Clear Title Agency of Arizona

Flagstaff, AZ 86004

Single-Family Homes

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Flagstaff, AZ 86004

Sat Jul 27 2024
This week the median list price for Flagstaff, AZ 86004 is $850,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 101. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 86004

Sat Jul 27 2024
This week the median list price for Flagstaff, AZ 86004 is $850,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 101. 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

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 $850,000
Median Price of New Listings $600,000
Per Square Foot $378
Average Days on Market 67
Median Days on Market 56
Price Decreased 56%
Price Increased 7%
Relisted 4%
Inventory 101
Median Rent
Market Action 35
Slight Seller's Advantage

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
$1,395,000 3,853 1 - 2.5 acres 4 3 28 0 0 70
$949,900 2,445 0.25 - 0.5 acre 4 2.5 29 1 2 70
$789,900 2,141 1 - 2.5 acres 3 2 33 1 4 49
$638,444 1,686 8,000 - 10,000 sqft 3 2 41 3 6 35