Q1 active housing inventory numbers: there were 180 active listings in 2018, 190 active listings in 2019, and 164 active listings in 2020. Returning to “normal” inventory levels, as opposed to the scarcity of the pandemic years, is a healthy sign for the Sedona real estate market.
The bountiful good news continues, as the number of pending homes (homes going under contract) is 48% greater this year than in 2024. This fact is likely the strongest indicator that our sluggish market has been jumpstarted as consumer sentiment seems to be improving.
The best news yet is the condo/townhome market has shown great signs of improvement after the past few years of declining pricing and sales volume. There have been a total of 21 condo sales in Q1 of 2025 compared to a meager 15 in Q1 of 2024; this is a 40% increase in sales volume for the condo/townhome market. In addition, the median recorded sales price (MRSP) has increased 19% year over year with the current MRSP hovering at $625,000. It is important to note, however, that we do have a small data set in Sedona, and included in that data set are three sales over $1,000,000 (two condo/townhome sales in Seven Canyons and one sale in The Ridge). Context is important.
Notwithstanding the vacant land market, Sedona real estate appears to be on a steady path into spring, with opportunities for buyers and sellers alike.
