Market Intelligence Report — AZ-380

Flagstaff, AZ

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AZ-09
As of the latest 2026 data
Cooling

Median Listing

$741K
+4.4% YoY

Pending Ratio

0.31
-4.2% YoY

Active Inventory

765
+14.1% YoY

Median DOM

88 Days
+2.9% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Flagstaff market?

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The Flagstaff housing market is currently classified as Cooling, primarily driven by a pending ratio of 0.31, indicating demand absorption lagging available supply. Active listings have expanded by 14.1% year-over-year, further contributing to the elevated supply environment.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

5.9%+0.7 pp YoY

Unemployment rate · Aug 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

144,368-0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Flagstaff market right now.

Active listings have shown significant growth, increasing by 14.1% over the past year, with new listings also up 14.3% during the same period. Concurrently, the pending ratio declined by 4.2% year-over-year, reflecting a slower pace of homes entering contract. Median listing prices have experienced a modest year-over-year increase of 4.4%, while the median price per square foot declined by 1.7% over the past year. Median days on market have marginally extended by 2.9% year-over-year.

Kelly Broaddus
Kelly Broaddus
eXp Realty

“Local pricing and inventory dynamics across Flagstaff shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$741K+0.8% MoM

Active Inventory

765+14.1% YoY

Days on Market

88+2.9% YoY

Sold Score™

33-4.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

33
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.31 and an expansion in active listings, properties are experiencing longer market durations, as evidenced by the increase in median days on market. This environment suggests reduced pressure for rapid transactions, affording greater flexibility in price negotiations and potentially influencing price discipline. Buyers are likely to encounter a more deliberate pace in this market.

Luxury Segment

The average listing price increased by 5.5% over the past year, while the median price per square foot for the overall market saw a 1.7% decline. This divergence, coupled with a significant spread between the average listing price of $1,122,594 and the median listing price of $741,000, suggests some softening at the higher price tiers within the market, particularly regarding price per square foot performance.

Supply Dynamics

765 active listings represent the current floor, with new supply arriving at roughly 192 per month.

Pricing Pressure
20.0%

of active listings carry a price reduction, -2.9% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.7% year-over-year.

Absorption
0.31

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Flagstaff, AZ? Inventory is up 14% from last year.

Buyers have leverage in Flagstaff, AZ. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
31%
Median Days on Market
88 days
Inventory YoY
+14%

In a buyer's market, strategy beats timing. See how your home scores in Flagstaff, AZ and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Flagstaff, AZ.

Kelly Broaddus →

eXp Realty

How these recommendations are chosen →

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Metro Demographics

Metro Area
Flagstaff, AZ
CBSA Code
22380
State
AZ

ZIPs in Flagstaff, AZ

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

Direct Consultation

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Analysis FAQ
  • What is the current market condition in Flagstaff?+

    As of the latest 2026 data, the Flagstaff metro is classified as Cooling. Pending ratio is 0.31 with median days on market at 88.

  • Are home prices dropping in Flagstaff?+

    Median listing price is $741K, +4.4% year over year. 20.0% of active listings carry a price reduction.

  • How fast are homes selling in Flagstaff?+

    The typical listing sits 88 days on market, a +2.9% change YoY. New listings are arriving at 192 per month.

  • What's happening in the Flagstaff luxury market?+

    The average listing price increased by 5.5% over the past year, while the median price per square foot for the overall market saw a 1.7% decline. This divergence, coupled with a significant spread between the average listing price of $1,122,594 and the median listing price of $741,000, suggests some softening at the higher price tiers within the market, particularly regarding price per square foot performance.

  • Where can I find a trusted Flagstaff real estate expert?+

    Primpted maintains a vetted registry of Flagstaff agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 22380 · 36mo history