Clear Title Agency of Arizona
Flagstaff, AZ 86001
Single-Family Homes
Where Quality Finds a Home |cleartitleaz.com | 480.278.8484
Flagstaff, AZ 86001
Fri Oct 30 2020
This week the median list price for Flagstaff, AZ 86001 is $650,000 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has held steady at or around 47.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.
Real-Time Market Profile
| Median List Price | $650,000 | |
| Per Square Foot | $277 | |
| Days on Market | 71 | |
| Price Decreased | 13% | |
| Price Increased | 2% | |
| Relisted | 4% | |
| Inventory | 47 | |
| Median Rent | $2,850 | |
| Most Expensive | $3,750,000 | |
| Least Expensive | $6,500 | |
| Market Action | 45 | |
| Strong Seller's Market | ||
Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,295,000 | 3,521 | 2.5 - 5 acres | 4 | 3 | 14 | 1 | 0 | 194 |
| $750,000 | 2,620 | 0.25 - 0.5 acre | 4 | 3 | 52 | 3 | 1 | 39 |
| $598,222 | 2,206 | 8,000 - 10,000 sqft | 3 | 2 | 13 | 0 | 4 | 25 |
| $419,750 | 1,518 | 4,500 - 6,500 sqft | 3 | 2 | 22 | 0 | 2 | 35 |