Each year, I prepare a printed report for my real estate clients about the Flagstaff home sales market. This year, I’ve started to “reprint” parts of this long, Annual Flagstaff Real Estate Market Report as separate blog entries. Here are the previous posts:
Part I: Flagstaff Market Pulse -- Looking Back -- and Taking the Pulse of the Flagstaff Housing Market for 2009
Part II: 2008 Flagstaff Market Results: Continuing the series from my annual report on Flagstaff homes, here are the statistics on single family home sales
Today, I give you the table for Flagstaff townhomes. 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.
Townhomes in Flagstaff Homes Since 2000
(Percentages represent changes year-to-year)
|
Year
|
Median Price
|
Average Price
|
Homes Sold
|
DOM Average
|
DOM Median
|
% Change in Median Price
|
% Change in Volume
|
|
2000
|
$137,900
|
$140,750
|
184
|
148
|
122
|
|
|
|
2001
|
$139,000
|
$147,514
|
159
|
116
|
84
|
1%
|
13.6%
|
|
2002
|
$146,500
|
$151,930
|
161
|
95
|
69
|
5%
|
1.0%
|
|
2003
|
$158,500
|
$165,360
|
191
|
172
|
75
|
8%
|
18.6%
|
|
2004
|
$192,500
|
$192,192
|
178
|
67
|
57
|
21%
|
6.8%
|
|
2005
|
$257,900
|
$256,401
|
191
|
77
|
48
|
34%
|
unchanged
|
|
2006
|
$294,900
|
$294,651
|
191
|
112
|
71
|
14%
|
unchanged
|
|
2007
|
$290,000
|
$296,766
|
152
|
108
|
92
|
2%
|
20.4%
|
|
2008
|
$262,500
|
$275,360
|
133
|
119
|
106
|
9%
|
12.5%
|
Numbers in bold face represent negative numbers.
Tomorrow, the last installment -- condominium sales history in Flagstaff.
If you’d like to receive a copy of the full, printed report, just drop me a note. |
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