Clear Title Agency of Arizona

Flagstaff, AZ 86004

Condos/Townhomes

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Flagstaff, AZ 86004

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ 86004 is $397,000 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has decreased to 16. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Flagstaff, AZ 86004

Tue Sep 28 2021
This week the median list price for Flagstaff, AZ 86004 is $397,000 with the market action index hovering around 56. This is an increase over last month's market action index of 55. Inventory has decreased to 16. 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

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $397,000
Median Price of New Listings $339,000
Per Square Foot $272
Average Days on Market 27
Median Days on Market 21
Price Decreased 6%
Price Increased 0%
Relisted 6%
Inventory 16
Median Rent $1,440
Market Action 56
Strong Seller's Market

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$511,950 1,842 0 - 4,500 sqft 3 2 38 0 2 21
$450,000 1,426 0 - 4,500 sqft 3 2 20 0 1 28
$356,500 1,409 0 - 4,500 sqft 2 2 34 2 0 7
$311,950 1,215 0 - 4,500 sqft 2 2 23 1 0 31