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 11,694
Male population 5,579
Female population 6,115
Median age 59.40
Median age (male) 60.20
Median age (female) 58.20
Marital status (Number of people who have the following marital status)
Never married 2,236
Married 6,327
Separated 178
Widowed 696
Divorced 1,700
Population by age
Under 15 735
Age 15 to 24 622
Ages 25 to 44 1,955
Ages 45 to 64 4,195
Age 65 and over 4,187
Population mobility
Live in the same house as 1 year ago 9,964
Moved from abroad 200
Moved from a different state 352
Moved from the same county 728
Moved from the same state 446
Population by poverty level
Above poverty level 10,333
Below poverty level (daily income under $1.90/day) 1,326
Employment
White collar 4,544
Blue collar 581
Class of worker
Self employed 1,479
Private company 2,824
Not for profit company 374
Government workers 448
Households
Total households 6,039
Family households 3,296
Non-family households 2,743
Households with children 703
Households without children 5,336
Average people per household 1.93
Education (Number of people who have achieved the following levels of education)
No high school 238
Some high school 2,220
Some college 3,295
Associate degree 954
Bachelors degree 2,648
Graduate degree 2,142
Income/Financial
Average household income $79,067
Median household income $57,364
Median income under 25 $0
Median income 25-44 $48,661
Median income 45-64 $64,792
Median income over 65 $56,598
Housing occupancy
Housing units 7,729
Occupied housing units 6,039
Owner occupied units 4,439
Renter occupied units 1,600
Median housing costs per month $1,156
Median gross rent per month $1,175
Housing by year built
Year built median 1984
Built before 1939 70
Built between 1940 and 1949 149
Built between 1950 and 1959 484
Built between 1960 and 1969 666
Built between 1970 and 1979 1,782
Built between 1980 and 1989 1,601
Built between 1990 and 1999 1,927
Built between 2000 and 2009 935
Built after 2010 115
Housing mortgage situation
Houses with mortgage 2,402
Houses without mortgage 2,037
Median value with mortgage $406,700
Median value without mortgage $460,500
Demographic data shown in this section was gathered from the 2017 American Community Survey and is deemed reliable but is not guaranteed. No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.