Flagstaff AZ Real Estate Market Data Provided by The Broaddus Properties Group Brokered by eXp / by Ella Vilchez

 

Flagstaff Real Estate Market Report – August 2025 | Inventory, Pending Sales & Pricing Trends

Flagstaff’s August real estate market paints a picture of contrast. On one hand, inventory continues to grow, offering plenty of options for buyers. On the other, many of those homes are taking longer to move, reflecting a slower pace of demand. While the market isn’t as frenzied as in recent years, it’s creating unique opportunities. For buyers, it’s a chance to shop with less competition. For sellers, it’s a reminder that pricing and presentation matter more than ever to capture attention in today’s cautious climate. Prices remain high (median list price around $835,000, sold median near $748,250) and properties are lingering on the market (median days on market approx. 65–79 days), especially in the $600K-$800K segment, which is saturated with both listings and off-market properties. In short: it’s a buyer’s moment—if you’re patient, strategic, and clear on what you want.

As you navigate these numbers, keep an eye on ongoing changes in Flagstaff’s zoning and land‐use policy. In August 2025, the Coconino County Board of Supervisors approved a key zoning change in Doney Park, switching an agricultural-residential parcel to commercial general zoning. 

This move could open up new development possibilities, shift local land values, and influence how inventory and demand play out in the coming months.

 

FLAGSTAFF HOME SALES

Existing-home sales remained essentially the same in August, ticking down by 0.2% from July. Month-over-month sales increased in the Midwest and West, and fell in the Northeast and South. Year-over-year, sales rose in the Midwest and South, and fell in the Northeast and West.In August 2025, 121 homes were sold, a slight dip compared to the 129 homes sold in August 2024 (–6%). While the year-over-year decline suggests a cooling trend, the market remains above the 111 homes sold in August 2023, signaling some resilience despite broader headwinds.

Looking at the long-term trend, sales are significantly lower than the pandemic boom years, when August 2020 saw a peak of 228 homes sold and August 2021 recorded 185 homes. However, the current level is more consistent with the pre-pandemic era, such as 157 sales in 2018 and 161 in 2017, suggesting that the market is stabilizing into a more sustainable rhythm.

The data highlights that while demand has softened compared to the surge of 2020–2021, Flagstaff real estate remains relatively steady. Sales levels in 2025 reflect a normalization process, where affordability challenges, interest rate fluctuations, and inventory dynamics are creating a more balanced—if slower—market environment.

 

🏡 Buyer Tip:
Fewer homes sold this August (121 vs. 129 in 2024), giving you more leverage.
Use the slower pace to negotiate price reductions or seller concessions.

🏡 Seller Tip:
Demand has cooled compared to past peaks (228 sales in 2020 vs. 121 now).
Price competitively and highlight your home’s best features to attract serious buyers.

 

💬 Overall:
Flagstaff’s market is normalizing. Both buyers and sellers can win — but strategy is key in today’s cautious climate.

 

 

FLAGSTAFF HOME SALES BY TYPE

• 🏡 Single Family Homes: Sales dropped from 97 to 69, a -28.9% decline. This indicates a slowdown in buyer demand for single-family homes, which typically lead the market. Sellers here will need sharp pricing and strong marketing strategies.

• 🏘️ Townhomes: Sales fell from 17 to 12, a -29.4% decline. The townhome market shows weaker demand this year, likely reflecting affordability challenges or buyer preference shifting elsewhere.

• 🏢 Condos: Sales ticked up from 12 to 13, a modest +8.3% growth. This suggests steady-to-rising interest in condos, possibly driven by affordability compared to larger property types.

• 🏠 Other Property Types: Sales surged from 7 to 13, an impressive +85.7% increase. This growth shows buyers are exploring alternative property options, reflecting flexibility and creativity in meeting housing needs.

 

In July 2025, overall sales slowed (107 vs 133 in July 2024), but the composition of demand shifted. While single-family homes and townhomes cooled, condos and other property types saw gains, suggesting buyers are adapting to pricing pressures and exploring different ownership options.

 

*NAMLS Data as of 09/12/2025. Excludes Parks, Williams, & Other Areas

 

 

---

 

📰 NEWS: What’s New This Month in Flagstaff?

August 2025 isn’t just about numbers—it’s also a month of change and opportunity for Flagstaff real estate. One of the most notable updates is the proposed Pinehaven condo development at 2951 S. Masonic Lane, near Zuni Drive and Lone Tree Road. Plans call for an 83-unit community built in two phases, complete with trails, open space, and a clubhouse. This project represents a major rezoning effort—from Rural Residential and Suburban Commercial to Medium Density Residential—and highlights the city’s push to balance growth with community amenities.

At the same time, Flagstaff and Coconino County are advancing their Regional Land Use Plan 2045 and the Envision 2045 Comprehensive Plan, long-term blueprints that will shape zoning, infrastructure, and growth for decades to come. These initiatives signal that while current sales activity may be slow, the region is laying the groundwork for future development, density shifts, and new housing opportunities.

 

💡 What This Means for You

• For Buyers: With new condo projects and land-use updates in motion, more housing options could open up in the next few years. For now, the slow pace of sales gives you leverage to negotiate in a buyer-friendly market.

• For Sellers: Staying competitive is crucial. Properties that are priced right and marketed effectively are the ones that stand out, especially with fresh supply on the horizon. Now is the time to work with a team that understands how to position your property against growing competition.

 

 

WHAT'S DRIVING THE MARKET?

"Home sales have been sluggish over the past few years due to elevated mortgage rates and limited inventory," said NAR Chief Economist Lawrence Yun. "However, mortgage rates are declining and more inventory is coming to the market, which should boost sales in the coming months."

said National Association of Realtors Chief Economist Lawrence Yun

 

 

 

📖DOWNLOAD THE FULL FLAGSTAFF MARKET REPORT HERE TO LEARN MORE 🔦

 

CHECK OUT OUR LISTINGS:

Experience Elevated Living: Ranch Home with Mountain Views & Open Floor Plan in Flagstaff

If you’ve been dreaming of a home that offers peace, comfort, and breathtaking views—all wrapped into one—this charming single-level ranch-style home in Flagstaff is calling your name. Step inside and feel the warmth of a space designed to connect you with the natural beauty that surrounds it. With an open and airy layout, the home is flooded with natural light from oversized windows.

 

Flagstaff Dream Home: Custom-Built Retreat with Deck & Forest Views

Welcome to your own private sanctuary in one of Flagstaff’s most desirable neighborhoods—a place where mountain serenity meets timeless craftsmanship. This exceptional residence isn’t just a home; it’s a handcrafted retreat that embraces the beauty of nature while offering warmth, comfort, and connection at every turn.

 

A Once-in-a-Lifetime Opportunity: Own a 480-Acre Historic Arizona Ranch with Ancient Petroglyphs

Rarely does a property of this magnitude and historical significance become available. Spanning an impressive 480 acres of pristine Arizona landscape, this extraordinary ranch is more than just land—it is a living testament to human history, home to one of the most significant concentrations of ancient petroglyphs in North America. Some of these etchings date back over 13,000 years, making this property one of the oldest and most culturally significant privately owned sites in the world. 

 

 

AUGUST 2025 SPOTLIGHT

FLAGSTAFF'S PRICIEST HOMES SOLD in AUGUST

August's high-end real estate market showcased exceptional homes in Flagstaff’s most sought-after communities. Here are the top sales of the month:

 

🏡 Highest-Priced Single-Family Home

💰 $ 4,799,000 | 📍 745 - Forest Highland

Nestled on 2.35 wooded acres in a tranquil cul-de-sac in Forest Highlands, this 5,278 sq ft masterpiece redefines mountain modern elegance. Encircled by towering pines and wrapped in serene privacy, this architectural gem is a haven for those seeking luxury and tranquility.

 

🏢 Highest-Priced Condo

💰$ 1,250,000 | 📍220 - Pine Canyon

Experience luxury living in this stunning 3-bedroom, 3.5-bath condo nestled within the prestigious guard-gated community of Pine Canyon in Flagstaff. This upper-level retreat boasts an open-concept floor plan, seamlessly blending style and functionality.

 

🏢 Highest-Priced Townhome

💰 $ 1,100,000 | 📍800 - Flagstaff Ranch

An Incredible opportunity for this beautiful 3-bed/3.5-bath with views of the #16 tee box in the highly desired Flagstaff Ranch Golf & Country Club. This is sophisticated townhome living in this expansive 2,761-square-foot residence. Boasting 3 spacious bedrooms, each with its own en-suite bathroom, this home is the perfect lock-and-leave mountain home. 

*NAMLS Data as of 09/12/2025. Excludes Parks, Williams, & Other Areas

 

---

 

THE MOST AFFORDABLE FLAGSTAFF HOMES SOLD in AUGUST

Flagstaff’s real estate market isn’t just about luxury— August 2025 also saw great opportunities for budget-conscious buyers. Here are the most affordable sales of the month:

 

🏡 Lowest-Priced Single-Family Home

💰 $ 454,00 | 📍 450 - Smokerise

Welcome to a Wonderful Single-Level Home in Smokerise. This 3-bedroom, 2-bath home offers tons of potential and possibility in a convenient and family-friendly neighborhood. Set on a quiet lot with mature landscaping and stunning mountain views, this single-level layout features a wood-burning fireplace, 2-car garage, and a private backyard—perfect for relaxing and creating your dream outdoor space. 

 

🏢 Lowest-Priced Condo

💰 $ 242,000 | 📍  155 - University Meadows

This ground level unit is perfect for the student at NAU, or second home. Conveniently located across from the Music center on campus and close to shopping, restaurants, NAU and downtown Flagstaff. Newly painted interior. Stack unit Washer & Dryer included. Monthly HOA covers water, trash, sewer and hot water.

 

🏢 Lowest-Priced Townhome

💰 $ 370,000 | 📍 440 - Christmas Tree

Move-In Ready or Great Investment Opportunity Check out this 2 Bed/2.5 Bath located in a convenient East Flagstaff neighborhood near the Flagstaff Mall, restaurants, and outdoor recreation. This 2-story home features a newly painted interior and newer vinyl plank flooring throughout the main living areas, offering a clean and modern feel. 

*NAMLS Data as of 09/12/2025. Excludes Parks, Williams, & Other Areas

 

📩 Looking for an affordable home in Flagstaff? Search Affordable Homes Here

 

 

---

 

💡TIPS AND ADVICE FOR HOME SELLERS AND BUYERS

The Fall Buyer and Seller Guides are here. 

📲 Let’s connect if you want to see the new builds available in and around our area.

 

 

📈 If you’d like to look at what’s available on the market, you can view the homes that are available in the Northern Arizona MLS right now:

Click here to see all Flagstaff homes for sale

Search Northern Arizona Homes For Sale

Sign up for free to receive our updates about coming soon properties and homes for sale not listed on the MLS. I can set up a customized search so you’ll get notified when new listings that meet your criteria hit the market.

 

---

If you’re curious about what your home is worth in today’s market, click the image below, then enter your address to instantly calculate your home’s value in today’s market based on recent Flagstaff home sales

 

---

Why Work With Broaddus Properties Group?

When you choose Broaddus Properties Group, you’re working with Northern Arizona’s top-performing real estate team led by award-winning agent Kelly Broaddus.

Kelly’s Latest Achievements

• #5 eXp Realty Top 250 Individual Agent 2023 (US).
• 2024 FastExpert Top Real Estate Agent in Flagstaff, Williams, and Arizona.
• Real Trends America's Best 2024:
  • #9 Individual Agent in Arizona (By Volume).
  • #21 Top Agent in Arizona (By Sides).
• Consistently an eXp Realty ICON Agent (2018–2024).

Proven Expertise and Results

• $64M in sales volume (2021) as Northern Arizona’s top-producing team.
• Recognized for superior negotiation and personalized service.

With Broaddus Properties Group, you gain a trusted partner with a track record of excellence.

📞 Call us at 888.446.5602 or 📧 email transactions@bpgteam.com to start your journey today!

 

Career Opportunities at Broaddus Properties Group

---

Explore More Real Estate Insights

Stay informed with our expert tips and market updates:

Your Next Move Starts Here

Whether you’re buying, selling, or exploring your options, we’re here to help. Contact us today at 888.446.5602 or email transactions@bpgteam.com to get started.

📌 Save this blog or share it with someone interested in the Flagstaff real estate market!