Eileen Taggart

Flagstaff, AZ 86001

Single-Family Homes

The Taggart Team | RE/MAX Fine Properties



Flagstaff, AZ 86001

Thu Feb 21 2019
This week the median list price for Flagstaff, AZ 86001 is $479,000 with the market action index hovering around 26. This is less than last month's market action index of 28. Inventory has held steady at or around 98. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Flagstaff, AZ 86001

Thu Feb 21 2019
This week the median list price for Flagstaff, AZ 86001 is $479,000 with the market action index hovering around 26. This is less than last month's market action index of 28. Inventory has held steady at or around 98. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $479,000
Per Square Foot $232
Days on Market 175
Price Decreased 12%
Price Increased 7%
Relisted 12%
Inventory 98
Median House Rent $1,750
Most Expensive $3,750,000
Least Expensive $2,450
Market Action Index
Slight Buyer's Advantage
26

Prices in this zip code seem to have settled around a 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
$1,099,000 3,407 1 - 2.5 acres 4 3 20 2 0 231
$529,450 2,398 0.25 - 0.5 acre 3 2 21 0 1 214
$418,900 1,983 6,500 - 8,000 sqft 3 2 1 1 0 107
$361,568 1,566 6,500 - 8,000 sqft 3 2 1 3 0 153