Current Pending and Home Sales
MONTHLY FLAGSTAFF REAL ESTATE TRENDS
Flagstaff’s single-family market showed both resilience and shifting momentum in August 2025. A total of 87 homes sold across all price ranges, down slightly from 91 sales in August 2024. The mid-range segment ($600,000-$800,000) had 35 sales during the month of August. At the top end, luxury homes over $1.3 million accounted for 17 closings, only a modest dip from 23 a year ago. By contrast, the most affordable tiers saw little to no movement, with only two sales under $500,000 underscoring the limited supply and competitive demand for entry-level properties.
The median sales price for single-family homes sold in August of this year came in at $788,925. That is well off the $830,000 from August of last year. This represents only one month’s data and not what we would call a trend. Look for our quarterly newsletter due out at the end of October for the results from the 3rd quarter.
There were 15 townhomes sold and 6 condos in August of 2025.
Homes Sold & Pending Homes in Flagstaff & Surrounding Areas in August as of 9/17/2025
Inventory Levels
We have seen a slight drop in active inventory levels since we last reported on August 11, 2025, compared to 260 on September 17th. Seasonally, we are heading into the fall and winter months and anticipate seeing these numbers drop further. However, even with the seasonal adjustment, we are still running higher inventory levels than we have in past years. For all price ranges, we are sitting at a 3-month supply for active single-family home sales.
Pending Home Sales
Pending home sales have held steady since mid-May, fluctuating between 100 and 107 throughout the summer. Unlike past years, the typical surge in activity during the peak season never materialized. By comparison, during the same period in 2024, pending sales ranged from 115 to 134, highlighting a more active market last year.
What to Expect for the remainder of 2025?
We anticipate sales slowing as we head into the winter months. There is hope and anticipation that we may see an increase in buyer activity should mortgage rates begin to drop.
Our very own Nicola Sarn has this to say about our current market trends: “Results are in line with experience on the ground. Excitement from buyers seems to be building with interest rates being lowered”.
Advice for Sellers
For those considering selling, preparation is key. With more homes available, buyers are taking their time to compare options. Work closely with your real estate agent to:
- Price your home competitively
- Ensure it is well-prepared for showings
- Highlight features that make it stand out in today’s market
You have the best and most informed agents available today. Give us a call or shoot us an email to see how we can help you with all your buying and selling real estate needs. It’s all we do!
To the sellers on the fence, give us a call and let’s talk numbers and strategy. Buyers wanting to purchase a home, we are here to help.
Need Help Buying or Selling a Home?
DO NOT tackle the real estate market without a full-time, competent agent who is up to date on the current Flagstaff market. We are here to provide you with the BEST service. It’s in our name. Give us a call at 928-714-0001 or email us at [email protected].
Keep an eye on our social media posts for content related to the current issues Buyers and Sellers face today.
The data reported here are based on single family homes sales in the Flagstaff Metro Area (The City of Flagstaff and immediately surrounding County areas, EXCLUDING Munds Park and Bellemont) as reported in the Multiple Listing Service (MLS) maintained by the Northern Arizona Association of REALTORS®. The data may not reflect all sales (but it surely reflects most of them).
Current Listings
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