Your Weekly Market Update

Flagstaff, AZ

Single-Family Homes

Lori Anderson | 928-556-5070 | lori.anderson@ltic.com



Flagstaff, AZ

Wed Sep 26 2018
This week the median list price for Flagstaff, AZ is $499,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 298. Click here to stay informed with the Flagstaff market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Flagstaff, AZ

Wed Sep 26 2018
This week the median list price for Flagstaff, AZ is $499,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 298. Click here to stay informed with the Flagstaff market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $499,000
Per Square Foot $213
Days on Market 133
Price Decreased 44%
Price Increased 5%
Relisted 7%
Inventory 298
Median House Rent $1,900
Most Expensive $4,950,000
Least Expensive $2,000
Market Action Index
Slight Seller's Advantage
30

The market appears to be 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
$922,000 4,102 1 - 2.5 acres 4 3 23 0 3 194
$575,050 2,801 0.25 - 0.5 acre 4 3 22 4 3 162
$439,000 2,106 0.25 - 0.5 acre 3 2 26 5 5 82
$339,000 1,566 6,500 - 8,000 sqft 3 2 35 4 9 95