Flagstaff Market Report for February 2007
By Ann Heitland, Retired from Flagstaff Real Estate Sales
(Retired from RE/MAX Peak Properties)
The market is good. We have nearly twice as many homes on the market as at this time last year, but prices continue to be strong. Buyers have choices. Sellers are retaining value. What could be better? MLS StatisticsMedian PriceAverage PriceHomes SoldJanuary 2007$345,000$409,96778December 2006$299,500$362,64888January 2006$305,000$398,31473Multiple-listing-service data is for single family, townhomes, condos and manufactured homes with Flagstaff, Arizona mailing addresses. "MLS" data is based upon information from the Northern Arizona Association of Realtors® and is deemed reliable for sales reported to the association, but is not guaranteed and does not include all sales in the market area.