Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Tue Nov 29 2022
This week the median list price for Flagstaff, AZ is $895,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has decreased to 123. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Flagstaff, AZ

Tue Nov 29 2022
This week the median list price for Flagstaff, AZ is $895,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has decreased to 123. 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $895,000
Median Price of New Listings $699,000
Per Square Foot $371
Average Days on Market 93
Median Days on Market 63
Price Decreased 46%
Price Increased 2%
Relisted 1%
Inventory 123
Median Rent
Market Action 42
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$2,299,500 4,277 1 - 2.5 acres 4 4 14 0 3 119
$1,125,000 3,135 1 - 2.5 acres 4 3 26 5 3 49
$760,000 2,100 0.25 - 0.5 acre 4 3 25 3 7 49
$500,000 1,448 8,000 - 10,000 sqft 3 2 49 5 6 63