Monthly Flagstaff Home Sales Report What March Flagstaff home sales tell us about the coming summer. Flagstaff’s March real estate market was exciting to live through – the statistics aren’t quite as exciting, but they are certainly interesting. Total closed Flagstaff residential transactions increased from 55 in February to 91 in March – a whopping 65%. Pending contracts also rose, while listings were static. No wonder Flagstaff home shopping felt like a whirlwind for buyers and agents … [Read more...] about Flagstaff Home Sales Report
price per square foot
Finding Optimism In Real Estate Market
Almost everything was up in Flagstaff home sales for November 2011 compared with November 2010: Median price up 4.9%, to $267,500. Number of sales up 5%, but still a very low number – only 54 Flagstaff single-family homes sold in November. The median price per square foot was also up to $114 compared with $109 for November a year earlier. The only thing down was the number of listings, down nearly 19% compared with the same check-point a year earlier. November’s report suggests increasing … [Read more...] about Finding Optimism In Real Estate Market
MOBs – Investor Interest Increasing
In 2010, Medical Office Buildings (MOB) sales volume increased dramatically to 80 percent over 2009. According to Real Capital Analytics, MOB acquisitions totaled more than $3.1 billion by the last quarter of 2010. In our Southwestern region of the United States, we experienced $75.7 million in transactions in the third quarter of 2010, along with an average sales price per square foot of $223. What’s up with this? This can’t be; everyone (me not included) says that we are still in a major … [Read more...] about MOBs – Investor Interest Increasing
