Flagstaff Median Home Price Jumps 25% Year-to-Year

Don’t get too excited, yet

I’ve gathered the statistics for my monthly Flagstaff home sales report and I will be writing a full blog post about it in a few days, including the status of sales in various price ranges. Overall, things look good and you might be really excited to learn that the median Flagstaff single-family home sale price jumped 25% compared with June 2012.

But remember, that’s a statistical median. What does it mean for you and the Flagstaff real estate market? More, in the next few days. But, here’s a little something to temper your enthusiasm: Volume of Flagstaff home sales has not changed much in the last five years. 

To buy or sell any Flagstaff home, please contact us: Flagstaff Elite Team at RE/MAX Peak Properties.

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Note: The data reported here are based on home sales in the Flagstaff metro area (the City of Flagstaff and immediately surrounding county areas that have Flagstaff mailing addresses) as reported in the multiple-listing-service maintained by the Northern Arizona Association of Realtors.® The data may not reflect all sales (but it surely reflects most of them).

 

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