Hard as it may sound, November 2015 is in the books.  Flagstaff single family homes sales remained strong, dipping only slightly from October of this year.  There were a total of 69 homes sold in November, compared to 71 for October.  Total sales were slightly off from November 2014 (72).  Inventory levels did drop 10% from October to November.  Market inventory is at a 4.4 month supply with a continued shortage below the $400,000 range.  The median sold price for November 2015 was $336,500. The townhome market had 16 townhomes change ownership compared to 8 sales in November 2014.

Here are the numbers for November 2015.

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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).

 

To buy or sell a Flagstaff home, you need more than the general advice in this blog.  Contact The Elite Team at RE/MAX Peak Properties – Give us a call at 928-714-0001 or send an email to info@bestflagstaffhomes.com for experienced, professional advice on purchasing or selling a home in Flagstaff.