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Flagstaff, AZ 86001

Condos/Townhomes

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Flagstaff, AZ 86001

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ 86001 is $372,200 with the market action index hovering around 53. This is less than last month's market action index of 60. Inventory has increased to 26. Click here to stay informed with the Flagstaff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Flagstaff, AZ 86001

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ 86001 is $372,200 with the market action index hovering around 53. This is less than last month's market action index of 60. Inventory has increased to 26. Click here to stay informed with the Flagstaff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $372,200
Median Price of New Listings $525,150
Per Square Foot $313
Average Days on Market 34
Median Days on Market 21
Price Decreased 4%
Price Increased 0%
Relisted 0%
Inventory 26
Median Rent $1,545
Market Action 53
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift 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
$674,200 2,204 0 - 4,500 sqft 3 2 10 1 1 17
$391,825 1,252 0 - 4,500 sqft 2 2 0 0 1 24
$358,900 1,242 0 - 4,500 sqft 2 2 0 0 1 21
$300,400 772 0 - 4,500 sqft 1 1 0 1 2 21