house_glass_03We recently posted the Flagstaff Homes Sales statistics.  While Flagstaff saw a small tick up in home sales from July, nationally sales are down a bit.  Interest rates are still at a record lows, however inventory is down and that has driven prices up.  In August the country saw a decrease of 0.9% in closed sales from July.  We are still, however, 0.8% higher than August, 2015.  The median house price is up 5.1% from this time last year.  Follow the link below to see the full article from The National Association of Realtors.

If you missed our blog about our local numbers click here.  As always never hesitate to call or email The Elite Team with any questions.