Flagstaff Housing Prices: The Numbers

The article released today (November 3, 2017) highlighted the fact that Flagstaff area set a record high for median sale prices in the third quarter of 2017 at a soaring $382,000. How does that compare to the past? That median price is 8% higher than the same period in 2016. That’s a significant jump! Not only that, but many neighborhoods around Flagstaff surpassed the levels of home prices in 2006-07–the previous high point for home prices in Flagstaff. Plus, the number of homes that sold in Flagstaff (388) is up 5% as compared to the same quarter in 2016.

While it is believed that prices may level out or dip slightly in the winter months because the first quarter usually has the poorest home sales, August and September were two record setting months in a row, both of which were up between 6-8%. So for those in Flagstaff with a smaller budget, you may want to act fast during the winter months to try and get a good deal before the prices tick back up yet again! With home prices only rising and rents sure to follow, you’re only hurting yourself by not investing in real estate if you are in a position to do so!

Want to learn more about Flagstaff housing prices and the real estate market in general? Contact The COLLINS TEAM today, your local experts in Flagstaff real estate.

The post Flagstaff Housing Prices at Record Highs appeared first on The COLLINS TEAM.

Purchasing real estate in Flagstaff or anywhere around Arizona (or the world) is one of, if not THE, most important investments in your life. Because of that, it’s helpful to know all of the hard data relating to the real estate market in your target area. The COLLINS TEAM has you covered! We’ve compiled the latest real estate snapshot from April 2017 for Flagstaff/Coconino County to keep you abreast of the latest average sales prices, days on the market, average square footage and more! Want to know more about the Flagstaff real estate market? Contact us today for assistance from some of the best real estate agents in Flagstaff! (928) 275-1152

Flagstaff Single Family Homes – April 2017

Flagstaff Condos/Townhomes – April 2017

The post Flagstaff Real Estate Market Stats Snapshot – April 2017 appeared first on The COLLINS TEAM.