September housing sales in the greater Flagstaff region jumped 35% compared to the same month a year ago. September housing prices rose 12% with the median sale price coming in at $425K which represents a new high for the month. Prices for the 3rd ¼ and for the first 9 month’s also hit new highs. Here’s the breakdown.
|Time Period||SFR Sales||Yr/Yr+-||Median $||Yr/Yr+-|
As you can see, the market remains very strong. And of course, low mortgage rates are helping a lot. A 30-year fixed rate mortgage is at 3.5% with no points. There’s one more quarter to go in the year but it’s looking like 2019 will be a very strong year. Until next month, here for any & all of your real estate needs.