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Sedona Real EstateWhen it comes to choosing a new home, it is hard to beat all that Sedona has to offer. This bustling city with the small town feel has approximately 16,000 residents is loaded with amenities and good fortune, all of which contribute to an unbeatable lifestyle. The Sedona economy has seen steady growth over the past few years with the influx of tourism leading the way. Sedona has become the second most visited destination in Arizona after the Grand Canyon and it is not difficult to see why. Rand McNally has named the stretch of Highway 89A that runs through Sedona to Oak Creek Canyon as one of the "most beautiful drives" in America. Amazingly enough, the Sedona locals have managed to maintain the small town heart and charm that is so much a defining characteristic of the area. As to be expected, the increase in tourism numbers in the Sedona area has generated growth in the accompanying local economy. The retail and hospitality sectors have risen to the challenge and are providing first class accommodation and dining options throughout the city. Cozy Bed & Breakfasts and outstanding Hotels & Motels have blended discreetly into the natural setting of Sedona accommodating the rise in visitors. The local artists, culinary and otherwise have also risen to the challenge providing a level of quality and service rarely seen outside of a large metropolis. Combine these services with the holistic approach to life and culture and the Sedona locals have much to be proud of. With the increase in traffic to Sedona it is natural that the Real Estate market has seen growth in the popular condominium complexes. These complexes provide the security and comfort often looked for by retirees and winter visitors. These complexes and time shares are perfect for part time to full time residents as well as those visiting during particular seasons. However, the largest real estate growth market in Sedona has been the single family dwelling. Land remains relatively plentiful in the area and this offers Sedona newcomers the opportunity to design the new home of their dreams. Generally two bedroom homes run between $100,000 and $150,000 with $300,000 bringing you your choice of views and destinations. As with all hidden jewels though, real estate prices in Sedona are rising. The once unknown little city is becoming famous for its elite lifestyle and prices may continue to rise. Small price increases however should not deter would be Sedona locals. The regional developers and city council work hard to maintain that delicate balance between controlled and uncontrolled growth. Each resident of Sedona is acutely aware of the impact development has on their city and lifestyle and is committed to preserving the natural magic of the area.
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