Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

Where Quality Finds a Home |cleartitleaz.com | 480.278.8484



Flagstaff, AZ

Sun Apr 14 2024
This week the median list price for Flagstaff, AZ is $969,500 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has increased to 130. 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

Sun Apr 14 2024
This week the median list price for Flagstaff, AZ is $969,500 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has increased to 130. 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 $969,500
Median Price of New Listings $965,000
Per Square Foot $405
Average Days on Market 98
Median Days on Market 42
Price Decreased 29%
Price Increased 4%
Relisted 5%
Inventory 130
Median Rent
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,006,482 4,057 1 - 2.5 acres 4 4 19 3 3 63
$1,220,000 2,893 0.5 - 1 acre 4 3 23 8 2 28
$850,000 2,330 0.25 - 0.5 acre 4 2.5 25 5 3 42
$599,999 1,608 8,000 - 10,000 sqft 3 2 40 7 5 49