Clear Title Agency of Arizona

Flagstaff, AZ 86004

Single-Family Homes

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Flagstaff, AZ 86004

Sun May 29 2022
This week the median list price for Flagstaff, AZ 86004 is $787,413 with the market action index hovering around 80. This is less than last month's market action index of 84. Inventory has increased to 48. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Flagstaff, AZ 86004

Sun May 29 2022
This week the median list price for Flagstaff, AZ 86004 is $787,413 with the market action index hovering around 80. This is less than last month's market action index of 84. Inventory has increased to 48. 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.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in a Seller’s market, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $787,413
Median Price of New Listings $774,463
Per Square Foot $387
Average Days on Market 14
Median Days on Market 7
Price Decreased 19%
Price Increased 0%
Relisted 0%
Inventory 48
Median Rent
Market Action 80
Strong Seller's Market

Prices is this zip code this week saw relatively little change from last week. However the market appears to be trying to establish an uptrend. Keep an eye on the Market Action Index to determine if demand will help push prices higher.

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
$1,348,999 3,405 1 - 2.5 acres 5 4.1 24 4 1 10
$899,450 2,519 0.25 - 0.5 acre 4 3 34 8 3 3
$680,000 1,799 1 - 2.5 acres 3 2 33 5 5 7
$549,499 1,431 0.25 - 0.5 acre 3 2 42 7 4 0