Sedona Real Estate: Active Listings
This graph shows that we are down 25% of our inventory of homes over the past 4 years. We’ve seen a recent rise in listings due to a variety of factors – but mostly caused by homeowners that had been waiting for prices to start rising. Thinning of inventory was the first step to recovery, now we’re seeing firming up prices, and the current price increases follow are next in the natural progression. It’s a cyclical market! Regardless, it’s good for sellers with less properties from which to choose. The overall decrease in listings means that there are less homes and lots on the market to choose from, and if you’re a seller it means that you have less competition than before!!!