Sedona Arizona | The Six-Million Dollar Market

       Sedona, Arizona -  A resort real estate market barely alive....  But, gentlemen.   We have rebuilt her!    We had the technology and capability to build back with bionic strength Arizona's premiere resort and vacation destination.  Better than it was before.  Better, Stronger...and Friendlier than ever!
Resort towns typically offer the best of everything, and Sedona is no exception to the rule. Sedona truly has it all;  fine restaurants, unique shopping and galleries, posh spas and lavish resort accommodations, all surrounded by an exceptionally gorgeous, nearly surreal, desert setting.
       What was once a sleepy and seasonal tourist town, known only by locals and subscribers to Arizona Highways Magazine, Sedona AZ has slowly transformed into a world class resort & Spa destination and Sedona attracts tourists and new residents from all over the world. In fact, approximately 4 million tourists visit Sedona AZ annually.
        Before that, Sedona was nothing more than a collection of farms and ranches, which used the waters of Oak Creek to irrigate orchards and crops.     
       In the 30's and 40's, Sedona was introduced to the world by camera crews shooting Westerns against Sedona red rock backdrops and vistas and an Arizona star was born, as actors and actresses began buying properties in the area. While Westerns have faded from the radar, Sedona continues to be prominently featured in advertising and music videos. 
       Sedona is unquestionably the creative and cultural center of the Verde Valley, as well as all of Northern Arizona. An appreciation of art and the finer things in life is obvious as you drive through the streets of Sedona, reflected in the architecture, landscaping and sculpture all over the city. 
       Sedona, in addition to having notoriety as one of the West's premiere artist communities, Sedona also attracts outdoor enthusiasts of all walks.  Sedona is an extremely popular destination for mountain biking, hiking, and birding.
       City is not quite an appropriate word for Sedona, or for any of the Verde Valley’s communities for that matter. Only about 13, 500 residents live in Sedona (around 6,000 residents in the Village of Oak Creek), according to 2002 population estimates. 
       Real estate offerings in Sedona trend toward upscale and exquisite- pricing tends to be significantly higher here than any other Verde Valley community. This is, in part, due to the fact that Sedona is running out of vacant land left for development. 
       Completely surrounded by National Forest, State and BLM Lands, Sedona land offered for private sale is becoming a very scarce commodity. It is estimated that Sedona is more than 90% built out.  In fact, only about 17% of all land in Arizona is in private hands.  The remaining 83% is owned the the Forest Service, The State, or the Bureau of Land Management. 
       Though Sedona real estate price tags are higher than anywhere else the Verde Valley, the recent  housing crisis has made Sedona home prices far more attractive.  These prices are luring buyers back, who once thought Sedona was out of reach. 
      Give a call or e-mail us if we can help you with your relocation or second home in Sedona, Arizona!

Move to Sedona

Population
Total population 11,378
Male population 5,395
Female population 5,983
Median age 57.90
Median age (male) 57.80
Median age (female) 58.00
Marital status (Number of people who have the following marital status)
Never married 2,120
Married 6,072
Separated 266
Widowed 670
Divorced 1,626
Population by age
Under 15 890
Age 15 to 24 640
Ages 25 to 44 1,812
Ages 45 to 64 4,289
Age 65 and over 3,747
Population mobility
Live in the same house as 1 year ago 9,604
Moved from abroad 93
Moved from a different state 315
Moved from the same county 967
Moved from the same state 399
Population by poverty level
Above poverty level 10,402
Below poverty level (daily income under $1.90/day) 947
Employment
White collar 4,724
Blue collar 671
Class of worker
Self employed 1,358
Private company 3,218
Not for profit company 416
Government workers 403
Households
Total households 5,801
Family households 3,077
Non-family households 2,724
Households with children 743
Households without children 5,058
Average people per household 1.96
Education (Number of people who have achieved the following levels of education)
No high school 146
Some high school 1,980
Some college 2,555
Associate degree 814
Bachelors degree 2,730
Graduate degree 2,086
Income/Financial
Average household income $83,525
Median household income $55,114
Median income under 25 $0
Median income 25-44 $59,909
Median income 45-64 $54,595
Median income over 65 $53,536
Housing occupancy
Housing units 7,443
Occupied housing units 5,801
Owner occupied units 3,930
Renter occupied units 1,871
Median housing costs per month $1,146
Median gross rent per month $1,249
Housing by year built
Year built median 1984
Built before 1939 83
Built between 1940 and 1949 41
Built between 1950 and 1959 331
Built between 1960 and 1969 722
Built between 1970 and 1979 1,853
Built between 1980 and 1989 1,537
Built between 1990 and 1999 1,791
Built between 2000 and 2009 1,067
Built after 2010 18
Housing mortgage situation
Houses with mortgage 2,126
Houses without mortgage 1,804
Median value with mortgage $431,500
Median value without mortgage $417,600
Data on community demographi​cs provided by OnBoard LLC Copyright © OnBoard LLC. Informatio​n is deemed reliable but is not guaranteed​. All community demographi​cs data is for the year 2015 unless otherwise specified.​