Coconino Estates (Flagstaff, AZ)
Coconino Estates (Flagstaff, AZ) Real Estate News
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Flagstaff Market Report 08/19/12 Short Sales in Surrounding Areas
Sylvie Stuart, Home Buying, Home Selling and Investment - Flagstaff, AZ (Keller Williams Check Realty 928-600-2765)

 

 
Flagstaff in Shot Sales in Surrounding areas - since last week there were no new short sales in the Flagstaff surrounding areas. That's one shortsale since the previous week. This search is of foreclosures put on the market since last Sunday. It includes single family, town homes, manufactured homes and condos in the city of Flagstaff.

These numbers may seem like they are going down, but Flagstaff hasn't been hit as hard as other areas, so this has been pretty consistent.

In all of Flagstaff and surrounding areas there are 907 active homes for sale, of those 41 are short sales and 61 are foreclosures, these numbers are higher than last week, but still very low compared to "normal" inventory.

Flagstaff is surrounded by National Forest, which insulates our prices some because there is a limit to the supply of homes here, we are also about a 25% second home market, which helps keep our prices higher than the National average. In 2011, almost 61% of homes sold were regular equity sales (non-foreclosure, non-short sale), so most of our sales are regular equity sales.

 

A snapshot of the current market and of the homes that have sold in the last 6 months:

 
flagstaff market update

Most of the homes (47%) have been on the market more than 120 days. There is a lot of competition in the market right now. To sell your home in the quickest amount of time, you need to be competative with the other listings. That means, price your home according to the market, put your best foot forward by having your home show as well as it can, and hire a competative real estate agent who will market your home effectively, so you can get the exposure you need.

 
 
 
 
 
 
 

This information was pulled from the Northern Arizona Multiple Listing Service 08/12/12.

If you are interested in more information on a Flagstaff foreclosures or interested in other good deals available on themarket right now, I'd be honored to be "your first step into your new home".

Flagstaff Real EstateFlagstaff Real EstateFor more information on buying and selling homes in Flagstaff, Arizona I would be happy to make your transition easier and more efficient!

Ann 4x6
Coconino Estates Home for Sale!
Ann Heitland, Flagstaff Real Estate - Associate Broker, GRI, CRS (RE/MAX Peak Properties)

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More details on this great Flagstaff home.

LogoIf you know someone who wants to buy or sell Flagstaff real estate, send them to my website to get started: BestFlagstaffHomes.com -- from there they can search all listings in Flagstaff -- or have them give Ann Heitland at RE/MAX Peak Properties a call at 928-714-0001. For more information on Flagstaff houses, give me a call.

Each office of RE/MAX is independently owned and operated. Each agent is an independent business.

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If you know someone who wants to buy or sell Flagstaff real estate, send them to my website to get started: BestFlagstaffHomes.com -- from there they can search all listings in Flagstaff -- or have them give my team -- the Elite Team at RE/MAX Peak Properties a call at 928-714-0001. For more information on Flagstaff houses, give us a call.

Each office of RE/MAX is independently owned and operated. Each agent is an independent business.

Flagstaff, AZ Real Estate Professionals
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