July 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 looking to make informed decisions. Whether you're buying your first home or selling your current one, knowing the market trends can help you plan wisely. Here's what you need to know right now.
Flagstaff is currently in a buyer's market, with nine months of inventory available. This means that there are more homes for sale than there are buyers, giving potential homeowners a greater selection and possibly more negotiating power. For sellers, this might mean being more patient and flexible with pricing and terms.
The inventory trend over the past month shows a slight increase of 12%, while the year-long trend indicates a 127% rise. This suggests that while there has been a moderate increase in homes available over a longer period, the recent growth is more subtle. Buyers can take advantage of this steady influx of new listings, while sellers should consider the increased competition when setting their price and preparing their home for the market.
Homes in Flagstaff are selling for about 97% of their asking price. This sold-to-list price ratio indicates that while buyers might have some room to negotiate, sellers are still receiving offers close to their listing prices. Setting a realistic and competitive asking price is crucial for sellers looking to attract serious buyers.
The median days on market for homes in Flagstaff is currently 56 days. This reflects a steady pace, suggesting that while homes are selling, they aren't moving off the market extremely quickly. Buyers can take their time to explore options, but should also be prepared to act when they find the right property. For sellers, this means being prepared for the possibility of a longer wait to find the right buyer.
Lastly, the median sold price in Flagstaff stands at $770,000. This figure can help both buyers and sellers gauge their expectations regarding affordability and pricing strategies. Buyers should assess their budget in relation to this median price, and sellers should consider pricing their homes competitively to attract interest.
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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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