Last week, I presented the overall picture of Flagstaff home sales in 2008. The market snapshot -- taken from my printed annual market report for my Flagstaff real estate clients -- covered all types of Flagstaff homes, including single family homes, townhomes, condos, and manufactured homes. Here are the 2008 statistics for single family home sales in Flagstaff:

Flagstaff Single Family Home Sales By Quarter

2007 vs. 2008

Percentages represent changes year-to-year -- numbers in bold are negative results (for some unknown reason, I can't get them to show in RED.)

Flagstaff Single Family Home Sales Since 2000

 Percentages represent changes year-to-year. (The bold = RED note also applies here.)

Year	Median Price	Average Price	Homes Sold	DOM Average	DOM Median	Percentage change in median price	Percentage change in volume of homes sold
2000	$171,250	$193,779	764	138	101
2001	$180,000	$202,560	801	122	86	5.11%	4.80%
2002	$196,950	$221,385	840	119	89	9.42%	4.90%
2003	$225,000	$258,485	951	142	84	14.24%	13.20%
2004	$260,750	$297,362	970	193	67	15.89%	1.20%
2005	$345,000	$395,823	995	85	63	32.31%	2.50%
2006	$384,000	$462,359	787	99	78	11.30%	20.9%
2007	$371,000	$446,490	690	116	93	3.39%	12.30%
2008	$339,000	$447,237	568	153	125	8.63%	17.68%

Data is based upon information 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. The data reported is for all homes with Flagstaff mailing addresses, whether or not they are within the City of Flagstaff; therefore it includes Doney Park, Fort Valley, Kachina Village and other areas in the “greater” Flagstaff metropolitan area.