Clear Title Agency of Arizona

Flagstaff, AZ 86001

Condos/Townhomes

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Flagstaff, AZ 86001

Sun May 29 2022
This week the median list price for Flagstaff, AZ 86001 is $440,650 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has increased to 12. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Sun May 29 2022
This week the median list price for Flagstaff, AZ 86001 is $440,650 with the market action index hovering around 58. This is less than last month's market action index of 59. Inventory has increased to 12. 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 been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $440,650
Median Price of New Listings $497,500
Per Square Foot $541
Average Days on Market 96
Median Days on Market 140
Price Decreased 25%
Price Increased 0%
Relisted 58%
Inventory 12
Median Rent
Market Action 58
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
$665,000 1,839 0 - 4,500 sqft 4 2.3 7 1 0 21
$443,900 810 0 - 4,500 sqft 1 1 0 0 1 140
$437,400 805 - 1 1 0 0 0 140
$430,900 800 0 - 4,500 sqft 1 1 0 1 2 140