Real Estate News: Quarter 1 2026 Flagstaff Real Estate Market Update

housing market update for flagstaff, arizona in Q1 2026

1st Quarter Sales Report

For Flagstaff in 2026

 

Flagstaff Real Estate Q1 2026 Total Sales Overview

The first quarter of 2026 in the Flagstaff real estate market showed a slight recalibration compared to the previous year. For single-family homes, total sales dipped to 135 units from 151 in Q1 2025, though they remained slightly above 2024 levels.

TOTAL SALES Q1 2026

Flagstaff, Arizona total sales in Q1 2026

Q1 2026 Median Sales Price

Interestingly, while the median sales price for single-family homes decreased roughly 2% year-over-year to $773,204, the manufactured home segment saw a notable jump, with its median price rising from $398,000 in 2025 to $435,000 this year. Manufactured homes remain appealing due to value pricing for our overall market.

MEDIAN SALES PRICE Q1 2026

median sales in flagstaff, arizona for Q1 2026

Price Per Sq Ft in Q1

Value metrics also saw a shift, with the average price per square foot for single-family homes landing at $415.40, a decrease from the $446.16 seen during the same period last year. Townhomes held steady at $361.60 per square foot, while condos saw a significant rebound in their price-per-
foot metric, climbing back up to $452.99 after a dip in 2025.

This suggests that while overall volume and single-family pricing have cooled slightly, specific niches like condos and manufactured homes are maintaining strong demand.

average price per square foot for homes in Flagstaff, Arizona for Q1 2026

Inventory trends provide a clearer picture of current market velocity. Pending inventory levels remained remarkably flat through March and the first half of April, with 91 single-family homes pending as of April 8th. This steady pace of contracts indicates a consistent buyer pool despite the slight fluctuations in pricing.

As of April 10th, there were 197 active single-family homes on the market, offering a modest selection for spring buyers as the market prepares for its typically busier second quarter. Keep in mind that these figures reflect the first quarter of 2026, a period influenced by a variety of national and global events that inevitably impact the local Flagstaff housing market.

As the year progresses, time will tell whether these current shifts represent a temporary blip or the beginning of a continuing trend. You can bet we will be keeping an eye out for you, our clients.

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).

 

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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. Contact the Best Flagstaff Homes team for all of your Real Estate needs!

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).

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408 N Kendrick St, Ste. 1 Flagstaff, AZ 86001
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