Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Sun Apr 18 2021
This week the median list price for Flagstaff, AZ is $690,115 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 118. 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

Sun Apr 18 2021
This week the median list price for Flagstaff, AZ is $690,115 with the market action index hovering around 44. This is an increase over last month's market action index of 43. Inventory has held steady at or around 118. 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 $690,115
Per Square Foot $310
Days on Market 21
Price Decreased 9%
Price Increased 7%
Relisted 2%
Inventory 118
Median Rent $2,175
Most Expensive $2,700,000
Least Expensive $7,000
Market Action 44
Slight Seller's Advantage

The market seems to have paused around its high point. 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
$1,295,000 3,829 0.5 - 1 acre 4 3 21 1 2 35
$803,933 2,677 1 - 2.5 acres 4 2 8 2 1 70
$615,609 2,147 0.25 - 0.5 acre 3 2 28 10 6 14
$382,500 1,414 6,500 - 8,000 sqft 3 2 56 9 8 7