Single-Family Homes
Sun May 29 2022
This week the median list price for Flagstaff, AZ 86001 is $1,097,500 with the market action index hovering around 63. This is an increase over last month's market action index of 62. Inventory has increased to 34.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Median List Price | $1,097,500 | |
Median Price of New Listings | $874,900 | |
Per Square Foot | $436 | |
Average Days on Market | 42 | |
Median Days on Market | 18 | |
Price Decreased | 26% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 34 | |
Median Rent | ||
Market Action | 63 | |
Strong Seller's Market |
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$2,049,999 | 3,994 | 2.5 - 5 acres | 4 | 3.3 | 20 | 1 | 0 | 28 |
$1,399,999 | 2,618 | 1 - 2.5 acres | 4 | 2.6 | 16 | 1 | 0 | 21 |
$949,000 | 2,597 | 0.25 - 0.5 acre | 4 | 3 | 35 | 4 | 1 | 7 |
$600,000 | 1,350 | 6,500 - 8,000 sqft | 3 | 2 | 38 | 3 | 1 | 21 |