Dramatic Support for Yesterday's Post from MLS Data

24-Hour Market Watch

New Listings	1
Back on Market	0
Price Increases	0
Price Reductions	4
Contingents	0
Pendings	0
Solds	4
Expireds	76
Inactives	1

More "expireds" by far than anything else demonstrate that buyers are not taking the bait at these prices.

Tuesday, Update: When I checked the MLS this a.m., there had been 26 price reductions reported in the prior 24 hours, so some sellers are getting the message.

Note: Information in the chart is complied by and based upon multiple-listing-service data from the Northern Arizona Association of Realtors® and is deemed reliable for sales reported to the association, but is not guaranteed and does not include all sales in the market area. This information covers all areas of Northern Arizona including Flagstaff, Parks, Williams, Winslow, Ashfork, Munds Park, Sedona and others.