August 2025 Flagstaff Market Report: What Buyers and Sellers Should Know Right Now

Understanding the current housing market in Flagstaff, Arizona, is essential for both buyers and sellers as you navigate your real estate decisions. With significant changes in market dynamics, now is a crucial time to consider how these shifts may influence your strategy.

The months of inventory in Flagstaff currently stand at 7.96, categorizing it as a buyer’s market. This means there are more homes available than there is demand, which typically gives buyers more leverage in negotiations. For sellers, pricing your home competitively and ensuring it stands out is key to attracting potential buyers in this environment.

Inventory trends show a short-term increase of 4% and a long-term increase of 123%. While there’s been a modest rise in inventory over the past month, the substantial increase over the past year indicates a significant shift toward a more buyer-friendly market. Buyers might find this an opportune time to explore options, as the increased supply can result in more choices and potentially better pricing.

Homes in Flagstaff are selling for about 98% of their asking price. This figure suggests that while buyers may have some room for negotiation, sellers are still achieving prices close to their expectations. Both parties should approach offers and counteroffers with this in mind, understanding the importance of realistic pricing and negotiation strategies.

With a median of 59 days on the market, homes in Flagstaff are selling at a steady pace. For sellers, this means patience is crucial, as the average time to attract a buyer may take a couple of months. Buyers should be prepared to act decisively when they find a home that meets their needs, given the moderate pace at which properties are moving.

The median sold price in Flagstaff is $752,500, setting the stage for pricing expectations. Buyers should consider this figure when budgeting and assessing affordability, while sellers should use it as a benchmark to set competitive and attractive listing prices.

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For personalized guidance tailored to your specific needs and goals, reach out to us. We’ll provide you with expert advice and support to help navigate the Flagstaff real estate market effectively.

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