This week the median list price for Flagstaff, AZ 86001 is $550,000 with the market action index hovering around 30. This is less than last month’s market action index of 31. Inventory has held steady at or around 74.
The market has achieved a relative stasis point in terms of supply and demand – conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.