Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Sat Feb 27 2021
This week the median list price for Flagstaff, AZ is $666,200 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 104. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Flagstaff, AZ

Sat Feb 27 2021
This week the median list price for Flagstaff, AZ is $666,200 with the market action index hovering around 41. This is less than last month's market action index of 42. Inventory has held steady at or around 104. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $666,200
Per Square Foot $291
Days on Market 46
Price Decreased 5%
Price Increased 16%
Relisted 4%
Inventory 104
Median Rent $2,450
Most Expensive $3,250,000
Least Expensive $5,500
Market Action 41
Slight Seller's Advantage

The market appears to be hovering around this plateau. Look for a persistent change 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
$1,197,500 3,700 1 - 2.5 acres 4 3 18 2 2 84
$752,190 2,618 0.5 - 1 acre 4 2 7 4 3 52
$544,925 2,030 0.25 - 0.5 acre 3 2 21 5 8 31
$359,000 1,447 6,500 - 8,000 sqft 3 2 39 5 4 21