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Flagstaff Market Report for February 2007

By
Industry Observer with Retired from RE/MAX Peak Properties

The market is good. We have nearly twice as many homes on the market as at this time last year, but prices continue to be strong. Buyers have choices. Sellers are retaining value. What could be better?                       

MLS Statistics

Median Price

Average Price

Homes Sold

January 2007

$345,000

$409,967

78

December 2006

$299,500

$362,648

88

January 2006

$305,000

$398,314

73

Multiple-listing-service data is for single family, townhomes, condos and manufactured homes with Flagstaff, Arizona mailing addresses. "MLS" data is based upon information from the Northern Arizona Association of Realtors® and is deemed reliable for sales reported to the association, but is not guaranteed and does not include all sales in the market area.

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If you know someone who wants to buy or sell Flagstaff real estate, send them to my website to get started: BestFlagstaffHomes.com -- from there they can search all listings in Flagstaff -- or have them give my team -- the Elite Team at RE/MAX Peak Properties a call at 928-714-0001. For more information on Flagstaff houses, give us a call.

Each office of RE/MAX is independently owned and operated. Each agent is an independent business.