Clear Title Agency of Arizona

Flagstaff, AZ

Single-Family Homes

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Flagstaff, AZ

Fri Mar 24 2023
This week the median list price for Flagstaff, AZ is $899,999 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has decreased to 71. 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

Fri Mar 24 2023
This week the median list price for Flagstaff, AZ is $899,999 with the market action index hovering around 41. This is an increase over last month's market action index of 38. Inventory has decreased to 71. 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 $899,999
Median Price of New Listings $710,000
Per Square Foot $390
Average Days on Market 139
Median Days on Market 112
Price Decreased 32%
Price Increased 3%
Relisted 6%
Inventory 71
Median Rent
Market Action 41
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$2,250,000 4,337 0.5 - 1 acre 5 4 17 1 1 161
$1,292,500 3,258 1 - 2.5 acres 4 3.3 14 1 1 164
$857,000 2,266 0.5 - 1 acre 3 2.3 26 1 4 56
$549,000 1,465 8,000 - 10,000 sqft 3 2 40 2 2 87