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Sedona Luxury Real Estate 2021

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realtorsedonaaz

It is important to research foreclosure homes for sale. You should not act on the first notice that a house is in default appears in the public notices. It's very common for homeowners not to pay their payments on time. This notification will be sent to the newspaper. It is important not to buy a house that is in foreclosure. You can either wait for the date to be fixed or wait for the house to sell at auction. You should always research the condition of your home and have an inspection performed by professionals to give you an accurate value and detail about the necessary repairs.


In 2021 we saw some changes to the luxury real estate market. Some things we have NEVER seen before.

First, for clarity’s-sake, what is a Sedona luxury home? They’re the homes that represent the top 5% – 10% of the market value. We have approximately 5,000 homes in Sedona, so that would be the top 500 homes.

In 2021, luxury home prices started at $2.5M – $3M and quickly went up from there. These are the homes that are constructed and finished with high-end materials, typically designed with uncommon architectural details and they have exceptional amenities.

In 2021, we saw something completely new. The luxury homes sold quickly. Exceptions to this with longer listing times were: aggressively overpriced luxury homes, $500K or $1M overpriced, and major problems (especially issues under the surface).


Luxury Real Estate In Sedona Az


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