Our local Flagstaff Real Estate market remains pretty much the same; i.e. relatively boring. For Septermbert, the average price of homes is down a fraction from August and the median price is unchanged. Again, as it relates to single family housing in the city of Flagstaff, it's time to buy. Let me know what you think. I thank you for reading. Please keep the comments coming and visit Gregg's Blog for regular market info and updates.
Gregg Munson
Associate Broker, ABR, CPDE, e~PRO
CALENDAR YEAR |
AVERAGE PRICE |
MEDIAN PRICE |
AVERAGE DAYS ON MARKET |
ANNUAL UNITS SOLD |
CUMULATIVE MEDIAN % CHANGE FROM MARKET TOP IN 2006 |
2006 |
$458,116 |
$392,500 |
91 |
528 |
MARKET TOP |
2007 |
$436,511 |
$375,000 |
108 |
479 |
-4.4% |
2008 |
$417,993 |
$360,000 |
120 |
373 |
-8.28% |
January 2009 |
$433,500 |
$387,500 |
117 |
14 YTD |
-1.27% |
February 2009 |
$367,497 |
$330,950 |
132 |
32 YTD |
-15.68% |
March 2009 |
$384,884 |
$330,500 |
103 |
56 YTD |
-15.79% |
April 2009 |
$360,456 |
$326,000 |
127 |
79 YTD |
-16.94% |
May 2009 |
$370,072 |
$330,000 |
129 |
115 YTD |
-15.92% |
June 2009 |
$364,568 |
$331,000 |
133 |
161 YTD |
-15.66% |
July 2009 |
$371,298 |
$331,000 |
134 |
207 YTD |
-15.66% |
August 2009 |
$374,543 |
$330,000 |
140 |
250 YTD |
-15.92% |
September 2009 |
$374,004 |
$330,000 |
136 |
290 YTD |
-15.92% |
*Criteria: Northern Arizona Multiple Listing Service sold data for City of Flagstaff single family homes. The city is defined as North West City, South West City, North East City, and South East City. Condos, townhomes, multi-family, land and commercial properties are excluded as are outlying areas. The exclusion of outlying areas and well as properties other than single family homes will have an eff
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