Quick Read on September Flagstaff Real Estate

Aspens Turned in the San Francisco Peaks

Seventy-nine homes with Flagstaff mailing addresses sold in the month of September 2008, according to the Multiple-Listing-Service that is maintained by the Northern Arizona Association of Realtors.^®  That leaves 991 Flagstaff homes offered for sale, giving an absorption rate of 12.54 months – up from just over ten-months’ supply of homes at the end of August. The median sale price for the month of September was $298,000. These numbers reflect all types of Flagstaff residential real estate – single- family-homes, townhomes, condominiums and manufactured homes. 

The median price of single-family-homes sold in Flagstaff in September was $323,000. 53 such Flagstaff homes sold in September. As of October 1, 760 single-family-homes were on the market in Flagstaff, leaving over 14-months supply of such Flagstaff homes for sale.

Note: Statistics are based on data from the Northern Arizona Association of Realtors^® Multiple-Listing-Service, which does not include every Flagstaff home sale, but includes most. The report includes any home reported in the MLS with a Flagstaff address, even if the home is outside the city limits of Flagstaff.