Flagstaff home sales showed no signs of slowing down during the month of June. There were 123 single family homes sold during the month. We continue to struggle with inventory levels, causing prices to rise. The median sales price for single family homes for the month of June was $403,000.
We will have our quarterly newsletter out soon and have additional numbers to share. Additionally, here is a video of Lawrence Yun, chief economist at the National Association of REALTOR®s discussing the national housing market. Nationally sales prices are up and total sales are down. Limited inventory continues to drive prices up.
Take a look at the numbers below for our local Flagstaff area market.
Single Family Flagstaff Home Sales – June 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).
To buy or sell a Flagstaff home, you need more than the general advice in this blog. That is where we can help. Contact The Elite Team at RE/MAX Peak Properties – Give us a call at 928-714-0001 or send an email to firstname.lastname@example.org for experienced, professional advice on purchasing or selling a home in Flagstaff.