Flagstaff

Beneath the San Francisco Peaks, the median home price has fallen to $630K, which is a 15.3% decline from last year. Homes are now spending about 67 days on the market, up from 35 days a year ago. In November, only 51 homes sold, down from 64 last year. While prices are down and homes are taking longer to sell, some properties still receive multiple offers. This may be due to cautious buyer behavior, possibly influenced by economic uncertainties or seasonal factors. Still, desirable homes are often sold relatively quickly and close to their listing prices.

Prescott

Surrounding the Whiskey Row and the lakes of Prescott, the median home price has seen a slight rise to $594K, which is up 3.7% from last year. Homes are taking about 84 days to sell compared to 70 days last year, but November sales increased to 84 homes sold, up from 80 last year. Prescott remains popular, especially with retirees and individuals looking for a great lifestyle. While some homes are getting multiple offers, buyers have more leverage in negotiations, and many homes are selling for less than the asking prices.

Sedona

In the shadow of the red rocks, the median home price in Sedona is now $1.1M, down 6.9% from the previous year. Homes are on the market for around 72 days, which is shorter than last year’s 80 days. In November, 28 homes sold, an increase from 22 last year. Despite the price drop, Sedona still attracts buyers interested in luxury and natural beauty, resulting in several homes receiving multiple offers. The increase in sales volume shows that the market is adjusting to current prices, making it a bit more accessible.

Lake Havasu City

In this desert lake town, the median price here is now $431K, down 11.1% from last year. Homes generally sell after about 36 days on the market, slightly up from 34 days last year. In November, 114 homes were sold, a jump from 85 last year. The Lake Havasu market shows lower prices but also strong interest from buyers, likely due to its appeal as a vacation spot and retirement location. This area continues to be popular, balancing affordability with lifestyle benefits.

The Takeaway?

The Northern Arizona housing market in Winter 2025 shows a mix of trends. Flagstaff has seen a significant price drop, while Prescott has experienced a slight increase. Both Sedona and Lake Havasu City are facing declines in home prices. Homes are generally taking longer to sell, indicating a slowdown in sales. However, Prescott and Lake Havasu City are seeing rising sales volumes, while Flagstaff has taken a hit.

Despite these varied and sometimes confusing conditions, there are common threads: each one is seeing changes in how long it takes for homes to sell, signaling a market adjustment. Buyers and sellers will benefit from a smart, strategic approach—local knowledge is essential to navigate these changes.

If you need personalized insights or assistance with buying, selling, or investing in Northern Arizona real estate, contact The COLLINS TEAM at Realty ONE Group Mountain Desert. We are here to help you through this evolving housing market!

The post Northern Arizona Housing Market Update: Winter 2025/2026 Edition appeared first on The COLLINS TEAM.

Flagstaff

Median Home Price: $712K, up 9.5% compared to last year. Days on Market: 70 days, up from 34 days last year. Sales Volume: 98 homes sold in September 2025, up from 54 last year.

Flagstaff’s housing market is experiencing a notable uptick in median home prices, coupled with a significant increase in the days homes spend on the market. Despite the extended time on the market, the sales volume has substantially increased, indicating a robust and active buyer market. The rise in prices suggests a renewed interest and confidence among buyers, possibly driven by seasonal factors or economic stability.

Prescott

Median Home Price: $585K, down 13.3% compared to last year. Days on Market: 66 days, down from 77 days last year. Sales Volume: 124 homes sold in September 2025, up from 82 last year.

Prescott continues to see a decline in median home prices, but the time it takes to sell a home has decreased, suggesting a more efficient market. The significant increase in sales volume indicates a strong buyer interest, despite the lower price points. This presents an excellent opportunity for buyers looking to enter the market, as they have more negotiating power and a wider selection of properties.

Sedona

Median Home Price: $845K, down 23.2% compared to last year. Days on Market: 61 days, up from 51 days last year. Sales Volume: 19 homes sold in September 2025, down from 20 last year.

Sedona’s market has experienced a significant decrease in median home prices, making it more accessible to buyers. The slight increase in days on the market and the stable sales volume suggest a market that is adjusting to the new price levels. Despite the correction, Sedona remains an attractive destination for buyers, offering a unique blend of luxury and natural beauty.

Lake Havasu City

Median Home Price: $470K, down 0.78% compared to last year. Days on Market: 57 days, up from 50 days last year. Sales Volume: 101 homes sold in September 2025, down from 106 last year.

Lake Havasu City’s housing market shows a slight decrease in median home prices, with an increase in the days homes spend on the market. The minor decrease in sales volume indicates a market that is adjusting to the current price points. However, Lake Havasu City continues to be a desirable location for both buyers and sellers, offering a balance of affordability and lifestyle.

Overall Analysis

The Northern Arizona housing market in Fall 2025 presents a diverse picture. Flagstaff has seen a substantial increase in home prices, while Prescott and Sedona have experienced declines. Lake Havasu City remains relatively stable, with a slight decrease in prices. The days on the market have generally increased, suggesting a slight slowdown in sales velocity. Sales volumes have varied, with some cities like Flagstaff seeing a significant increase and others like Lake Havasu City experiencing a decrease.

Despite these differences, there are common threads: all cities have seen changes in the time it takes to sell a home, and there is a general trend of market adjustment. Buyers and sellers alike need to be strategic, leveraging local expertise to navigate these nuances.

For a more detailed analysis and hyper-local information, we invite you to reach out to The COLLINS TEAM at Realty ONE Group Mountain Desert. Our expertise and deep understanding of the Northern Arizona real estate market can help you make informed decisions whether you are buying, selling, or investing. Contact us today to stay ahead in the ever-changing housing market.

The post Northern Arizona Housing Market Update: Fall 2025 Edition appeared first on The COLLINS TEAM.

Flagstaff

Median Home Price: $689K, down 1.6% compared to last year.
Days on Market: 35 days, up from 20 days last year.
Sales Volume: 85 homes sold in June 2025, up from 71 last year.

Flagstaff’s housing market shows a slight decline in median home prices, coupled with a significant increase in the days homes spend on the market. Despite this, the sales volume has increased, suggesting a cautious but active buyer market. The extended time on the market indicates that buyers are taking their time to make decisions, possibly influenced by economic uncertainties or seasonal factors.

Prescott

Median Home Price: $567K, down 12.6% compared to last year.
Days on Market: 56 days, up from 45 days last year.
Sales Volume: 88 homes sold in June 2025, down from 94 last year.

Prescott continues to experience a notable decline in median home prices, with an increase in the time it takes to sell a home. The slight decrease in sales volume suggests a market that is adjusting to the lower price points. Buyers in Prescott have more negotiating power, which could be an opportunity for those looking to enter the market.

Sedona

Median Home Price: $1.2M, down 3.8% compared to last year.
Days on Market: 40 days, down from 43 days last year.
Sales Volume: 27 homes sold in June 2025, down from 28 last year.

Sedona’s market has seen a slight decrease in median home prices, but it remains one of the most expensive areas in Northern Arizona. The days on the market have decreased slightly, and the sales volume has remained relatively stable. This suggests a market that is still attractive to buyers despite the minor price correction.

Lake Havasu City

Median Home Price: $500K, up 3.1% compared to last year.
Days on Market: 51 days, up from 41 days last year.
Sales Volume: 110 homes sold in June 2025, down from 115 last year.

Lake Havasu City’s housing market shows a modest increase in median home prices, with an increase in the days homes spend on the market. The slight decrease in sales volume indicates a market that is adjusting to the higher price points. Despite these changes, Lake Havasu City remains a desirable location for buyers and sellers alike.

Overall Analysis

The Northern Arizona housing market in Summer 2025 presents a mixed picture. Flagstaff and Prescott have seen decreases in median home prices, while Lake Havasu City has experienced a modest increase. Sedona, despite a slight decline, remains at the higher end of the price spectrum. The days on the market have generally increased across all cities, suggesting a slight slowdown in sales velocity. Sales volumes have varied, with some cities like Flagstaff seeing an increase and others like Lake Havasu City experiencing a decrease.

Despite these differences, there are common threads: all cities have seen changes in the time it takes to sell a home, and there is a general trend of market adjustment. Buyers and sellers alike need to be strategic, leveraging local expertise to navigate these nuances.

For a more detailed analysis and hyper-local information, we invite you to reach out to The COLLINS TEAM at Realty ONE Group Mountain Desert. Our expertise and deep understanding of the Northern Arizona real estate market can help you make informed decisions whether you are buying, selling, or investing. Contact us today to stay ahead in the ever-changing housing market.

The post Northern Arizona Housing Market Update: Summer 2025 Edition appeared first on The COLLINS TEAM.

Flagstaff

• Median Home Price: $653K, down 1.1% compared to last year.
• Days on Market: 62 days, up from 58 days last year.
• Sales Volume: 51 homes sold in February 2025, down from 54 in February 2024.

Flagstaff’s housing market remains relatively stable with a slight decrease in median home prices and a minor increase in the days homes spend on the market. The reduction in sales volume suggests a cautious buyer market, possibly influenced by economic factors or seasonal variations.

Prescott

• Median Home Price: $551K, down 11.6% compared to last year.
• Days on Market: 82 days, up from 78 days last year.
• Sales Volume: 73 homes sold in February 2025, up from 72 in February 2024.

Prescott experienced a notable decline in median home prices, coupled with an increase in the time it takes to sell a home. Despite this, the sales volume remained steady, indicating a balanced market with potential opportunities for buyers.

Sedona

• Median Home Price: $905K, up 13.9% compared to last year.
• Days on Market: 67 days, up from 52 days last year.
• Sales Volume: 18 homes sold in February 2025, down from 19 in February 2024.

Sedona’s market saw a significant increase in median home prices, reflecting its continued appeal as a desirable location. The increase in days on the market and the slight drop in sales volume suggest a more competitive environment for sellers.

Lake Havasu City

• Median Home Price: $520K, up 15.5% compared to last year.
• Days on Market: 67 days, up from 54 days last year.
• Sales Volume: 102 homes sold in February 2025, down from 111 in February 2024.

Havasu City’s housing market is robust, with a substantial increase in median home prices. The increase in days on the market and the slight decrease in sales volume indicate a market that is adjusting to higher price points.

Overall Analysis

The Northern Arizona housing market in Spring 2025 presents a diverse picture. Flagstaff and Prescott have seen decreases in median home prices, while Sedona and Lake Havasu City have experienced significant increases. The days on the market have generally increased across all cities, suggesting a slight slowdown in sales velocity. Sales volumes have varied, with some cities like Prescott seeing a slight increase and others like Lake Havasu City experiencing a decrease.

Despite these differences, there are common threads: all cities have seen changes in the time it takes to sell a home, and there is a general trend of market adjustment. Buyers and sellers alike need to be strategic, leveraging local expertise to navigate these nuances.

For a more detailed analysis and hyper-local information, we invite you to reach out to The COLLINS TEAM at Realty ONE Group Mountain Desert. Our expertise and deep understanding of the Northern Arizona real estate market can help you make informed decisions whether you are buying, selling, or investing. Contact us today to stay ahead in the ever-changing housing market.

The post Northern Arizona Housing Market Update – Spring 2025 appeared first on The COLLINS TEAM.