|
It's hard to believe we are halfway through 2025. This is the perfect time to compare our Q1 and Q2. Flagstaff’s real estate market continues to show signs of strength, even with slight shifts in pricing and pace. Here’s a closer look at how each zip code is performing, along with tips to help you navigate the current market whether you’re buying or selling.
86001 – Downtown & West Flagstaff
- Median Sales Price: $676,000 → $689,000
- Closed Sales: 68 → 83
- Price/Sq Ft: $385 → $392
- Days on Market: 65 → 64
This area remains popular, especially for those seeking proximity to NAU, historic downtown, and trail systems. Inventory is tight, which helps maintain price stability.
Homes in this area are selling well, especially when priced right and well-presented. Seller should consider light updates or staging to appeal to buyers looking for move-in ready options.
While we are seeing a Buyer’s Market, buyers may want to bee prepared for competition. Pre-approval and flexibility in your offer terms can help secure a home here.
86004 – East Flagstaff
- Median Sales Price: $670,000 → $662,500
- Closed Sales: 103 → 136
- Price/Sq Ft: $364 → $369
- Days on Market: 63 → 56
East Flagstaff continues to attract families and full-time residents with its schools, parks, and access to outdoor recreation. While median price dipped slightly, demand remains strong.
Homes are selling faster. If you've been on the fence about listing, now is a good time to capture the fall buyer pool.
For buyers, the uptick in available inventory may give you a bit more breathing room, but homes are still moving quickly—act decisively.
86005 – South Flagstaff , Forest Highlands, Pine Canyon and Flagstaff Ranch
- Median Sales Price: $719,500 → $750,000
- Closed Sales: 59 → 87
- Price/Sq Ft: $396 → $399
- Days on Market: 68 → 61
This area includes some of Flagstaff’s most exclusive neighborhoods. Luxury buyers are active, especially with fall being a prime time for second-home purchases.
High-end properties are seeing healthy demand. Lifestyle features like golf access, forest views, or custom design are top priorities in marketing.
If you’re considering a long-term investment or second home, this area has strong value retention. Be prepared for premium pricing and limited negotiation room.
Overall Market Trends
| |
| Metric | Q1 2025 | Q2 2025 |
| Median Sales Price |
$690,500 |
$688,000 |
| Closed Sales |
230 |
306 |
| Sold Price/Sq Ft |
$380 |
$382 |
| Median Days on Market |
66 |
58 |
Though the overall median sales price dipped slightly, activity has accelerated. Homes are selling faster and at slightly higher price per square foot, indicating strong buyer confidence
If you're thinking of selling, take advantage of the active market before winter slows things down. Buyers are motivated, especially those aiming to close before year-end or secure second homes ahead of ski season.
If you're a buyer, consider acting now while there’s a bit more inventory available. Mortgage rates remain unpredictable, so locking in a property today may position you well for the long run—especially in appreciating neighborhoods like 86005 and 86001.
Let’s talk about your real estate goals. Whether you're planning ahead or ready to make a move, I'm here to help you navigate with confidence.
Wishing you and yours many blessings,
Kim
|