Market Update
Northern Arizona
Q1 2026
Residential Property Snapshot
Single Family Homes & Condos | Q1 2026
Med. Sales Price
$550k
6% less than in
Q1 2025
Q1 2025
Avg. Days On Market
103
6% more than in
Q1 2025
Q1 2025
Closed Sales
1,354
9% more than in
Q1 2025
Q1 2025
Inventory
2,823
21% more than in
Q1 2025
Q1 2025
Sales Price vs. Closed Sales
- Single Family Homes
- Condos
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q1 '22 | $560k | $672k | 1454 |
| Q1 '23 | $537k | $614k | 954 |
| Q1 '24 | $565k | $693k | 1095 |
| Q1 '25 | $587k | $711k | 1237 |
| Q1 '26 | $550k | $672k | 1354 |
Closed
New
Inventory
Closed Sales by Price
- Single Family Homes
- Condos
| Closed Under $500k | 42.2% |
|---|---|
| Q1 '26 | 572 |
| Q1 '25 | 454 |
| 1YR CHANGE | +26% |
| Closed $500k - $1m | 43.4% |
| Q1 '26 | 587 |
| Q1 '25 | 598 |
| 1YR CHANGE | -2% |
| Closed $1m - $2m | 12.4% |
| Q1 '26 | 168 |
| Q1 '25 | 153 |
| 1YR CHANGE | +10% |
| Closed Over $2m | 2.0% |
| Q1 '26 | 27 |
| Q1 '25 | 32 |
| 1YR CHANGE | -16% |
Median Sales Price vs. Average Days on Market
- Single Family Homes
- Condos
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q1 '22 | 50 | $560k |
| Q1 '23 | 81 | $537k |
| Q1 '24 | 97 | $565k |
| Q1 '25 | 97 | $587k |
| Q1 '26 | 103 | $550k |
By Year
By Price
Market Data by Year
- Single Family Homes
- Condos
| Q1 2026
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'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
21%
New Listings
New Listings represents the number of properties listed during the quarter.
7%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
8%
Closed Sales
9%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
6%
Bellemont
Median
$529k
DOM
83
Sales
7
Inv
6
Camp Verde
Median
$455k
DOM
95
Sales
22
Inv
60
Clarkdale
Median
$505k
DOM
153
Sales
16
Inv
55
Cottonwood
Median
$390k
DOM
61
Sales
45
Inv
50
Flagstaff
Median
$737k
DOM
123
Sales
118
Inv
144
Greer
Median
n/a
DOM
0
Sales
0
Inv
6
Jerome
Median
$370k
DOM
112
Sales
3
Inv
4
Kachina Village
Median
$528k
DOM
78
Sales
10
Inv
8
Marble Canyon
Median
n/a
DOM
0
Sales
0
Mormon Lake
Median
$555k
DOM
140
Sales
2
Inv
4
Mountainaire
Median
$542k
DOM
252
Sales
6
Inv
4
Munds Park
Median
$410k
DOM
128
Sales
13
Inv
46
Page
Median
n/a
DOM
0
Sales
0
Inv
2
Payson
Median
$526k
DOM
110
Sales
48
Inv
99
Prescott
Median
$645k
DOM
82
Sales
222
Inv
310
Prescott Valley
Median
$475k
DOM
73
Sales
194
Inv
241
Rimrock
Median
$384k
DOM
177
Sales
8
Inv
30
Sedona
Median
$1.32m
DOM
80
Sales
54
Inv
146
Show Low
Median
$820k
DOM
110
Sales
13
Inv
75
Tusayan
Median
n/a
DOM
0
Sales
0
Wickenburk / Matthie
Median
$528k
DOM
103
Sales
79
Inv
170
Williams
Median
$443k
DOM
119
Sales
7
Inv
35