After a slower than usual September, October Flagstaff home sales showed substantial gains compared with October 2013. The number of single-family homes sold was up 14.4%. No doubt that was partly due to the fact that available homes for sale were up 17.2% compared with a year earlier.
Flagstaff homes in higher price ranges sold more frequently in October than last October. Thus, the median price of Flagstaff single-family homes increased 11.1% year-to-year to a median for October 2014 of $340,000.
For more details and a breakdown of sales and inventory by price range, visit my Flagstaff Homes Blog - October 2014.