Thirty-six homes closed in Sedona in August. That is the fewest for an August since 2023, and those thirty-six homes produced the highest August median sale price in twenty-one years of records.
The median landed at $998,500, up 20.4% from last August. Fewer homes are trading in Sedona, Arizona, and the ones that trade are closing higher and faster than any August before them.
Three stories sit inside those numbers: a market that is small, selective, and expensive all at once, new sellers who re-anchored $151,500 above what buyers paid, and buyers collecting roughly five percent off the original ask without a fight.
Every figure below comes from the MLS record for Sedona, January 2006 through August 2026, and July figures reflect the settled July record.
The Sedona Housing Market at a Glance: August 2026
The latest available data shows Sedona recorded 36 closed sales in August 2026 at a median sold price of $998,500, with at least 214 active listings and an average of 82 days on market.
Active Listings
Sedona carried 214 active listings on the early August count, down 29 from 243 in July and up 14 from 200 a year ago. Active counts firm upward as a month settles, so read 214 as a floor.
New Listings
59 new listings came to market in August, up 25.5% from 47 in July and down 34.4% from 90 in August 2025. Last August was an unusually heavy arrival month, which explains most of the year over year drop.
Closed Sales
Sedona closed 36 sales in August, down from 42 in July and 42 in August 2025. Sold volume came in at $41,341,600, up 9.4% from $37,795,650 a year ago on six fewer homes.
Median Sold Price
The median sold price was $998,500, up $31,500 from July’s $967,000 and up $169,250 from $829,250 in August 2025. That is a 20.4% year over year gain and the second consecutive monthly rise off June’s low for the year.
Average Sold Price
The average sold price was $1,148,378, up 5.0% from July and 27.6% from $899,896 last August. The average now sits 15.0% above the median, widened from 13.1% in July, so the top of the market did more of the lifting.
Days on Market
Homes that closed in August averaged 82 days on market, one day more than July’s 81 and 38 days faster than the 120 of August 2025. The median was 61 days, up from 53 in July and one day slower than last August’s 60.
Months of Inventory
Months of inventory read 5.94 on the early August count, compared with 5.79 in July and 4.76 in August 2025. It is a floor, and it sits near the eleven-year August average of 5.85.
Sale to List Ratio
Sedona sellers received 97.4% of their final asking price in August, up from 96.5% in July and 96.6% a year ago. Against the original asking price they received 95.1%, compared with 93.7% in July and 93.4% last August.
The Highest August Ever, on the Fewest Sales
August 2026’s $998,500 median sold price is the highest August in twenty-one years of Sedona, Arizona records, and it arrived on just 36 closings, the fewest for an August since 2023.
The previous August record was $889,000 in 2023, and this August cleared it by $109,500. The same month produced the fastest average days on market of any August in the record.
Thirty-six closings is the low end of the modern range, ahead of only 2022’s 29 and level with 2023’s 36. With that few sales, a handful of large closings can carry the median, which is why this reads as a record August and not as a new price floor.
Inventory on the early count sits near its eleven-year August average, so buyers are looking at a normal amount of choice for Sedona while paying record-August prices for what they choose.
Normal supply, low volume, high prices, fast closings. That combination is what a small and selective market looks like, and it rewards the homes priced to the record while the rest accumulate.
What This Means for Sellers in Sedona: The $151,500 Gap Came Back
Sellers who listed in Sedona in August 2026 asked a median $1,150,000, which is $151,500, or 15.2%, above the $998,500 that homes actually sold for.
In July the new listing median was $949,000, below the $967,000 that homes sold for that month. August reversed that in a single month.
A year ago the same gap was $245,750, with new listings at $1,075,000 against an $829,250 sold median. August’s sellers are closer to the market than last August’s were, but they are well behind July’s.
Active listings carry a median asking price of $1,099,500 against the $998,500 sold median, a gap of $101,000, or 10.1%, compared with $103,000 in July and $225,250 in August 2025.
The price cut that closes that gap has not moved. The average reduction on an active Sedona listing was $102,623, or 6.28%, level with July’s $101,937 and down from $138,178 a year ago.
The sellers who closed in August at 97.4% of list and 82 days priced their homes months ago, and the record belongs to them.
The August cohort that just listed $151,500 above the sold median has not been graded yet. Its results land in October and November closings, and the roughly $102,000 correction the active inventory already carries is the most likely path there.
Angelo Davis, REALTOR® at RE/MAX Sedona, prices by area and by price band before a home ever reaches the MLS. In this market the first list price is most of the negotiation, and the second one is what it costs to have been wrong.
What This Means for Buyers in Sedona: Five Percent Is Already on the Table
Buyers in Sedona, Arizona paid 95.1% of the original asking price in August 2026, so the typical home gave up roughly five percent between its debut price and its closing price.
That five percent arrives in two pieces. The seller’s own average reduction of $102,623 comes first, and the negotiation at the table then takes the price from 97.4% of the final ask down to the closing number.
Neither piece requires a buyer to be aggressive. The discount is built into how a Sedona listing matures, not into how hard someone bargains.
For buyers asking whether now is a good time to purchase in Sedona, the choice is wider than a year ago. At least 214 homes were active in August against 200 last August, and months of supply on the early count ran 24.8% above a year ago.
The median August sale sat at 61 days on market. A buyer who concentrates on homes past that mark is shopping the segment where the correction has already happened or is about to.
Sedona is six distinct areas, from West Sedona and Uptown Sedona to the Chapel Area, the Red Rock Loop, Oak Creek Canyon, and the Village of Oak Creek, and a citywide median tells you what the market did rather than what a street did. It helps to search current Sedona listings by area.
The First Eight Months of 2026 vs 2025
Through August, Sedona recorded 345 closed sales in 2026 against 351 in the same stretch of 2025, while sales volume rose 3.2% to $420,861,077.
New listings ran 536 through August, up 8.3% from 495, while closings slipped by six.
The average sale price for the year is $1,219,887, up 5.0% from $1,162,161. Average days on market fell to 85 from 114, and the sale to list ratio eased to 96.5% from 97.2%, while sale to original list held at 93.8% in both years.
Almost exactly last year’s business, at five percent more per home and a month less time per sale. For the full prior year picture, compare it with Sedona’s 2025 real estate market report.
How August 2026 Compares to Two Decades of Augusts
At $998,500, the August 2026 median sold price in Sedona, Arizona is 68.5% above August 2006, 137.6% above August 2015, and 57.2% above August 2020.
Compound annual growth in the August median runs 2.6% over twenty years, 8.2% over eleven years, and 7.8% over six years.
Speed has changed the most. Augusts from 2006 through 2025 averaged 168 days on market, the previous August record was 85 days in 2021, and August 2026 closed at 82.
Supply is the calm one. The twenty-one year August average is 10.2 months, August 2008 carried 30.54, and this August’s early read of 5.94 sits near the eleven-year average of 5.85.
Sedona Market Outlook: The Next 60 to 90 Days
The number to watch this fall is whether the $1,150,000 August new listing median gets corrected before it closes, because those homes reach the closing table in October and November.
For anyone asking what the Sedona real estate market is like right now, the honest answer is small, selective, and expensive.
Fall is Sedona’s second season, when the light softens and the people who visited in spring come back to decide.
Sedona’s 2026 medians have swung from $850,000 to $1,262,000 across eight months, so the record is a reading rather than a direction.
Frequently Asked Questions
What is the median home price in Sedona, Arizona right now?
The median sold price in Sedona, Arizona was $998,500 in August 2026, according to the latest available data. That is 3.3% above July’s $967,000 and 20.4% above the $829,250 median of August 2025.
Is the Sedona real estate market slowing down in 2026?
Sedona’s market is smaller, not slower. Only 36 homes closed in August 2026, the fewest for an August since 2023, but they averaged 82 days on market, the fastest August on record, and sold at 97.4% of asking.
How many homes are for sale in Sedona right now?
Sedona had at least 214 active listings on the early August 2026 count, up 14 from 200 in August 2025 and down 29 from 243 in July. The count firms upward as the month settles.
Is now a good time to buy a home in Sedona?
Buyers in Sedona paid 95.1% of the original asking price in August 2026, so roughly five percent came off the debut price before closing without any unusual effort. Choice is wider than a year ago, with at least 214 active homes against 200 last August.
How long does it take to sell a house in Sedona?
Homes that closed in Sedona, Arizona in August 2026 averaged 82 days on market, with a median of 61 days. Those homes were listed roughly March through May, so the figure grades spring pricing rather than anything listed in August.
What are Sedona sellers asking compared to what buyers are paying?
New listings in Sedona came to market at a median asking price of $1,150,000 in August 2026 against a median sold price of $998,500, a gap of $151,500. Existing active listings carried a median ask of $1,099,500, a gap of $101,000, and the average price reduction on an active listing was $102,623.
How much have Sedona home prices risen over the long term?
The August median sold price in Sedona has grown at a compound annual rate of 2.6% over twenty years, 8.2% over eleven years, and 7.8% over six years. August 2026’s $998,500 median sits 57.2% above the $635,000 median of August 2020.
The difference between the sellers who set August’s record and the sellers who just listed $151,500 above it comes down to one number chosen before the sign goes up. If a fall listing is on your mind, a current read on where your home lands against these figures costs nothing and settles most of the debate.
