Market Action Index 4-30-2020

Market Action Index 4-30-2020
April 30, 2020 Jerome Naleski

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.

market-report-flagstaff-az-86001

Slight Seller’s Advantage

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.

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