Current & Pending Home Sales
Flagstaff’s real estate market saw a significant seasonal uptick in March and April, characterized by a surge in both active inventory and pending sales compared to earlier this year. Buyer activity has intensified across most price points as we move further into the pre-summer selling season.
Quick Market Snapshot:
- Number of active listings: 218
- Pending home sales: 117
- Single-family home sales: 57
- Closed sales: 57
- Average sales price: $906,232
- Median sales price: $750,000
- Average days on market: 83
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Active Listings in Flagstaff
Inventory is rising as we enter the peak summer market. Total active listings grew from 151 in February to 218 on May 15th. While this provides buyers with more options, the market remains relatively tight in the mid-range price points ($400k – $600k), where supply is still under two months.
- Inventory increased by 67 listings since February.
- Buyers are experiencing more options, particularly in the luxury segment ($1.3M+), which currently has nearly 20 months of supply. This number may be somewhat inflated as there were minimal sales in April. Note the 17 pending sales in this price range.
- Sellers are seeing more competition as total active inventory climbs toward summer levels.
Pending Sales & Buyer Demand
Buyer demand is heating up. Pending sales increased from 91 on April 8th to 117 on May 14th. This is the first time we have seen 100 or more pending sales since September of 2025, and the highest number of pending single-family homes we have reported since November 15, 2024.
- Pending sales were 117 as of May 14, 2026.
- Buyer demand is heating up, with high activity in the $1M – $1.3M range, which had 24 pending contracts, the highest of any price bracket.
Seasonality is clearly driving demand, as buyers race to secure homes before the summer peak.
Closed Sales & Pricing Trends
Total closed sales for April 2026 reached 57.
- Total closed sales: 57
- YoY Comparison: April 2026 sales (57) were slightly higher than April 2025 sales (53), indicating a market similar to the previous year.
Notable Insight: The most active segment for closings was the $1M – $1.3M range with 10 sales, followed closely by the $700k – $900k range.
What This Means for Buyers
This month, buyers should be aware that while there is more inventory to choose from, competition is also stiffening. Supply remains extremely low (under 1 month) for homes between $500,000 and $600,000, meaning buyers in this bracket must act fast.
Negotiation power is strengthening slightly in the luxury market, where supply is abundant, but remains limited in the entry-to-mid levels.
What This Means for Sellers
For sellers, the big takeaway this month is that demand is high, but competition is arriving. With 218 active listings on the market, your pricing strategy is more important than ever.
If you are listed in the “sweet spot” of $500k – $800k, you are in a high-demand zone with relatively low supply.
Final Thoughts on the April Market
Overall, the market is trending upward in both activity and volume. As inventory and demand both climb, we are seeing a classic, robust Flagstaff pre-summer market.
Looking ahead to next month, we expect inventory to continue its seasonal climb as more owners look to list before the summer. We anticipate seeing the pending sales trend upward as well.
Ready to Buy, Sell, or Work Together?
Buyers: Thinking about buying in Flagstaff? Our team of local experts can help you navigate inventory, pricing trends, and the right neighborhoods for your needs.
Sellers: Curious what your home is worth in today’s market? We offer a free seller’s guide plus trusted local insights from a team with over 100 years of combined experience and deep roots in Flagstaff.
Agents & Referral Partners: Have a client considering Flagstaff? We love collaborating with other agents and are always available for co-brokerage partnerships.
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).