Your Weekly Market Update

Flagstaff, AZ

Single-Family Homes

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



Flagstaff, AZ

Fri May 25 2018
This week the median list price for Flagstaff, AZ is $495,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 277. 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 Buyer'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

Fri May 25 2018
This week the median list price for Flagstaff, AZ is $495,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 277. 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 Buyer'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 $495,000
Per Square Foot $218
Days on Market 114
Price Decreased 26%
Price Increased 5%
Relisted 4%
Inventory 277
Median House Rent $1,875
Most Expensive $4,950,000
Least Expensive $2,100
Market Action Index
Slight Buyer's Advantage
29

The market seems to have paused around its high point. 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
$899,000 3,845 1 - 2.5 acres 4 3 23 4 8 177
$595,000 2,750 0.25 - 0.5 acre 4 2 24 4 2 113
$435,900 2,062 0.25 - 0.5 acre 3 2 22 7 6 72
$347,450 1,547 0.25 - 0.5 acre 3 2 29 6 4 95