What makes this summary so interesting is that it details how rising home prices in this area are not the luxury listings and/or the higher priced listings.
The fact that this data comes from Flagstaff AZ is not as important as the trend it shows. Flagstaff is far from being the only community, whether large or small, that has this type of single family home structure.
This is where market research comes in to play for the savvy agent. Instead of wasting time pulling realty association statistics about dropping home sales, there is opportunity for a positive comparative analysis in many markets.
If you are a potential buyer or investor, you might be able to use this research data in your favor in places where market conditions are or can be similar. If you are a real estate professional, this is the type of research which can bring you buying or selling points within appropriate communities:
1 day ago