November 10, 2020

• 2 Month Supply of Homes
• 221 Single Family Homes Currently For Sale
• Average Price: $404,648
• Average home prices up 29% over last year
• Average Days on Market – 43 Days
• Home Sales up 13%

As you can see, Lake Havasu City is a hot market and you’ll need a local Lake Havasu City real estate agent that can act wisely and quickly for you with the right local knowledge. The COLLINS TEAM can do just that! Give your local Lake Havasu City real estate agents a call today at (928) 275-1152 or send us a message!

The post Real Estate in Lake Havasu City: Market Trends Fall 2020 appeared first on The COLLINS TEAM.

Is it a Buyer’s Market or a Seller’s Market in Flagstaff?

With a sale to list price ratio of 99.88%, Flagstaff is is definitely a “seller’s market”. What this means is that on average homes in Flagstaff sold for right around the asking price. While this does mean Flagstaff sellers are currently in control, that isn’t stopping Flagstaff buyers, which brings us to our next point…

Are Homes in Flagstaff a Good Investment?

Home prices in Flagstaff have continued to trend upward over the last year. As of September 2020, the median list price was up 17% year over year, at $479K. The median sale price was $460K.

Flagstaff Home Availability

What are the chances you’ll land the Flagstaff home of your dreams? You’ll have to act quickly and come in with a great offer! The current median time on the market is just 53 days. There are a total of 465 properties available for sale within the Flagstaff city limits, 40 of those hitting the market in just the past week!

As you can see, Flagstaff is a hot market (even when it’s snowy outside!) and you’ll need a local Flagstaff real estate agent that can act decisively and advise you with the right local knowledge. The COLLINS TEAM can do just that! Give your local Flagstaff & Sedona real estate agents a call today at (928) 230-5168 or send us a message!

The post Real Estate in Flagstaff: Market Trends Fall 2020 appeared first on The COLLINS TEAM.

Is it a Buyer’s Market or a Seller’s Market in Sedona?

With a sale to list price ratio of 97.63%, Sedona is currently considered a “seller’s market”. What this means is that on average homes in Sedona sold for only 2.37% under the asking price. While this does mean Sedona sellers are currently in the driver’s seat, it’s not so much so that buyers aren’t still finding a reason to buy, which brings us to our next point…

Are Homes in Sedona a Good Investment?

Home prices in Sedona have continued to trend upward over the last year. As of September 2020, the median list price was up 15% year over year, at $598K. The median sale price was $569.5K.

Sedona Home Availability

What are the odds you’ll land the Sedona home of your dreams? You’ll have to act decisively! The current median time on the market is 79 days. There are a total of 465 homes available for sale in Sedona, 25 of those hitting the market in just the past week!

As you can see, Sedona is a hot market and you’ll need a real estate agent that can act quickly and advise you with the right local knowledge. The COLLINS TEAM can do just that! Give your local Flagstaff & Sedona real estate agents a call today at (928) 230-5168 or send us a message!

The post Real Estate in Sedona: Market Trends Fall 2020 appeared first on The COLLINS TEAM.