Sedona Real Estate Market September 2026: Buyers Gain Negotiating Room
By Damian Bruno and Danielle Giann — Damian and Danielle’s Sedona Village Real Estate Group, Coldwell Banker Realty
The Sedona real estate market in September 2026 showed a shift toward a more balanced environment, with several indicators giving buyers greater negotiating room. Lower asking prices, longer marketing times and a widening gap between price segments are making property-specific comparisons especially important.
For anyone considering buying or selling a home in Sedona or the Village of Oak Creek, September’s numbers offer a useful starting point. The strongest strategy depends on your neighborhood, property condition and price range.
September 2026 Sedona Housing Market at a Glance
| Market indicator | September 2026 |
|---|---|
| Median listing price | Approximately $1.1 million, down 7.22% year over year |
| Median listing price per square foot | $494 |
| Active listings | Approximately 302, down 6.25% from August |
| Median days on market | 101 days |
| Average sale price relative to asking | 1.64% below asking, approximately 98% of list price |
| Median sold price, single-family homes in 86336 | $1,190,000, versus $1.2 million in August; up 1.7% year over year |
| Listings with price reductions | Approximately 33% of active listings during the month |
The broad-market listing, inventory, marketing-time and negotiation figures match Realtor.com’s September Sedona report.
The $1,190,000 median sold price applies specifically to single-family homes in ZIP code 86336. It represents a different group of properties from the broader listing statistics, so these figures should not be compared as though they describe the same sample.
Are Sedona Home Prices Falling?
September’s figures show softer asking prices alongside relatively steady single-family sold prices in 86336. The median listing price declined 7.22% from a year earlier, while the 86336 single-family median sold price remained 1.7% above September 2025.
That distinction matters. Asking prices reflect homes available for purchase; sold prices reflect transactions that have closed. Both medians can also change as the mix of homes changes. A monthly median does not measure how much every individual property has gained or lost in value.
For sellers, recent comparable sales and current competition provide a more useful pricing guide than a market-wide headline.
Is Sedona Becoming a Buyer’s Market?
September’s market data show Sedona maintaining more than five months of supply for three consecutive months. Months of supply estimates how long available inventory would last at the measured sales pace.
Around four to six months is commonly considered a balanced market, with higher supply generally giving buyers more leverage. Five-plus months therefore supports the picture of a market moving toward balance, rather than establishing a buyer’s market by itself.
Realtor.com classified its reported Sedona market as a buyer’s market for September. Conditions still vary considerably by property and price range.
Although active listings declined from August, inventory alone does not determine market strength. The relationship between available homes and the pace of sales matters.
Sedona Luxury Real Estate Has Different Supply Conditions
September’s segmentation shows why one market label cannot describe every Sedona home.
Homes priced below $1.5 million had approximately four to six months of supply. Properties above $2.5 million exceeded 30 months of supply.
That substantial difference suggests greater competition among sellers in the highest price tier. Luxury buyers may have more time to compare properties and discuss terms, while sellers need pricing and presentation that clearly explain their home’s value.
Thirty months of supply is a market absorption measure, not a prediction that any particular home will take 30 months to sell. Small numbers of luxury transactions can also make this measure fluctuate.
Village of Oak Creek Real Estate Offers Another Price Point
The Village of Oak Creek, ZIP code 86351, remains an important option for buyers comparing Sedona-area homes.
September’s supplied market comparison places Village of Oak Creek pricing approximately 30% to 40% below 86336 on a per-square-foot basis. This makes it worth including in a search when buyers want to explore different price points.
The difference is a broad comparison, not a guaranteed discount on equivalent homes. Views, age, updates, lot size and neighborhood all affect value. Comparing similar properties helps buyers understand what their budget can purchase in each area.
Sedona Condos and Townhomes Remain Active
Condos and townhomes continued to see activity in the $450,000 to $650,000 range, with updated West Sedona units moving fastest within the supplied segment data.
For sellers in this category, condition and pricing deserve close attention. Buyers should also compare HOA fees, maintenance responsibilities and community rules alongside the purchase price.
What September’s Market Means for Buyers and Sellers
For buyers: Longer marketing times and price reductions provide reasons to investigate a property’s history and comparable sales. A reduction may create an opening for discussion, but the reported average discount is not a promised discount on any individual home.
For sellers: Price against both recent closings and the homes buyers can choose today. Preparation, professional photography and clear marketing help buyers assess value. Monitoring showings and feedback can reveal when an adjustment is needed.
Get a Local Sedona Market Analysis
Whether you are exploring Sedona homes for sale, considering Village of Oak Creek real estate or preparing to list a luxury property, neighborhood-level information can make your next decision clearer.
We can help you compare recent sales, competing listings and conditions in your price range.
Contact Damian Bruno and Danielle Giann with Damian and Danielle’s Sedona Village Real Estate Group at Coldwell Banker Realty.
Visit SedonaRealEstateAgents.com, or email Damian at DamianBruno.coldwellbanker@yahoo.com or Danielle at Daniellegiann.coldwellbanker@yahoo.com.
