Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Thu Sep 16 2021
This week the median list price for Flagstaff, AZ is $699,425 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 214. 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

Thu Sep 16 2021
This week the median list price for Flagstaff, AZ is $699,425 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 214. 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 $699,425
Median Price of New Listings $697,450
Per Square Foot $331
Average Days on Market 53
Median Days on Market 28
Price Decreased 26%
Price Increased 2%
Relisted 1%
Inventory 214
Median Rent $2,250
Market Action 42
Slight Seller's Advantage

The market is 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
$1,550,000 4,012 1 - 2.5 acres 4 4 16 6 5 35
$799,000 2,678 0.25 - 0.5 acre 4 3 29 9 9 35
$585,000 1,873 0.25 - 0.5 acre 3 2 25 5 6 28
$425,000 1,337 8,000 - 10,000 sqft 3 2 41 10 7 28