Click  for a PDF of the Flagstaff 07/08 Market Report 

Synopsis of the Flagstaff Market Report, 2007 & 2008

 Based on Statistics from the Northern Arizona MLS, the average Sale Price/SF of Flagstaff Single Family Homes dropped 8.5% from 2007 to 2008.

Average Sell Price/SF for calendar year 2007 was $216.17

Average Sell Price/SF for calendar year 2008 was $197.73

 Quarterly Synopsis of Sell Price/SF changes from 07 - 08 

Avg. Sell Price/SF dropped in the First Quarter of 07 to 08	4.6%
Avg. Sell Price/SF dropped in the 2nd Quarter of 07 to 08	6.9%
Avg. Sell Price/SF dropped in the Third Quarter of 07 to 08	8.8%
Avg. Sell Price/SF dropped in the 4th Quarter of 07 to 08	13.8%