The Chapel Area is where the Sedona real estate market gets serious about views.
Cathedral Rock and Bell Rock don’t just appear in the distance here. They frame the main living spaces of the homes. They’re in the sightline when you drink your coffee in the morning. The people who buy in this corridor aren’t looking for a nice house in a nice location. They’re buying the most specific, most extraordinary landscape in Arizona.
That specificity defines how this market behaves.
A Quick Look at the Numbers
Active Listings
In July 2024, there were 22 active listings in the Chapel Area of Sedona, down from 25 in June 2024, a month-over-month decrease of 12%. Compared to July 2023, which had 16 active listings, this represents a year-over-year increase of 37.5%.
Year-to-date through July 2024, there were 180 active listings, compared to 108 for the same period in 2023, a YTD increase of 66.7%. More properties available than the prior year, though the absolute number of active listings remained small by any broader market comparison.
New Listings
There were 2 new listings in July 2024, up from 0 in June 2024. Compared to July 2023, which also had 2 new listings, there was no year-over-year change.
Year-to-date new listings for 2024 were 39, compared to 28 in 2023, a YTD increase of 39.3%. More sellers came to market in the Chapel Area in 2024 than the year prior.
Pending Listings
Pending listings held at 4 in July 2024, unchanged from June 2024. Compared to July 2023, which had 3 pending listings, this is a year-over-year increase of 33.3%.
Year-to-date pending listings for 2024 were 31, up from 22 in 2023, a YTD increase of 40.9%.
Closed Sales
July 2024 recorded 4 sold listings, unchanged from June 2024. Compared to July 2023, which also had 4 sold listings, there was no year-over-year change.
Year-to-date sold listings for 2024 were 30, compared to 22 in 2023, a YTD increase of 36.4%. More transactions closed in the Chapel Area through mid-2024 than in the prior year.
Average List Price (Active)
The average list price for active Chapel Area listings was $2,172,763 in July 2024, up from $2,065,131 in June 2024, a month-over-month increase of 5.2%. Compared to July 2023, when the average list price was $1,666,798, this represents a year-over-year increase of 30.4%.
The Chapel Area’s listed price profile rose substantially year-over-year. Sellers were testing higher values. Some of them were achieving them.
Average Sale Price
The average sale price for sold properties was $1,371,000 in July 2024, up from $1,079,417 in June 2024, a month-over-month increase of 27%. Compared to July 2023, with an average of $1,676,750, this represents a year-over-year decrease of 18.2%.
Year-to-date, the average sale price for 2024 was $892,035, compared to $969,125 in 2023, a YTD decrease of 8%.
The mix effect matters here. Chapel Area sales in 2024 included more mid-range transactions alongside the high-end closes. That mix pulled the average down without indicating a decline in top-end values.
Days on Market
Sold properties averaged 154 days on market in July 2024, up from 140 days in June 2024, a month-over-month increase of 10%. Compared to July 2023, which averaged 133 days, this represents a year-over-year increase of 15.8%.
Year-to-date average days on market for 2024 were 637 days, down from 749 days in 2023, a YTD improvement of 14.9%.
The Chapel Area takes time. Buyers who purchase here are deliberate. Days on market in this corridor are measured in months, not weeks.
What the Chapel Area Market Was Telling Us in 2024
The Chapel Area of Sedona, Arizona in 2024 was an active market beneath a quiet surface. More transactions through the first half of the year than 2023. More sellers coming to market. List prices running 30% higher year-over-year.
The market rewarded patience. Buyers who found the right property and waited for pricing clarity were finding opportunities. Sellers who priced at aggressive levels and waited were finding longer timelines.
For a neighborhood where the average list price ran above $2 million through mid-2024, a days-on-market figure in the hundreds is not unusual. It’s the nature of a market where the buyer pool is small, the product is irreplaceable, and the decision is among the most significant financial commitments a buyer will make.
The Chapel Area Today
The Chapel Area remains Sedona’s most sought-after luxury corridor in 2025. Sub-communities like Cathedral View, Sun Up Ranch, Back-O-Beyond, and Mystic Hills continue to attract buyers from major metros who have done their research and know exactly what they’re looking for.
Active inventory remains limited. The buyers who found their property in the Chapel Area, Sedona, Arizona in 2024 are now watching a tighter market and higher average prices on new listings.
Frequently Asked Questions: Chapel Area Real Estate in Sedona
What is the Chapel Area in Sedona, Arizona?
The Chapel Area, also known as Little Horse Park, is Sedona’s primary luxury real estate corridor with direct views of Cathedral Rock and Bell Rock. Sub-communities include Cathedral View, Sun Up Ranch, Back-O-Beyond, Mystic Hills, Indian Cliffs, and Chapel Hills. It is consistently Sedona’s highest-priced and most sought-after residential area. Explore the Chapel Area neighborhood page here.
What is the average home price in the Chapel Area?
The average list price for active Chapel Area listings ran above $2 million through mid-2024. Entry-level homes in Chapel Area sub-communities start around $900,000, while premium view properties on large lots in Back-O-Beyond trade from $2.5 million to $5 million and above.
Why does the Chapel Area command premium prices in Sedona?
The Chapel Area commands premium prices because of three factors that cannot be replicated elsewhere in Sedona, Arizona. First, direct, unobstructed views of Cathedral Rock and Bell Rock from main living spaces. Second, proximity to the Chapel of the Holy Cross. Third, adjacency to protected National Forest and BLM land that ensures view protection and permanent open space. Read more about Sedona’s best red rock views here.
How long does it take to sell a home in the Chapel Area?
The Chapel Area has the longest average days on market of any Sedona neighborhood. In 2024, sold properties averaged 154 days on market in July, with a year-to-date average of 637 days. Well-priced properties with exceptional views sell faster. Overpriced properties can sit significantly longer.
What neighborhoods are in the Chapel Area?
The Chapel Area encompasses Cathedral View, Sun Up Ranch, Back-O-Beyond, Mystic Hills, Indian Cliffs, Chapel Hills, and Chapel Bells Estates, each with its own character and price point within Sedona’s premier luxury corridor.
Is the Chapel Area good for second-home buyers?
The Chapel Area is one of the most popular destinations for second-home buyers in the Sedona, Arizona market. The combination of extraordinary views, proximity to world-class hiking at Bell Rock and Cathedral Rock, and the Sedona Golf Resort creates a lifestyle offering that few vacation home markets can match. Read the full Sedona second home buyer’s guide here.
If you’re evaluating Chapel Area properties, reach out to Angelo Davis, REALTOR® at RE/MAX Sedona, at (928) 274-9114 before you visit. One conversation changes how you experience every property you see.
