Eileen Taggart

Flagstaff, AZ

Single-Family Homes

The Taggart Team | RE/MAX Fine Properties



Flagstaff, AZ

Mon Apr 22 2019
This week the median list price for Flagstaff, AZ is $534,900 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 393. 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

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Flagstaff, AZ

Mon Apr 22 2019
This week the median list price for Flagstaff, AZ is $534,900 with the market action index hovering around 28. This is an increase over last month's market action index of 27. Inventory has held steady at or around 393. 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

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $534,900
Per Square Foot $234
Days on Market 99
Price Decreased 21%
Price Increased 5%
Relisted 8%
Inventory 393
Median House Rent $1,850
Most Expensive $4,595,000
Least Expensive $1,795
Market Action Index
Slight Buyer's Advantage
28

Price trends continued their recent uptrend this week. While still below the market’s price 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
$1,192,500 3,899 0.5 - 1 acre 4 4 15 3 8 106
$664,725 2,852 0.25 - 0.5 acre 4 3 21 9 13 133
$449,250 2,134 0.25 - 0.5 acre 3 2 22 15 13 88
$329,400 1,459 6,500 - 8,000 sqft 3 2 31 9 10 67