Real Estate Market Update for Flagstaff, AZ
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 27% from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 750-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 4%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 380-thousand dollars. The number of units sold decreased 24% year-over-year, and decreased 16% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Flagstaff, AZ
Area Information for Flagstaff, AZ
  • Population: 72,169
  • Median Age: 28.14 yr
  • Median Commute Time: 15 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 1,123/sq mi
  • Population Change Since 2000: 36.98%
  • Closest Airport: Flagstaff Pulliam
  • Closest College: Northern Arizona University
  • Closest Jr. College: Coconino Co Community College-lone Tree
  • Median Household Income: $52,296
  • Annual Residential Turnover: 29%
  • Median Home Sales Price: $265,000
  • Closest Major Sports Team: Arizona Giants (r)
  • Change Avg. Household Income Since 2000: 38.42%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Flagstaff, AZ
Median Age: 28.14 Married: 28% Number of Households: 25,350 Households with Children: 7,270
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Flagstaff, AZ

      School Name Distance Type Grades School Rating Parent Rating
      Lura Kinsey Elementary School 15.4 mi Public K-5 1 0
      County Jail Education Program 15.9 mi Public 7-12 0 0
      Juvenile Detention Education Program 16.0 mi Public 4-12 1 0
      North Central Region 16.1 mi Public PRESCHOOL-12 0 0
      Sinagua Middle School 16.2 mi Public 6-8 2 0
      Thomas M Knoles Elementary School 16.2 mi Public K-5 3 0
      Pine Forest School 16.3 mi Public K-8 4 0
      Northland Preparatory Academy 16.5 mi Public 6-12 5 4
      Leupp Public School 16.5 mi Public PRESCHOOL-5 1 0
      Haven Montessori School 16.5 mi Private 1-3 0 0
      Haven Montessori Charter School 16.5 mi Public K-6 4 0
      Montessori Charter School Of Flagstaff - Campus 16.7 mi Public 1-6 4 0
      San Francisco De Asis 16.8 mi Catholic PRESCHOOL-8 0 0
      Maine Consolidated School 16.9 mi Public PRESCHOOL-8 4 0
      Flagstaff High School 17.0 mi Public 9-12 2 3
      The Peak School 17.1 mi Public K-8 2 0
      Ponderosa High School 17.1 mi Public 11-12 0 0
      Basis Flagstaff 17.2 mi Public 4-12 5 3
      Flagstaff Community Christian School 17.2 mi Private K-9 0 0
      Eva Marshall Elementary School 17.3 mi Public K-5 2 0
      W F Killip Elementary School 17.3 mi Public PRESCHOOL-5 1 0
      Flagstaff Junior Academy 17.7 mi Public K-8 4 0
      Coconino High School 17.7 mi Public 9-12 1 3
      John Q Thomas Elementary School 17.9 mi Public K-5 1 0
      Mount Elden Middle School 17.9 mi Public 6-8 1 0
      Weitzel's Puente De Hozho Bilingual Magnet School 18.1 mi Public PRESCHOOL-5 2 0
      Summit High School 18.3 mi Public 7-12 1 0
      Charles W Sechrist Elementary School 18.4 mi Public K-5 4 0
      Mt Calvary Lutheran School 18.7 mi Private PRESCHOOL-K 0 0
      Flagstaff Arts And Leadership Academy 19.6 mi Public 7-12 4 4
      Foresight Learning Center 21.1 mi Private PRESCHOOL-K 0 0
      Sturgeon Cromer Elementary School 21.9 mi Public PRESCHOOL-5 3 0
      Star Charter School 30.3 mi Public PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Flagstaff, AZ
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.