January 2026 Flagstaff Market Report: A Market Finding Its Balance
The January 2026 housing market in Flagstaff is showing signs of recalibration. After months of shifting conditions, we’re seeing a market that’s moving toward balance—creating both opportunity and responsibility for buyers and sellers alike.
The January Snapshot
- Months Supply: 5.2 months (↓ 7% MoM | ↑ 63% YoY)
- Median Sold Price: $694,500 (↓ 6% MoM)
- Median Active Listing Price: $825,000
- Sold-to-List Ratio: 97.25% (↓ 1% MoM)
- Median Days on Market: 80 days (↑ 18% MoM)
- New Listings: 96
- Active Listings: 328
- Pending Listings: 36
- Median Days for New Pendings: 74 days
What This Means for Buyers
Buyers are gaining breathing room. With homes sitting on the market for a median of 80 days, there’s more time to evaluate properties and negotiate thoughtfully.
The 6% drop in median sold price suggests that sellers are adjusting expectations. Combined with a 97.25% sold-to-list ratio, this indicates that buyers may have room to negotiate—especially on homes that have been listed longer.
However, inventory decreased 7% month-over-month. While 5.2 months of supply is close to balanced, fewer new listings could tighten options as we move toward spring.
What This Means for Sellers
Homes are still selling—but pricing strategy is critical.
The noticeable gap between the median active listing price ($825,000) and the median sold price ($694,500) shows that aspirational pricing isn’t converting into closed sales. Buyers are carefully analyzing value and adjusting offers accordingly.
With inventory significantly higher than a year ago, competition remains real. Sellers who prepare their homes thoroughly and price strategically are the ones securing strong results.
Why It Matters
For those planning coordinated moves—buying and selling at the same time—timing and preparation are key. A slightly longer selling timeline means planning ahead reduces stress and financial overlap.
January is often a quieter month in Flagstaff, but that can work to your advantage. Serious buyers and motivated sellers are active right now, and strategic positioning makes all the difference.
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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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