Single family homes sales were hot in July with 109 Flagstaff area homes sold. Compare that to the 91 sales in July of 2016 and it sounds even more impressive. The most active market continues to be in the homes in the $400,000 and under price with 57 sales, although the $400,000-500,000 price range was very active with 33 sales. While we did see a slight bump in inventory levels last month, currently there is less than 1.7 months inventory in all ranges below $500,000. Any sellers who may be on the fence, now is a great time to sell!
The average sales price for single family homes in July for the Flagstaff area was $430,206, with an average price/sq. ft. of 206.27. Our market had median sales price of $390,000 in July.
There were 12 Condos, 33 townhomes and 13 manufactured homes sold in the area during the month of July.
Take an in-depth look at the current market conditions for the month of July.
Single Family Flagstaff Home Sales – July 2017
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. That is where we can help. Contact The Elite Team at RE/MAX Peak Properties – Give us a call at 928-714-0001 or send an email to firstname.lastname@example.org for experienced, professional advice on purchasing or selling a home in Flagstaff.