Your Weekly Market Update

Flagstaff, AZ

Single-Family Homes

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



Flagstaff, AZ

Thu Jan 17 2019
This week the median list price for Flagstaff, AZ is $435,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 200. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Flagstaff, AZ

Thu Jan 17 2019
This week the median list price for Flagstaff, AZ is $435,000 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has held steady at or around 200. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $435,000
Per Square Foot $219
Days on Market 157
Price Decreased 30%
Price Increased 1%
Relisted 11%
Inventory 200
Median House Rent $1,760
Most Expensive $3,750,000
Least Expensive $1,800
Market Action Index
Slight Seller's Advantage
30

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
$872,500 3,572 1 - 2.5 acres 4 3 23 1 8 255
$516,950 2,472 1 - 2.5 acres 4 2 19 1 6 156
$398,000 1,876 0.25 - 0.5 acre 3 2 15 5 4 118
$329,450 1,516 6,500 - 8,000 sqft 3 2 27 4 5 98