Sedona Real Estate Market Stats 2026

From Will’s Desk · May 2026

What I’m seeing in the Sedona market right now.

May was the loudest month we’ve seen in a while. Median sales price jumped from $988,750 to $1,162,500, up 17.6% in a single month. But here is the part most reports miss: median price per square foot DROPPED -4.1% (from $508 to $487). Translation: buyers spent significantly more total dollars but on substantially larger homes. The median home sold in May was 2,300 square feet, meaningfully bigger than April’s median.

This is the high-end investor pattern showing up in the data. The buyers writing the biggest checks right now are out-of-state tech executives and high earners targeting the December 31, 2026 bonus depreciation deadline. They are stretching for size, not pinching for cost-per-foot. If you are a seller in the $1.5M+ tier with a larger home, the market is finally finding you.

Volume tells the same story. 62 single-family homes closed in May, up from 47 in April. That is a 32% bump in transactions. The market is actively moving, just not the way the median headline price suggests.

One more pattern worth flagging: the market is bimodal. 56% of homes sold within 60 days. But 16% sat over 121 days. Priced-right homes are moving fast. Anchored sellers are sitting. Days on market is creeping up overall (48 to 55 median) because that 16% drags the number up.

I’m continuing to see strong investor activity. The bonus depreciation window closes December 31, 2026, and several of my clients are racing to acquire properties they can put into service before year-end. If you’ve been waiting, the math gets harder every month from here.