
4th Quarter Sales Report
For Flagstaff in 2024
Total Sales for Q4 2024
There were 208 single family homes sold in the Flagstaff area throughout the last quarter of 2024. That’s a 30% increase over the 159 sold in Q4 of 2023. This could be a good sign as we head into the first quarter of 2025. We will keep an eye on inventory levels and mortgage rates throughout the new year.
Median Sales Price in Flagstaff in Q4 2024
We did see a spike in the median home sales price during the last quarter of the year. The median sales price for single family homes came in at $826,000 for Q4. Several high-end homes sold this quarter, including one in Forest Highlands that sold on October 18th for $7,550,000. In fact, there were 71 homes sold over $1,000,000 during the last 3 months of the year. This definitely had an impact on the median sales price for the quarter.
Average Price per Square Foot for Flagstaff Homes in Q4 2024
The average price per square foot for single family homes sold came in at $411.59 for the quarter.
Average Sales Price for Flagstaff Homes in Q4 2024
The average sales price for single family homes sold in Q4 remained over $1,000,000 for yet another quarter, coming in at $1,044,502. That is quite a bit higher than the $892,996 average from Q4 in 2023.
WRAP-UP
We are constantly looking at the current market trends and are happy to discuss them with you anytime. Helping our clients buy or sell real estate is all we do. And we’re damn good at it too.
DO NOT tackle the real estate market without a full-time, competent agent who is up to date on the current Flagstaff market. We are here to provide you with the best service. Contact the Best Flagstaff Homes team for all of your Real Estate needs!
The data reported here are based on single family homes sales in the Flagstaff Metro Area (The City of Flagstaff and immediately surrounding County areas, EXCLUDING Munds Park and Bellemont) as reported in the Multiple Listing Service (MLS) 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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