Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Sat Nov 27 2021
This week the median list price for Flagstaff, AZ is $1,195,000 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 55. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Flagstaff, AZ

Sat Nov 27 2021
This week the median list price for Flagstaff, AZ is $1,195,000 with the market action index hovering around 60. This is an increase over last month's market action index of 57. Inventory has held steady at or around 55. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $1,195,000
Median Price of New Listings $850,000
Per Square Foot $407
Average Days on Market 76
Median Days on Market 35
Price Decreased 31%
Price Increased 4%
Relisted 7%
Inventory 55
Median Rent $2,500
Market Action 60
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be 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
$2,950,000 4,531 1 - 2.5 acres 4 4.3 19 1 0 77
$1,677,000 3,626 1 - 2.5 acres 4 3.3 23 2 2 38
$824,450 2,304 0.25 - 0.5 acre 3 2.3 29 5 2 14
$447,450 1,410 8,000 - 10,000 sqft 3 2 43 3 4 14