Flagstaff April Housing Prices Set New High

April housing prices in the greater Flagstaff region hit another new high. This April the median sale price came in at $409K which is up 5% from April ’18. The average price paid per-square-foot was $225 also a record. Total sales for the month numbered 97 making this April the second busiest on record. Inventory is increasing as expected this time of year and mortgage rates are now at 3.875% for a 30-year fixed rate which is down an 1/8th of a point from last month. By all accounts the second quarter of the year is starting off strong. Until next month, here for any & all of your real estate needs.