Clear Title Agency of Arizona

Flagstaff, AZ 86004

Single-Family Homes

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Flagstaff, AZ 86004

Sun May 26 2024
This week the median list price for Flagstaff, AZ 86004 is $849,150 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 84. 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 started cooling and prices have been flat for several weeks. Since 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

Sun May 26 2024
This week the median list price for Flagstaff, AZ 86004 is $849,150 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has increased to 84. 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 started cooling and prices have been flat for several weeks. Since 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 $849,150
Median Price of New Listings $830,000
Per Square Foot $387
Average Days on Market 45
Median Days on Market 21
Price Decreased 30%
Price Increased 4%
Relisted 2%
Inventory 84
Median Rent
Market Action 39
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
$1,450,000 3,853 2.5 - 5 acres 4 3.3 30 2 0 21
$995,000 2,578 0.25 - 0.5 acre 4 3 29 2 1 42
$800,000 2,118 0.25 - 0.5 acre 3 2 37 2 2 28
$629,000 1,597 8,000 - 10,000 sqft 3 2 40 4 4 7