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Flagstaff, AZ 86004

Single-Family Homes

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Flagstaff, AZ 86004

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ 86004 is $699,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 90. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Flagstaff, AZ 86004

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ 86004 is $699,000 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 90. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $699,000
Median Price of New Listings $550,000
Per Square Foot $323
Average Days on Market 68
Median Days on Market 35
Price Decreased 33%
Price Increased 2%
Relisted 1%
Inventory 90
Median Rent $2,500
Market Action 41
Slight Seller's Advantage

We continue to see prices in this zip code bounce 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
$1,187,000 3,420 1 - 2.5 acres 4 3 29 1 3 35
$761,000 2,440 0.25 - 0.5 acre 4 2 25 1 4 59
$585,000 1,787 2.5 - 5 acres 3 2 27 2 5 42
$430,000 1,381 0.25 - 0.5 acre 3 2 42 3 8 21