Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Sun Aug 01 2021
This week the median list price for Flagstaff, AZ is $694,750 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has increased to 212. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Flagstaff, AZ

Sun Aug 01 2021
This week the median list price for Flagstaff, AZ is $694,750 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has increased to 212. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $694,750
Median Price of New Listings $570,000
Per Square Foot $319
Average Days on Market 49
Median Days on Market 28
Price Decreased 24%
Price Increased 3%
Relisted 3%
Inventory 212
Median Rent $2,400
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
$1,500,000 3,852 0.5 - 1 acre 4 4 18 5 7 42
$799,900 2,735 0.25 - 0.5 acre 4 2 24 6 9 28
$599,900 1,990 0.25 - 0.5 acre 3 2 25 7 9 21
$435,000 1,496 8,000 - 10,000 sqft 3 2 39 12 7 14