Blog
Sales of single family residences, aka houses, continued to improve for the month of June. There were a total of 82 house sales in the greater Flagstaff area according to our local Multiple Listing Service. This compares to 75 sales in June of 09 and 77 sales in June of 08.
For the 2nd quarter sales were up also, 189 versus 172 a 10% increase. This brings the total sales figure for the 1st half of 2010 to 319 versus 275 for the same period of 09 which is an increase of 16%.
Flagstaff housing sales ended the year on a very positive note. December sales were up 58% over December 08 and for the 4th quarter were up 69% versus the same period.
For calendar year 2009, total housing sales came in at 728 versus 670 in 2008 a 9% increase.
The annual sales high was in 2005 when 1207 houses changed hands.
In response to our clients requests, Century 21 Flagstaff Realty has formed a Property Management Division. It will be headed up by Stephen Brighton, a Realtor with over 10 years experience who has earned E-Pro and GRI designations. As a former Stock Broker and Investment Banker, "Steve" has an extensive investment background. This will be a major benefit for our clients who would like to generate rental income from their real estate investments. And with real estate prices down, there's the opportunity to purchase properties at bargain prices and have them professionally managed. Give Steve a call today to discuss these exciting possibilities at 928-226-7578.
