Empire Title Agency's Market Report

Flagstaff, AZ

Single-Family Homes

www.ewtaz.com | MarketReports@ewtaz.com | 602-749-7000



Flagstaff, AZ

Sun Jun 01 2025
This week the median list price for Flagstaff, AZ is $931,967 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 229. Click here to stay informed with the Flagstaff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Flagstaff, AZ

Sun Jun 01 2025
This week the median list price for Flagstaff, AZ is $931,967 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has held steady at or around 229. Click here to stay informed with the Flagstaff market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Flagstaff market.
Median List Price $931,967
Median Price of New Listings $899,900
Per Square Foot $413
Average Days on Market 66
Median Days on Market 35
Price Decreased 33%
Price Increased 4%
Relisted 2%
Inventory 229
Median Rent
Market Action 36
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,325,000 3,726 1 - 2.5 acres 4 4 20 6 2 45
$1,099,000 2,494 0.25 - 0.5 acre 4 3 23 7 1 35
$800,000 2,123 0.25 - 0.5 acre 4 2.5 24 5 6 35
$647,000 1,568 8,000 - 10,000 sqft 3 2 40 9 5 35