Based on data from the Northern Arizona MLS (insert appropriate disclaimers), the average sale price and median sale price of single family homes in Flagstaff Arizona show an upward trend in 2011!
However, buyers do not purchase homes in a city or a town. They purchase homes in a specific neighborhood whose location and amenities fit their needs.
That is why it is important for Sellers and Buyers alike to know the statistics for their immediate neighborhood.
Ponderosa Trails in Flagstaff, AZ is one of our newest subdivisions. Located in the Southwest of Flagstaff, directly adjacent to I-17, it is a very popular area for both full time Flagstaff residents and Second Home owners. Ponderosa Trails offers our largest selection of newer homes (built after 2000), walking trails, an elementary school, and a location that easily accesses all of Flagstaff.
In 2011, the average price of homes in Ponderosa Trails as well as the median price has risen!
In the first quarter of 2011, the average sale price of a single family home was $306,000.
In the fourth quarter, the average sale price is $322,000.
In the first quarter of 2011, the median price of single family homes in Ponderosa Trails was $300,000.
In the fourth quarter, the median price is $330,000.
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