Sedona Verde Life - Homes are selling quickly in 2016

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Sedona Verde Life - Homes are selling quickly in 2016

According to the National Association of Realtors’ (NAR) Existing Home Sales Report, homes were on market for an average of 58 days in December. This was slightly longer than the 54 days in November, but still better than the 66 days experienced in December 2014. 

32% of homes across the country were on the market for less than a month!

Colorado, Utah and Delaware led all states as homes are selling in 30 days or less on average. The map below was created using results from NAR’s Monthly Realtor Confidence Survey.

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Bottom Line

Buyer demand remains strong. The inventory of homes available for sale remains low.  Arizona is averaging 30-45 days on the market.  In the Sedona/ Verde Valley market it is the same.  A shortage of inventory has homes flying off the market. Could it be a seller's market? As we head toward spring and summer which is typically our busiest selling season, we could see the days on market even shorten more.  What does that mean if you are thinking of selling your home? Now could be an excellent time to sell. 

If you are thinking about listing your home for sale this year, let's get together to talk about how you can take advantage of current market conditions! We love what we do and would love to help you! Contact Beth and James Adams with Russ Lyon Sotheby's Intl. Realty. 


How buying or selling a home is like being in the Super Bowl

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How buying or selling a home is like being in the Super Bowl

How buying a home is like being in the Super Bowl. Just like the biggest game of the year, your real estate transaction, whether your buying a home or selling a home, can be your biggest transaction of the year. There is always a lot at stake, always 2 sides to the transaction, sometimes there may be a fumble or two, and hopefully there are stellar real estate agents representing the buyer and seller.

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3 Home Buyer Tips You Didn't Know

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3 Home Buyer Tips You Didn't Know

Are you thinking of buying a home? What is the first thing that we all do when we think about buying something new? Hop on the Internet and start searching! From shoes to cars to homes, the first place we go is online.  The Internet is a great wealth of information.  But before you spend hours online home shopping, here are a few things you need to do first!

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2 National Parks in the Verde Valley

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2 National Parks in the Verde Valley

Did you know we had not one but two National Parks in the Verde Valley?  That’s right! When you think Arizona and National Parks, everyone makes the jump to the Grand Canyon and rightly so. Pulling in 5 million visitors per year it is the go to Arizona National Park.  But we have 2 National Parks located right here in the Verde Valley! The Verde Valley is such a special and unique place and our amazing history is a big pull for visitors and residents alike.  Montezuma Castle National Monument and Tuzigoot National Monument are both ripe with local history and located on 2 of our beautiful water ways. 

Montezuma Castle National Monument

Montezuma Castle National Monument

Montezuma Castle National Monument is an 800 year old cliff dwelling nestled in the limestone cliffs just above wet Beaver Creek. Built by the Sinagua People it is an amazing testament to eingineering, ingenuity and survival.

Tuzigoot National Monument

Tuzigoot National Monument

Tuzigoot National Monutment was also built by the Sinagua people, and is an ancient hilltop pueblo that sits just above the Verde River.  Highlighting the culture and farming of these long-ago people Tuzigoot shows just how incredible this ancient way of life was.

Visit these Monuments for free on the National Park Service’s 99 year birthday on August 25th, 2015!