Is it Time to Buy Vacant Land in Sedona?
By Elisa Andreis J.D.,
Russ Lyon Sotheby’s
International Realty of Sedona
Sedona AZ (June 29, 2013) - Vacant Land prices have dropped from a median high of $590,000 in 06 to $127,500 today. Put in another way, land today can be purchased at a 78% discount from the 2006 peak and at a 37.5% discount from 2003 levels.
Average prices rose 24% from a month ago. It will take a few more months of data through the summer to get confirmation of the uptrend. Read More→