Flagstaff Short Sales in Town- since last week there were no new short sales in Town Flagstaff.  This search is of short sales put on the market since last Sunday. It includes single family, town homes, manufactured homes and condos in town Flagstaff.

These numbers may seem like they are going down, but Flagstaff hasn't been hit as hard as other areas, so this has been pretty consistent.

In all of Flagstaff and surrounding areas there are 765 active homes for sale, of those 35 are short sales and 63 are foreclosures, these numbers are higher than last week, but still very low compared to "normal" inventory.

Flagstaff is surrounded by National Forest, which insulates our prices some because there is a limit to the supply of homes here, we are also about a 25% second home market, which helps keep our prices higher than the National average. In 2011, almost 61% of homes sold were regular equity sales (non-foreclosure, non-short sale), so most of our sales are regular equity sales.

 

A snapshot of the current market and of the homes that have sold in the last 6 months:

 
flagstaff market update

Most of the homes (47%) have been on the market more than 120 days. There is a lot of competition in the market right now. To sell your home in the quickest amount of time, you need to be competitive with the other listings. That means, price your home according to the market, put your best foot forward by having your home show as well as it can, and hire a competitive real estate agent who will market your home effectively, so you can get the exposure you need.

 
 
 
 
 
 
 

This information was pulled from the Northern Arizona Multiple Listing Service 10/21/12.

If you are interested in more information on a Flagstaff foreclosures or interested in other good deals available on themarket right now, I'd be honored to be "your first step into your new home".

Flagstaff Real EstateFlagstaff Real EstateFor more information on buying and selling homes in Flagstaff, Arizona I would be happy to make your transition easier and more efficient!

 
This post has been included in Arizona Real Estate News Coconino County, AZ Real Estate News Flagstaff, AZ Real Estate News
Post is included in group: Market Reports
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Sylvie Stuart Flagstaff, AZ Home Buying, Home Selling and Investment (Keller Williams Check Realty 928-600-2765) Rainmaker_large

Sylvie Stuart Flagstaff, AZ Home Buying, Home Selling and Investment

Flagstaff, AZ

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Keller Williams Check Realty 928-600-2765

Address: Flagstaff, Williams, Kachina, Mountainaire, Munds Park, Bellemont, Flagstaff, AZ, 86001

Office Phone: (928) 600-2765

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Local information about Flagstaff, AZ, where to go, why it's great to live here and general fun information! Also you'll find helpful information about home ownership and home selling tips! Like my Fan Page! <!-- Facebook Like Badge START --><!-- Facebook Like Badge END -->
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