Sedona and Verde Valley Real Estate 2017 in review

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RANDY CREWSE Arizona Prime Real Estate

Supply and demand were the key components driving the Verde Valley real estate market in 2017. Residential inventory has been on a downward trajectory for the last seven years while at the same time prices have been rising. Over the last four years residential inventory in the first part of January has been on a steady decline from 823 residential units for sale in January of 2015 to 587 units in January of 2018, that is a 29% reduction in residential inventory over that four-year period...

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