Prev Article | Next Article

MAY'S FLAGSTAFF REAL ESTATE MARKET SNAPSHOT

 

FLAGSTAFF MARKET SNAPSHOT MAY 2009*
Our local Flagstaff Real Estate market reflected an upturn since the April’s market report. Volume is up, prices are up slightly and average days on the market are basically unchanged. Is this the beginning of a market bottoming? Many seems to think so. I thank you for reading. Please keep the comments coming and visit Gregg’s Blog for regular market info and updates.
Gregg Munson
Associate Broker, ABR, CPDE, e~PRO
 

CALENDAR YEAR
AVERAGE PRICE
MEDIAN PRICE
AVERAGE DAYS ON MARKET
ANNUAL UNITS SOLD
CUMULATIVE MEDIAN % CHANGE FROM MARKET TOP
2006
$458,116
$392,500
91
528
MARKET TOP
2007
$436,511
$375,000
108
479
-4.4%
2008
$417,993
$360,000
120
373
-8.28%
January 2009
$433,500
$387,500
117
14 YTD
-1.27%
February 2009
$367,497
$330,950
132
32 YTD
-15.68%
March 2009
$384,884
$330,500
103
56 YTD
-15.79%
April 2009
$360,456
$326,000
127
79 YTD
-16.94%
May 2009
$370,072
$330,000
129
115YTD
-15.92%

*Criteria:  Northern Arizona Multiple Listing Service sold data for City of Flagstaff single family homes.  The city is defined as North West City, South West City, North East City, and South East City.  Condos, townhomes, multi-family, land and commercial properties are excluded as are outlying areas.  The exclusion of outlying areas and well as properties other than single family homes will have an effect on valuations.     

Permalink
Home Page | Flagstaff Properties | Buyers | Sellers | Area Info | About Gregg | WHAT'S MY HOME WORTH? | BUYER'S REQUEST | Mortgage Information | Testimonials | Free Real Estate Reports | Sellers Request | FLAGSTAFF DREAM HOME FINDER | Gregg's Flagstaff Real Estate Blog | Community Links | School Links | Request Info | HELPFUL BUSINESS LINKS | Weather | Home Buying Info | 15 Reasons Why We Should Be Your Real Estate Agent(s) | Additional Real Estate Info | Different Types Of Real Estate Home Loans | For Sale By Owner Real Estate Info | Free E-mail Property Updates | Free Market Update | Free Real Estate Newsletter | General Request | Home Gardening Info | Home Improvement | Home Moving Assistance | How Much Real Estate Can You Afford? | Just For Kids | My Real Estate Link Partners | Real Estate And Mortgage Glossary | Real Estate Mortgage Programs | Real Estate Refinancing Information | Real Estate Tax Info | Selecting Your Next Home | Tourism And Travel | Why Select Gregg & Debbie To List Your Property | Why Select Us To Represent You When Buying? | Real Estate Mortgage Calculators | Real Estate And Consumer Info | Real Estate And Community Bulletin Board | Search for Homes | Search for Land/Lots | GREGG'S FEATURED LISTINGS | Your Thoughts on the Economic Stimulus Proposal? | GREGG'S CLIENT TESTIMONIALS | Property Search | SOLD HOME GALLERY | Registration | Guestbook | AZ FORECLOSURE AND SHORT SALE RESOURCE FOR FLAGSTAFF AZ | FLAGSTAFF FORECLOSURE AND SHORT SALE RESOURCE | Flagstaff Chamber of Commerce | Pine Canyon Golf Community Information | Continental Country Club | FLAGSTAFF GATED GOLF COMMUNITIES | Sign Up | ALL ABOUT FLAGSTAFF | ASK THE BUILDER | Russ Lyon Sotheby's International Realty Marketing | SELL YOUR HOME | ALL ABOUT FLAGSTAFF | WHAT GREGG DOES TO MARKET YOUR PROPERTY | All About Flagstaff | Blog | GREGG'S ADVANCED CDPE WEBSITE | Flagstaff Relocation Guide
Site Map | E-Mail

Logo
Russ Lyon | Sotheby's International Realty Flagstaff
1750 S Woodlands Village Blvd.. Ste 125 • Flagstaff, AZCoconino 86001
Phone: 928.853.4289 • Email Gregg@GreggMunson.com
Fax: 888.241.6446




FlagstaffWillIamsParks