We have some interesting numbers to share for single family homes sales in the Flagstaff area for July. There were 87 single family home sales in July, down from 109 in July of 2017. The 87 sales were also well below the 123 sales we had in June of this year. We will keep a close eye on the numbers in the coming months. One month does not constitute a change in the market but we are very interested in seeing how the rest of the years plays out. The National Association of REALTOR®s has not yet released the national statistics for July, but we will share that information when they do. Inventory levels are still historically low. We have broken down sales and inventory numbers by prices points in the spreadsheet below.
There were 18 condos sales for July compared to 12 for last year and 30 townhomes compared 34 in July 2017.
Check out the numbers below for our local Flagstaff area market in July.
Single Family Flagstaff Home Sales – July 2018
NOTE: ACR = ACTIVE CONTINGENCY REMOVAL, PBK = PENDING TAKING BACKUP. THE DATA REPORTED HERE ARE BASED ON HOME SALES IN THE FLAGSTAFF METRO AREA (THE CITY OF FLAGSTAFF AND IMMEDIATELY SURROUNDING COUNTY AREAS) AS REPORTED IN THE MULTIPLE-LISTING-SERVICE MAINTAINED BY THE NORTHERN ARIZONA ASSOCIATION OF REALTORS.® THE DATA MAY NOT REFLECT ALL SALES (BUT IT SURELY REFLECTS MOST OF THEM).
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