Learn how to find out your home’s true value, from simple solutions like online valuations to more involved strategies like comparative market analysis.
Ever wonder how much your home is actually worth? Whether you're thinking about selling, refinancing, or just curious, knowing your home’s true value is essential. But here’s the issue—many homeowners rely on the wrong sources and leave money on the table.
Most people turn to quick online estimates, but those tools can be off by tens of thousands of dollars. If your home is priced too high, buyers may overlook it. Price it too low, and you’re walking away from potential profit. And when refinancing, an inaccurate valuation could mean missing out on thousands in equity. So, how do you ensure you’re working with the right number? Having helped countless homeowners maximize their home’s value, I can tell you this: understanding your home’s worth isn’t just about numbers—it’s about making informed financial decisions. There are three key ways to determine your home’s true value:
1. Comparative market analysis. This is a professional assessment done by a real estate expert—like me! A CMA compares your home to similar recently sold homes in your area, factoring in size, features, location, and market trends. It’s free and far more accurate than online tools.
"Websites like Zillow and Redfin provide quick estimates, but you shouldn’t rely on them alone."
2. Professional appraisal. A licensed appraiser provides an unbiased valuation, often required for refinancing or loans. They assess your home’s condition, upgrades, and market comps. It’s the most precise method but comes at a cost of a few hundred dollars.
3. Online valuation tools and research. Websites like Zillow and Redfin provide quick estimates, but you shouldn’t rely on them alone. Cross-check multiple sources and look at recently sold homes that closely match yours for a more accurate picture.
Which is the best option for you? If you’re selling, a CMA gives you an accurate market value. If you’re refinancing, an appraisal is necessary. And if you’re just curious, online tools can be a starting point—but always verify with expert insight. If you’re thinking of selling or refinancing and want a precise, expert-backed valuation, let’s talk. I offer a free, no-obligation home valuation to help you make the best decision. Just call or email me to get started.
Kelly Broaddus | eXp Realty | 888.446.5602 | Contact Kelly
SOLD! Expansive Multi-Generational Home in Flagstaff with Mountain Views, Bonus Rooms & Rental Potential
4 Beds | 3 Baths | $ 799,000
Room to Grow: Spacious Flagstaff Home with Bonus Rooms, Mountain Views & Rental Potential
If you’ve been dreaming of more space—for your family, your hobbies, or even a future income opportunity—this Flagstaff gem might be the perfect fit.
Tucked into a peaceful loop within a larger neighborhood, this expansive 4-bedroom, 3-bathroom home offers a rare combination of privacy, flexibility, and room to grow—inside and out. With 3,484 square feet of living space, multiple bonus rooms, and a third-acre lot with gorgeous mountain views, this property was designed for those who crave both functionality and serenity.
A Layout Designed for Real Life
Step inside the upper level, where you’ll find three generously sized bedrooms and two full bathrooms. The heart of the home features an open-concept kitchen, living, and dining area—perfect for gathering with friends and family. A conveniently located laundry room and direct access to the attached garage make everyday living a breeze.
But what really sets this home apart is the walkout basement. Downstairs offers its own living space, complete with a fourth bedroom, a large flex room that could serve as an office or guest suite, and a massive hobby room with its own exterior entrance—a dream come true for artists, woodworkers, or anyone in need of a workshop or creative studio.
Ideal for Multi-Generational Living—or a Separate Rental
Whether you're raising a growing family, living with extended relatives, or simply want space to spread out, this home delivers. With two distinct living areas, everyone can enjoy privacy while staying connected. The lower level could easily function as a separate living quarters or even be converted into a rental unit—especially appealing since there’s no HOA to restrict your plans.
A Neighborhood That Feels Like Home
Although located within a larger community, the home’s position on a quiet loop gives it a micro-neighborhood feel, with minimal traffic and sidewalks on both sides of the street. It’s the kind of place where kids can safely ride their bikes, neighbors wave hello, and a sense of community is easy to come by.
Outdoor Living, Elevated
Enjoy your morning coffee or host weekend BBQs on the expansive decks on both levels, surrounded by mature trees and breathtaking mountain views. The backyard offers ample space to garden, play, or simply unwind in nature’s embrace.
Traveling south on Beulah Blvd under the I40 overpass, take a right on W University Heights Dr N. Follow for 1.2 miles, and turn right on Lindsey Loop. Follow the curve to the left, home is on the right.
Amusement & Recreation
Wheeler Park- A great place to stay cool under the trees and enjoy the outdoors with family.
Thorpe Park Center- Great place for the whole family including the furry ones. There are plenty of activities for the kids, a playground area, picnic tables, lots of grass areas, sports fields, a dog park, adequate parking.
Dining Nearby
Visit Olive Garden Italian Restaurant, they offer great menu choices with many healthy (gluten and vegan ) options. You can also drop by at Delhi Palace to try their high quality, traditional Indian cuisine. Your Pie Pizza serves satisfying pizza and pasta with a nice selection of local brews and wine
Nearby Schools
Manuel DeMiguel Elementary School
Mount Elden Middle School
Flagstaff High School
University Highlands Neighborhood Information
University Highlands is a beautiful community rich with evergreen trees and nature all around. Offering an assortment of beautiful styles, varying sizes and affordable prices to choose from. Visit the University Highlands community page for more information.
Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see other houses for sale in Flagstaff.
Flagstaff AZ Real Estate Market Data Provided by The Broaddus Properties Group Brokered by eXp / by Ella Vilchez
What’s Happening in Flagstaff Real Estate? February 2025 Market Breakdown
🎯 For Buyers:
February in Flagstaff is bringing more than just snowy adventures—it’s delivering serious opportunity for buyers. With only one pending sale and 195 active listings, the market is slow, and that means motivated sellers and room to negotiate. Luxury homes are leading the charge, but inventory is high across the board—especially in the $800K–$1M range. Plus, with WinterFest lighting up the town, it’s a great time to explore the area while house hunting in this scenic mountain market.
🏡 For Sellers:
The Flagstaff market is taking a breather this February, with just one home under contract out of nearly 200 listings. If you're a seller, now is the time to stand out with smart pricing and strong marketing—especially in the mid-range segments where competition is steep. The good news? Flagstaff’s WinterFest is in full swing, drawing both locals and visitors alike, which means more eyes on your listing and a chance to highlight what makes your property special.
💼 For Investors:
Flagstaff's February 2025 market is offering a window of opportunity for savvy investors. With only a 0.5% pending ratio and a glut of active listings—particularly in the $800K–$1M range—this could be the moment to snag deals and build equity in one of Arizona’s most desirable mountain towns. As the city celebrates WinterFest this month, tourism is buzzing—hinting at potential short-term rental appeal for the right property.
Still, this year’s figures remain in line with pre-pandemic norms, such as the 67 homes sold in 2019 and 69 in both 2017 and 2018. Although February 2025 sales sit below the 10-year average, the data suggests a market that may be stabilizing after recent highs and lows.
🏡 Buyer Tip:
With sales activity down, competition may be lighter, giving buyers more room to negotiate pricing or request concessions. It’s a good time to shop if you’re seeking more flexibility and options—especially before the spring market heats up.
🏡 Seller Tip:
While fewer buyers may be out shopping, those who are tend to be serious and motivated. To stand out in a cooling market, make sure your pricing is strategic and your home is well-prepped and marketed to attract interest quickly.
FLAGSTAFF HOME SALES BY TYPE
The February 2025 Flagstaff home sales data reveals a mixed performance across property types compared to February 2024.
Single-family homes recorded a 23.5% decline, dropping from 51 sales in 2024 to 39 in 2025—reflecting a cooling trend in this segment.
In contrast, townhomes experienced impressive growth, climbing 83.3% from 6 to 11 sales, indicating rising demand for more affordable or lower-maintenance housing.
Condos saw a 42.9% decrease in sales, falling from 7 to 4 units sold.
The “Others” category remained steady, with 9 sales in both years, resulting in 0% growth.
While total sales dropped from 73 in February 2024 to 63 in February 2025, the significant uptick in townhome purchases suggests buyers may be shifting priorities toward more flexible and cost-effective housing options amidst a changing market landscape.
*NAMLS Data as of 03/20/2025. Excludes Parks, Williams, & Other Areas
📊 Buyer Tip:
This market presents a potential advantage for buyers, especially in the single-family and condo segments, where sales are slowing. With less competition, you may have room to negotiate on price, terms, or seller concessions. Consider townhomes if you're looking for value in a growing category.
📊 Seller Tip:
For sellers of single-family homes or condos, strategic pricing and standout presentation will be key to attracting motivated buyers. If you're selling a townhome, now is a great time to list—demand is clearly rising, and inventory may still be limited.
WHAT'S DRIVING THE MARKET?
"Despite the modest monthly increase, contract signings remain well below normal historical levels. A meaningful decline in mortgage rates would help both demand and supply – demand by boosting affordability, and supply by lessening the power of the mortgage rate lock-in effect."
Home Sales Surge: 63 homes sold, 10.4% decrease vs. February 2024
Median Home Price:$659,000, a 6.7% decrease from February 2024.
Mortgage rates:According to Bankrate.com, On Thursday, March 27, 2025, the current average interest rate for the benchmark 30-year fixed mortgage is 6.70%, falling 2 basis points since the same time last week. For homeowners looking to refinance, the current average interest rate for a 30-year fixed refinance is 6.75%, rising 3 basis points compared to this time last week.
Days on Market (DOM): 1,618 Days. This is a TO BE BUILT, 1,158 sq ft residence features 2 BD and 2 BA.
Luxury Market: The Institute for Luxury Home Marketing has established the luxury benchmark price for single-family homes in Flagstaff at : $975,000. The LUXURY BENCHMARK PRICE is the price point that marks the transition from traditional homes to luxury homes.
The single-family luxury market is a Balanced Market with a 13% Sales Ratio.
Homes sold for a median of 97.67% of list price in February 2025.
The most active price band is $975,000-$999,999, where the sales ratio is 43%.
The median luxury sales price for single-family homes is $1,430,625.
The median days on market for February 2025 was 132 days, up from 122 in February 2024.
Days on Market (DOM): 96 days — higher than the 6-month average of 79 days
Fastest-selling price range: $1.8M–$2.0M
List-to-sale ratio: 99.5%
Absorption rate: 2.6 months of inventory
🔍 What this means: Rising days on market and a decrease in median prices suggest that buyers may have more negotiating power right now—especially if a property has been sitting on the market. With a list-to-sale ratio of 99.5%, homes are still selling close to asking, but there may be room for strategic offers on properties with longer DOM. This is a great time to shop carefully and leverage market insights to your advantage.
📉Buyer Tip:
With longer days on market, negotiation opportunities may increase, especially for higher-priced homes. However, demand for affordable homes remains high, so buyers should be prepared to act fast in that segment.
📈Seller Insight:
Although homes are taking longer to sell, the high list-to-sale ratio shows that well-priced and well-marketed homes are still closing near asking price. To stay competitive, it’s important to price your home accurately and make sure it stands out—especially as buyers become more selective. If your home is in a high-demand segment (like the $1.8M–$2.0M range), you may still benefit from faster sales.
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.
FEBRUARU 2025 SPOTLIGHT
FLAGSTAFF'S PRICIEST HOMES SOLD in FEBRUARY
February’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 💰 $5,100,000 | 📍 Pine Canyon
Featuring 4 bedrooms, 4.5 baths, and a large office off of the Primary suite, this masterfully designed single level floorplan sits on one of the most breathtaking lots in Northern Arizona's most premier private club - Pine Canyon, and is truly in a class of its own.
🏢 Highest-Priced Condo 💰 $381,250 | 📍 Woodshire
Nestled among the towering Ponderosa trees, this community unveils a distinctive collection of two-story bungalows that seamlessly blend affordability with an unmistakable touch of elegance.
🏘 Highest-Priced Townhome 💰 $835,994 | 📍 Canyon Del Rio
Amazing location in the heart of Flagstaff, The Point offers several floor plan option. Lot 39 features plan 2370A, with 3 bedrooms, 3.5 baths and a loft.
*NAMLS Data as of 03/27/2025. Excludes Parks, Williams, & Other Areas
THE MOST AFFORDABLE FLAGSTAFF HOMES SOLD in FEBRUARY
Flagstaff’s real estate market isn’t just about luxury—February 2025 also saw great opportunities for budget-conscious buyers. Here are the most affordable sales of the month:
🏡 Lowest-Priced Single-Family Home 💰$188,600 | 📍 Kachina Village
Charming 3-bedroom, 1-bath home in Kachina Village! This single-level retreat offers 1,308 sq. ft. of comfortable living space, featuring a wood-frame build, painted finish, and a comp shingle roof.
🏢 Lowest-Priced Condo 💰 $340,000 | 📍 University Meadows
Featuring 2 bedrooms and 2 modern bathrooms, this residence is ideal for both relaxation and entertaining. Step inside to find stunning vinyl plank flooring throughout, adding a touch of contemporary elegance to the space.
🏘 Lowest-Priced Townhome 💰 $410,000 | 📍 Christmas Tree
Fabulous 3 bedroom, 2 bathroom townhome with no HOA and a 1 car detached garage. Spacious fenced backyard landscaped with pavers and a firepit, 2 car driveway, exterior storage closet, swamp cooler for those warm summer days, master bedroom & bathroom on the main level and a bonus room upstairs perfect for an office or playroom.
*NAMLS Data as of 02/21/2025. Excludes Parks, Williams, & Other Areas
Over the past 5 years, home prices have risen dramatically. If you own a home, that means your house may be worth a lot more than you think.
Nationally, prices are up nearly 60% since 2019. And, if selling has been on your mind, you can use that bigger-than-expected return to power your next move.
Do you want to know how much your home is worth in today’s market? Let’s connect. The number may surprise you. 🏡✨
💡TIPS AND ADVICE FOR HOME BUYERS
Buying a home isn’t just a transaction – it’s a journey. And like any great adventure, having a solid roadmap makes all the difference. From building your dream team to getting pre-approved, house hunting, and signing the papers on closing day – each milestone is an achievement. Your journey starts here. Let’s connect so you have help every step along the way.
📈 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:
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 kelly.broaddus@exprealty.com to start your journey today!
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 kelly.broaddus@exprealty.com to get started.
📌 Save this blog or share it with someone interested in the Flagstaff real estate market!
The report examines the luxury real estate markets in Canada and the U.S. as of early 2025, highlighting economic trends, demographic shifts, and changing buyer preferences.It provides a comparative analysis of market performance in major metropolitan areas, noting both similarities and differences between the two countries.Key insights include sales data from February, inventory levels, buyer behavior, and the impact of interest rates, offering a comprehensive overview of the current state of the luxury real estate sector in North America.
The State of the Luxury Real Estate Market in 2025
As we move through 2025, the luxury real estate markets in Canada and the U.S. are evolving amidst shifting economic conditions, buyer preferences, and rising inventory levels. While the year began with optimism due to declining interest rates and strong demand, economic concerns have led to cautious investor sentiment.
📊 Market Trends & February Data
🏡 Sales Growth: Single-family home sales increased by 4.4% year-over-year and 16.2% month-over-month, while condo and townhome sales rose 2.3% annually and 18.7% from January.
🛒 Inventory Expansion: Single-family home inventory jumped 24.2% year-over-year, while condos and townhomes saw a 27.8% increase in available listings. However, new listings are entering the market at a slower pace, reflecting seller caution.
🌍 Global Perspective
Despite economic uncertainty, global real estate investment is stabilizing. Investor interest remains strong, particularly in prime residential and build-to-rent developments in cities like London, Tokyo, and Paris.
🚨 Conclusion
Luxury real estate remains a dynamic sector in 2025. With increasing inventory and evolving buyer preferences, strategic decision-making is crucial. Whether buying, selling, or investing, working with a luxury property specialist can provide valuable insights into this changing landscape.
📍 Flagstaff Luxury Real Estate Market Summary – February 2025
The Flagstaff single-family luxury home market remained balanced in February 2025, with key trends reflecting shifts in inventory, pricing, and demand.
Market Highlights:
Balanced Market: The sales-to-inventory ratio stood at 13%, indicating a stable market environment.
Home Sales & Pricing:
Median sale price rose 16% year-over-year to $1.43M.
Sales volume declined by 38%, with only 8 homes sold compared to 13 in February 2024.
Homes sold at an average of 97.67% of the list price, a slight increase from 96.50% the previous year.
Inventory & Market Activity:
Total inventory declined 9% from 66 to 60 available homes.
The most active price range was $975,000-$999,999, with a 43% sales ratio.
Days on Market & Pricing Trends:
Homes took longer to sell, with the median days on market increasing from 122 to 132 days.
The price per square foot surged 18%, from $427 to $502.
🎯Takeaway:
While home prices and price per square foot increased, sales volume dropped significantly, and properties are taking longer to sell. The market remains balanced, but cautious buyer sentiment is evident, making strategic pricing essential for sellers.
📍Flagstaff Luxury Inventory vs. Sales – February 2025
The Flagstaff luxury real estate market remains balanced, with total inventory at 60 homes and 8 total sales, reflecting a 13% sales ratio.
Key Highlights:
Most Active Price Range: The $975,000 - $999,999 segment had the highest sales activity, with 3 homes sold out of 7 available, indicating strong demand in this price bracket.
Luxury Market Breakdown:
Inventory is spread across various price points, with high-end homes above $2.5M seeing limited sales activity.
Homes priced between $1M and $1.5M saw consistent movement, with several price bands showing 1-2 sales.
Sales Ratio by Square Footage:
Homes under 2,499 sq. ft. had the highest sales ratio at 25%, with 3 out of 12 homes sold.
The 2,500 - 2,999 sq. ft. category had an 18% sales ratio, with 3 out of 17 homes sold.
Larger homes above 4,000 sq. ft. saw minimal sales activity.
🎯Takeaway:
Demand remains strongest for mid-range luxury homes ($975K - $1.5M).
Larger and ultra-luxury properties face longer market times due to lower buyer demand.
The balanced market conditions indicate that strategic pricing is essential to attract buyers in different price segments.
For homeowners looking to sell or buy their luxury home in today’s market we recommend working with a realtor who can provide you with critical knowledge about your local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.
GET IN TOUCH
It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the Flagstaff luxury market effectively to achieve your goals. Contact us at kelly.broaddus@exprealty.com or call 888.446.5602.
Kelly Broaddus | eXp Realty | 888.446.5602 | Contact Kelly
SOLD! 12-Acre Ranch for Sale in Holbrook, AZ – Fenced Pastures, Private Well & Guest House!
4 BD | 2 BA | $ 225,000
12-Acre Ranch in Holbrook, AZ – A Private Retreat with Endless Possibilities
If you've been dreaming of a rural escape with ample space for animals, agriculture, or simply enjoying the serenity of wide-open landscapes, this 12-acre ranch in Holbrook, Arizona, is a must-see. Offering a blend of practicality and charm, this fully fenced property is designed to support livestock, horses, or any agricultural pursuits you envision.
A Well-Equipped Ranch with Reliable Water Access
One of the standout features of this ranch is its private well with irrigation rights, ensuring a dependable water source for pastures, livestock, or crops. Multiple fenced pastures allow for easy animal management and rotational grazing, making this property ideal for those seeking a functional and self-sustaining homestead.
Comfortable Living with a Spacious Home & Guest House
The 1,716 sq. ft. manufactured home on the property is thoughtfully designed with a split-bedroom layout, providing privacy and comfort for the entire household. The galley-style kitchen is equipped with a gas stovetop, perfect for preparing home-cooked meals, while the primary suite features an ensuite bathroom with a large soaking tub, offering a relaxing retreat after a long day.
Additionally, a separate guest house is situated on the property. With some finishing touches, it could be transformed into extra living space, a rental unit, or a private retreat for visiting family and friends.
Versatile Workshop & Storage Space
For those who need space for equipment, vehicles, or projects, the oversized metal shop building is a valuable asset. With two large doors, this structure is ideal for a workshop, additional storage, or shelter for farm equipment and vehicles.
A Scenic and Peaceful Lifestyle
Surrounded by expansive views and open skies, this ranch offers a peaceful atmosphere far from the hustle and bustle of city life. Holbrook, known for its rich Western history and Route 66 charm, provides essential amenities while maintaining its small-town character. Plus, with easy access to I-40, you’re never too far from conveniences while still enjoying the seclusion and tranquility of Northern Arizona.
Who Is This Property Perfect For?
This ranch is an excellent fit for: ✔️ Those looking to establish a working ranch or hobby farm ✔️ Horse owners and livestock caretakers seeking ample pasture space ✔️ Buyers interested in a self-sufficient, off-grid lifestyle ✔️ Anyone who loves stargazing, nature, and peaceful country living
Schedule a Tour Today!
Don’t miss the opportunity to own this versatile 12-acre ranch in Holbrook, AZ! Whether you're looking to expand your agricultural ambitions or simply enjoy a quiet retreat with stunning desert landscapes, this property has something for everyone.
Holbrook is located along Interstate 40, serving as a gateway to the breathtaking Painted Desert and Petrified Forest National Park. The area features a stunning mix of rolling desert terrain, unique geological formations, and expansive views of the Arizona sky. The town's elevation of approximately 5,000 feet provides a cooler climate compared to the lower desert regions, making it an inviting place for year-round living.
Attractions & Recreation
Petrified Forest National Park – A world-renowned destination featuring fossilized trees, vibrant badlands, and miles of hiking trails.
Painted Desert – A striking landscape of colorful, eroded rock formations stretching across the horizon.
Historic Route 66 – Experience the nostalgia of America’s most famous highway with classic diners, vintage motels, and roadside attractions.
Meteor Crater – A short drive away, this massive impact crater offers a fascinating glimpse into Earth's geological history.
Little Painted Desert County Park – A hidden gem with incredible panoramic views of layered rock formations and vibrant desert hues.
Whether you’re seeking a home with acreage, a cozy desert retreat, or an investment property, Holbrook presents opportunities for buyers and sellers alike. With its growing interest as a Route 66 destination and proximity to natural wonders, Holbrook continues to attract those looking for adventure and tranquility in northern Arizona.
Schools
Holbrook Indian School (K-12)
Park Elementary School (K-5)
Holbrook Junior High School (6-8)
Holbrook High School (9-12)
Holbrook Neighborhood Information
Holbrook is located along Interstate 40, serving as a gateway to the breathtaking Painted Desert and Petrified Forest National Park. The area features a stunning mix of rolling desert terrain, unique geological formations, and expansive views of the Arizona sky. The town's elevation of approximately 5,000 feet provides a cooler climate compared to the lower desert regions, making it an inviting place for year-round living.
Meet Joe Edden, a New York transplant turning $100K leads into million-dollar deals and hitting his first-year goals in record time.
Are you looking for a Realtor who genuinely cares about your needs? Today, I’d like to introduce Joe Edden, our team's dedicated and driven Realtor. Let me share his real estate story with you.
Our journey together began when I sold Joe a house five years ago, and last September, he came to my office to discuss joining our team. He had checked out several brokerages in Flagstaff and wanted to share what he learned.
Most people told him that in your first year in real estate, you might only sell one or two houses. But when he talked to me, I said, "We're definitely going to exceed that." At first, he was a bit unsure if things would really be different here, but in his first month, he sold a home, and it’s been a series of success ever since.
With a nearly million-dollar deal already under contract, he’s on pace to hit $100K in his first year—and he’s just getting started. Joe shared three reasons why he’s thriving in real estate:
1. The “no lead too small” mentality. His positive attitude and tenacity are truly inspiring. He readily takes on challenging leads that others shy away from, transforming modest $100,000 opportunities into significant successes. Joe is dedicated to working with anyone, guiding them toward their dream home every step of the way.
"Joe’s dedication to his clients shines through; they appreciate his genuine care and commitment."
2. Growth mindset. Originally from New York, Joe has fully embraced the Flagstaff area and is expanding his expertise in the Verde Valley, including Cottonwood and Camp Verde. He’s also taking on listings in Phoenix, showcasing his adaptability and eagerness to serve clients wherever they are.
3. Heart of a business owner. Joe’s background in running a telecommunications company provides him with a unique perspective on the importance of consistency and perseverance in real estate. This experience shines through in his interactions with clients, as he always strives to make them feel valued and understood.
If you need a Realtor who truly cares about your experience, contact Joe Edden at (516) 459-1616 or joe.edden@bpgteam.com. He goes above and beyond for his clients, and it's no wonder they love working with him.
Broaddus Partners Group | PLACE | eXp Realty | 888.446.5602
Flagstaff Dual-Home Investment Opportunity Near Downtown | STR-Friendly Property with Income Potential
6 BA | 4 BD | $ 1,389,000
If you’ve been searching for a rare Flagstaff property that combines location, flexibility, and income potential, this exceptional dual-home opportunity deserves your attention. Tucked into a quiet neighborhood just minutes from downtown Flagstaff, this unique property offers two fully furnished homes with endless possibilities for homeowners, investors, and vacation rental buyers alike.
Today, let’s take a virtual tour through this incredible Flagstaff investment property and explore why opportunities like this are so hard to find in Northern Arizona.
Welcome to One of Flagstaff’s Most Flexible Investment Properties
As you arrive at the property, you immediately notice the peaceful setting and convenient location. Surrounded by the beauty of Flagstaff’s mountain lifestyle, you’re only a short drive from some of Arizona’s most iconic destinations, including:
Downtown Flagstaff
Arizona Snowbowl
Sedona
Grand Canyon National Park
Whether future guests are visiting for skiing, hiking, NAU events, or weekend getaways, this location places them close to everything that makes Northern Arizona so desirable.
Even better? There’s no HOA and no rental restrictions, making this property especially appealing for buyers looking to maximize short-term rental income or create a flexible living arrangement.
Step Inside the Primary Residence
Walking through the front door of the main home, you’re welcomed into a warm and inviting living space designed for comfort and functionality. Natural light fills the home, while the layout creates an easy flow between the living, dining, and kitchen areas.
The main-level primary bedroom adds convenience and accessibility, offering a private retreat away from the upstairs living quarters. Whether used as a full-time residence or vacation rental, this thoughtful floorplan works beautifully for a variety of lifestyles.
Upstairs, you’ll find two additional bedrooms and a full bathroom, creating comfortable accommodations for guests, family, or renters. The separate laundry room adds practical convenience rarely found in vacation-style properties.
And because the home comes fully furnished, buyers can immediately transition into full-time living or continue operating the property as a successful vacation rental from day one.
The Second Home Adds Even More Opportunity
Now let’s explore the second home — one of the most exciting features of this property.
Much like the primary residence, the second home carries the same inviting charm and turnkey appeal. Fully furnished and move-in ready, it creates incredible flexibility depending on your goals.
Imagine the possibilities:
Live in one home and rent the other
Create a multi-generational living setup
Generate dual short-term rental income
Offer long-term rental housing
Use one property as a guest house or private office retreat
In today’s Flagstaff market, properties that offer multiple income streams and flexible living arrangements are increasingly difficult to find.
A Hidden Opportunity: Expansion Potential
One of the most intriguing features of both homes is the unfinished basement space with dirt floors.
For visionary buyers and investors, these areas offer exciting future potential. Imagine transforming the basements into:
Additional rental units
Bonus entertainment spaces
Guest quarters
Recreation rooms
Storage or workshop areas
Expanding these spaces could significantly increase usable square footage while creating even greater income potential over time.
Why This Property Stands Out in Flagstaff
Flagstaff continues to attract buyers seeking mountain living, vacation homes, and income-producing real estate. However, finding a property that offers:
✅ Two homes ✅ STR potential ✅ No HOA ✅ Fully furnished interiors ✅ Expansion opportunities ✅ Prime location
—all in one package is exceptionally rare.
This property delivers a unique combination of lifestyle and investment appeal that’s becoming harder to find in Northern Arizona.
A Property Designed for Multiple Buyer Types
This home isn’t just for one kind of buyer. It’s ideal for:
Investors
Generate income through short-term or long-term rentals in a highly desirable tourism market.
Primary Homeowners
Live comfortably while offsetting expenses by renting the second home.
Multi-Generational Buyers
Create privacy and independence while keeping loved ones close.
Vacation Home Buyers
Enjoy a mountain getaway while earning income when not in use.
Experience the Best of Flagstaff Living
Living here means easy access to everything that makes Flagstaff special:
Four-season outdoor recreation
Skiing at Arizona Snowbowl
Hiking and biking trails
Historic downtown restaurants and breweries
Northern Arizona University
Scenic drives to Sedona and the Grand Canyon
Whether you’re looking for investment potential, flexible living, or a unique Northern Arizona property, this dual-home opportunity offers an exceptional chance to own a piece of Flagstaff.
Schedule Your Private Tour Today
Properties with this level of versatility and income potential don’t come along often in Flagstaff. Whether you’re ready to expand your investment portfolio or searching for a one-of-a-kind mountain property, this is an opportunity worth exploring.
📍 Listed by Kelly Broaddus
Contact Kelly today to schedule your private showing and discover the possibilities this exceptional Flagstaff property has to offer.
Looking for an unusual menu with great range of flavors? Nomads Global Lounge a great place for you. This is also a great place for dinner with a group. If you're looking for crafted BBQ and Cajun cooking drop by at Satchmo’s, it's just a small detour from the main road. You must try pizza with soppresetta, pistachio and honey at the Fat Olives.
Amusement and Recreation
Lowell Observatory - Astronomical observatory where the planet Pluto was discovered. Great place to go if you want to enhance your knowledge about astronomy, time with the stars on the horizon explained, and a chance to look through the giant telescope.
Museum of Northern Arizona - Excellent local museum, lots of native american archeology and Anaszi artifacts.
NAU Art Museum - Includes an exhibit building, research labs, and state of the art collections facilities for more than five million Native American artifacts, natural science specimens, and fine art pieces.
Schools
Children in this community typically go to the following nearby schools:
W F Killip Elementary School P-K5
Sinagua Middle School 6-8
Coconino High School9-12
Sunnyside Neighborhood Information
Sunnyside is a multi-cultural neighborhood with an award-winning level of community involvement. Close to shopping and restaurants, it is the first neighborhood east of downtown Flagstaff. Sunnyside is the second most walkable neighboorhood in Flagstaff according to Walkscore, an international website that measures walkability.
Contact Kelly Broaddus at kelly.broaddus@exprealty.com or call 888-4465602 to see this cute cabin in Kachina or other houses for sale in Flagstaff.
Flagstaff AZ Real Estate Market Data Provided by The Broaddus Properties Group Brokered by eXp / by Ella Vilchez
Flagstaff Real Estate Trends – January 2025: What Buyers & Sellers Need to Know
Flagstaff's real estate market presents a unique landscape as the new year unfolds. With only one pending sale amidst 162 active listings, the pending ratio stands at a mere 0.6%, signaling a slower market pace. Interestingly, the sole pending sale is in the $2.8 million-plus range, while the $800K to $1 million bracket boasts the highest inventory with 49 properties. Over the past six months, the median sold price was $750,000, with homes in the $600K to $800K range being the most popular among buyers. As properties linger on the market longer, with a median of 59 days for active listings, sellers may need to adjust strategies to attract qualified buyers.
In other news, January 2025 in Flagstaff is brimming with community events. The Downtown Calendar of Events features activities like karaoke nights at Yucca North, yoga sessions at Dark Sky Brewing Co., and the 15th Annual BrewHaHa at the Orpheum Theater on January 25th. These events offer residents and visitors opportunities to engage with the community and enjoy Flagstaff's vibrant culture.
FLAGSTAFF HOME SALES
Existing-home sales fell 4.9% month-over-month to a seasonally adjusted rate of 4.08 million in January 2025. Year-over-year, sales improved 2.0%. While the Greater Flagstaff housing market saw a 24.04% drop in sales from the previous month, according to Northern Arizona MLS data. However, January 2025 showed a solid rebound with 79 homes sold—a jump from 55 sales in January 2024 but still trailing the decade-high of 96 homes in 2022. This highlights the market’s fluctuating nature over the years. While sales remain below the peak, they’ve climbed well above past lows, including the 43 homes sold in 2023, signaling potential stabilization.
🏡 Buyer Tip:
With fluctuating sales and potential stabilization, this could be a great time to explore options before competition heats up. Consider locking in a deal while inventory is available!
🏡 Seller Tip:
With sales trending upward from previous lows, strategic pricing and strong marketing will be key. Highlight your home’s unique features to stand out in the current market!
FLAGSTAFF HOME SALES BY TYPE
The January 2025 Flagstaff home sales data highlights notable changes across property types compared to January 2024:
Single-family homes saw a significant 81.5% increase, rising from 27 to 49 sales, indicating strong buyer demand.
Townhome sales surged by 63.6%, jumping from 11 to 18 sales, suggesting increased interest in multi-unit living.
Condo sales declined sharply by 66.7%, dropping from 9 to just 3 sales, possibly due to shifting buyer preferences or market conditions.
The "Others" category saw a 12.5% increase, moving from 8 to 9 sales, reflecting a stable but modest growth trend.
*NAMLS Data as of 02/21/2025. Excludes Parks, Williams, & Other Areas
📊 Buyer Tip:
If you're eyeing single-family homes or townhomes, act fast—these segments are seeing rapid growth and increased competition.
📊 Seller Tip:
Condo owners may need competitive pricing and strategic marketing to attract buyers in a cooling segment.
WHAT'S DRIVING THE MARKET?
"Mortgage rates have refused to budge for several months despite multiple rounds of short-term interest rate cuts by the Federal Reserve. When combined with elevated home prices, housing affordability remains a major challenge."
Home Sales Surge: 79 homes sold, up 16.46% year-over-year.
Median Home Price:$743,000, a 1.08% increase from January 2024.
Mortgage rates:According to Bankrate.com, the current average interest rate for a 30-year fixed mortgage is 6.93%, decreasing 4 basis points over the last seven days. If you're looking to refinance your current mortgage, the national interest rate for a 30-year fixed refinance is 6.94%, rising 1 basis point compared to this time last week.
Days on Market (DOM): 561 Days. This thoughtfully designed 1,921 sq ft residence features 3 BD and 2 BA. The property also includes two large turnout areas, one featuring a competition dressage arena, and a jumping arena.
Luxury Market: The Institute for Luxury Home Marketing has established the luxury benchmark price for single-family homes in Flagstaff at $975,000. The LUXURY BENCHMARK PRICE is the price point that marks the transition from traditional homes to luxury homes.
The Flagstaff single-family luxury market is a Buyer's Market with a 30% Sales Ratio.
Homes sold for a median of 94.72% of list price in January 2025.
The most active price bands are $1,700,000-$1,899,999 and $1,900,000-$2,099,999, where the sales
ratio is 100%.
The median luxury sales price for single-family homes is $1,550,000.
The median days on market for January 2025 was 115 days, up from 99 in January 2024.
Days on Market (DOM): Active listings have a median 59 days on market, while sold properties in the last six months had a median 75 days on market with a median sale price of $750,000.
Recent Sales Data: In the past 30 days, the median sale price was $743,000, but properties stayed on the market longer (110 days), signaling a slight slowdown in demand.
List-to-Sale Ratio: Homes are selling at 98.7% of their final list price, indicating a strong market with minimal price reductions.
Absorption Rate: Inventory sits at 2.0 months, meaning if no new listings appeared, it would take about 2 months to sell all available homes.
📉Buyer Tip:
With longer days on market, negotiation opportunities may increase, especially for higher-priced homes. However, demand for affordable homes remains high, so buyers should be prepared to act fast in that segment.
📈Seller Insight:
The market remains competitive, but proper pricing and marketing are key. Homes in the $0K - $200K price range are selling the fastest, so pricing strategies should align with current demand trends.
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.
JANUARY 2025 SPOTLIGHT
FLAGSTAFF'S PRICIEST HOMES SOLD in JANUARY
January’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 💰 $2,900,000 | 📍 Pine Canyon A stunning estate offering breathtaking views of a nearby lake, the 11th hole, and surrounding mountains. This meticulously crafted home features dual primary suites, two additional bedrooms, a spacious loft, and a gourmet kitchen with Wolf & Sub-Zero appliances. Hickory floors, stone fireplaces, and art niches add to its rustic elegance—an ultimate mountain retreat.
🏢 Highest-Priced Condo 💰 $850,000 | 📍 Flagstaff Town Located in the heart of historic downtown, this rare 3-bedroom, 2-bath condo boasts unmatched views from two covered decks. Enjoy a rooftop patio with BBQs and panoramic stargazing in America’s first dark sky city. Never occupied, this condo offers secure garage parking and a prime location for enjoying all four seasons.
🏘 Highest-Priced Townhome 💰 $897,000 | 📍 Switzer Mesa This luxury corner-lot townhome features floor-to-ceiling mountain views through a custom 10' window, vaulted ceilings, and elegant marble countertops. The main-level primary suite includes a 6' electric fireplace, while a second en-suite bedroom opens to a private deck. Oversized garage, built-in workspace, and direct access to the Flagstaff Urban Trail System make this home both scenic and functional.
*NAMLS Data as of 02/21/2025. Excludes Parks, Williams, & Other Areas
THE MOST AFFORDABLE FLAGSTAFF HOMES SOLD in JANUARY
Flagstaff’s real estate market isn’t just about luxury—January 2025 also saw great opportunities for budget-conscious buyers. Here are the most affordable sales of the month:
🏡 Lowest-Priced Single-Family Home 💰 $90,000 | 📍 Other NorthWest City A charming 3-bed, 2-bath mobile home nestled in the pines, featuring recent updates including a new roof, siding, flooring, and countertops. Located in Hidden Hollow Park, buyers must obtain park approval before purchase.
🏢 Lowest-Priced Condo 💰 $296,500 | 📍 Woodlands Area This move-in-ready 2nd-floor condo in The Arbors offers vaulted ceilings, natural light, and a private covered deck. Conveniently located near NAU, shopping, and dining, with community amenities including a clubhouse, fitness center, and hot tub. A great option for first-time buyers, investors, or a summer retreat.
🏘 Lowest-Priced Townhome 💰 $370,000 | 📍 Christmas Tree A well-located 2-bed, 2.5-bath townhome featuring an open kitchen-living space on the main level and dual primary suites upstairs. Just a short walk to trails, public transportation, grocery stores, and schools.
*NAMLS Data as of 02/21/2025. Excludes Parks, Williams, & Other Areas
With more homes hitting the market and buyers becoming increasingly selective, making strategic updates before selling is more important than ever. But how do you determine which improvements are truly worth the investment? That’s where a knowledgeable real estate agent comes in.
An experienced agent can provide valuable insight into what today’s buyers are looking for, suggest quick and impactful upgrades, and guide you toward projects that offer the best return on investment.
As spring approaches and the market gears up for its busiest season, now is the perfect time to prepare. What home improvement projects are on your to-do list before listing? Let’s connect and ensure your efforts are focused on the updates that will make the biggest difference! 🏡✨
💡TIPS AND ADVICE FOR HOME BUYERS
If you’re on the fence about whether to buy a home now or wait until spring, consider this: buying before the spring rush could be a game-changing move. Winter homebuyers often find themselves with significant advantages—less competition, more negotiating power, and potentially lower prices. By making your move now, you could stay ahead of the curve and beat the crowds when the market heats up in the coming months.
If you’re ready to tackle your homebuying plans this year, let’s connect and explore how we can make it happen. The winter market might just be the opportunity you’ve been waiting for.
📈 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:
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 kelly.broaddus@exprealty.com to start your journey today!
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 kelly.broaddus@exprealty.com to get started.
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The report is a guide to the luxury real estate market in North America and Flagstaff. It provides an overall analysis with trends and highlights comparative data on the top-residential markets throughout Canada and the United States.
Flagstaff & Sedona Luxury Market Update – February 2025
The luxury real estate market in Flagstaff and Sedona is evolving, with shifting buyer demographics, increased inventory, and changing economic conditions shaping the landscape.
Key Takeaways:
Luxury Home Sales on the Rise January 2025 saw a 17.6% increase in single-family home sales compared to last year, with condos and townhomes up by 12.7%.
Inventory Growth Luxury home inventory surged 22.9% year-over-year, and new listings jumped 33.2%—giving buyers more options.
Affluent Millennials and Female Buyers Gaining Influence Millennials prioritize smart, energy-efficient homes, while more high-net-worth women are making luxury real estate investments.
Market Polarization While ultra-luxury homes remain in high demand, mid-tier luxury buyers are more cautious due to interest rates.
Flagstaff’s Market Trends
The median luxury home price is $1.55M, with a 30% sales ratio—indicating a seller’s market.
The most active price ranges were $1.7M - $2.1M, with high buyer demand.
The median days on market increased to 115, up from 99 last year.
Outlook for 2025
Expect continued inventory growth, stable price appreciation, and evolving buyer preferences, especially toward sustainable, tech-driven luxury homes.
Whether you're buying or selling, working with a Flagstaff luxury specialist can help you navigate this competitive market.
For homeowners looking to sell or buy their luxury home in today’s market we recommend working with a realtor who can provide you with critical knowledge about your local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.
GET IN TOUCH
It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the Flagstaff luxury market effectively to achieve your goals. Contact us at kelly.broaddus@exprealty.com or call 888.446.5602.
Meet Stephen Broaddus, an agent who reached an impressive sales goal and consistently earns client loyalty.
Are you looking for a trustworthy real estate agent? In my last post, I mentioned introducing some of our team members, and today, I’d like to introduce Stephen Broaddus, an esteemed colleague, and my son. Let me share a few highlights about him.
Last year, Stephen achieved a significant milestone by capping with eXp. For those unfamiliar, capping means he sold the required amount of real estate to earn a 100% commission rate. This is no small feat; I was the only one who achieved this before him. Now, we’re encouraging everyone on our team to reach this goal this year.
Stephen joined our team in January last year but has been a licensed real estate agent for eight years. I truly admire how he treats his clients. Their continued loyalty speaks volumes. He shared three things he appreciates about working with the team:
1. Meeting a diverse range of clients. For him, one of the best parts of this industry is meeting fascinating people, from a helicopter mechanic from Hawaii to a doctor specializing in hand surgeries. By asking interesting questions, he learns a lot about his clients and their work.
2. Teamwork. Working with the team has also made a big difference in his career. He collaborates with a fantastic group that includes five agents, support staff, the director of operations, and an assistant who helps everyone.
Stephen's dedication to his clients speaks volumes; they keep coming back.
One significant benefit of teamwork is that you don’t always have to host open houses. If you want to take a weekend off, someone else without a listing is often happy to step in and help. This support has been incredibly valuable.
3. Teaching and sharing knowledge. He enjoys sharing what he knows with others. He likes to explain his unique approach and why he thinks it works so that he can help others succeed, too.
Outside of real estate, Stephen also runs a screen printing business and a sign business that serves all the realtors in our area. This is a testament to his hard work and one of the reasons both our team and other realtors respect and appreciate him.
If you’re looking for someone trustworthy in real estate, I highly recommend Stephen Broaddus. You can reach him via email at stephen.broaddus@bpgteam.com or by phone at (928) 864-7036. He does an excellent job, and you’ll be in great hands.
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