Flagstaff Real Estate Market Continues Downward Trend in Price Cuts

On top of a solid downward trend in sellers reducing price, including 96 markdowns over the last 30 days, sales in the Flagstaff market fell to 98 over the same stretch of time. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. Prices are rising in Flagstaff, and the median sales price this period increased from $306,000 to $334,000. There are only three months of inventory available in Flagstaff, so it's a seller's market, even with the decrease in sales.

Want a home with a large living space in Flagstaff? Start your search with these listings that provide the most in the area:

$4.5M   $2.1M   $2.7M  

Get started right now by checking out Flagstaff homes for sale or reviewing Flagstaff real estate trends.

Demographic facts for Flagstaff:

  • This area has a population growth rating of 86. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 244.0 per 100,000 people.
  • The health cost index score in this area is 104.9. (100 = national average)
  • 70.5% of the residents travel to work in an automobile, 10.8% via carpool, and 0.7% by way of public transit.

Data reported through 10/12/2016

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