Eileen Taggart

Flagstaff, AZ 86001

Single-Family Homes

The Taggart Team | RE/MAX Fine Properties



Flagstaff, AZ 86001

Sun Aug 19 2018
This week the median list price for Flagstaff, AZ 86001 is $547,450 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 102. 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Flagstaff, AZ 86001

Sun Aug 19 2018
This week the median list price for Flagstaff, AZ 86001 is $547,450 with the market action index hovering around 30. This is an increase over last month's market action index of 28. Inventory has held steady at or around 102. 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $547,450
Per Square Foot $228
Days on Market 131
Price Decreased 42%
Price Increased 10%
Relisted 8%
Inventory 102
Median House Rent $1,738
Most Expensive $4,950,000
Least Expensive $2,300
Market Action Index
Slight Seller's Advantage
30

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$1,100,000 4,316 1 - 2.5 acres 4 4 21 1 6 156
$675,000 3,020 0.5 - 1 acre 4 3 26 2 5 147
$479,000 2,233 8,000 - 10,000 sqft 4 2 17 4 2 95
$343,400 1,610 6,500 - 8,000 sqft 3 2 15 5 3 128