Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ is $710,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 177. Click here to stay informed with the Flagstaff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Flagstaff, AZ

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ is $710,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has decreased to 177. Click here to stay informed with the Flagstaff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $710,000
Median Price of New Listings $572,500
Per Square Foot $331
Average Days on Market 61
Median Days on Market 35
Price Decreased 31%
Price Increased 3%
Relisted 2%
Inventory 177
Median Rent $2,400
Market Action 43
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,772,500 4,072 1 - 2.5 acres 4 4 16 1 5 45
$799,950 2,687 0.25 - 0.5 acre 4 2 24 1 6 45
$597,000 1,900 0.25 - 0.5 acre 3 2 26 4 13 31
$430,000 1,381 8,000 - 10,000 sqft 3 2 37 4 12 21