08/31/2026
š Flagstaff Weekly Market Snapshot | August 24ā30
A few interesting shifts from the week before:
š” 35 New Listings ā up from 32
š¤ 9 Pending ā unchanged
š 19 Homes Sold ā down from 23
š 467 Active Listings ā down slightly from 469
š° $1,013,051 Average Sales Price ā down from $1,029,677
Three things Iām watching:
Inventory isnāt really growing. Even with slightly more new listings coming on, total inventory actually dropped by 2 homes. Buyers still have considerably more choices than they did a few years ago, but weāre not seeing supply pile up week after week.
Contract activity held steady, while closings slowed. We had the same number of homes go pending as last week, but 4 fewer sales closed. One week doesnāt make a trend, but itās another reminder that buyers are taking their time and homes need to be positioned correctly from the start.
Average sales price dipped about 1.6%. That sounds more dramatic than it is. Weekly averages can move quite a bit depending on which homes happen to close, especially in Flagstaff where our price points vary so widely. Iād pay much more attention to the direction of inventory, pendings and days on market over several weeks.
Overall: the market continues to reward realistic pricing and strong presentation, while buyers still have room to be selective.