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Beautiful Prescott Homes (and Prescott Valley) can be found North of Phoenix in the Prescott Nat Forest Area. Your Search Results will appear below showing the “Newest Listings” first.
We can currently see (46) homes available in Prescott today.
The Median Sales Price in August was $551,000, down -6.6% from $590,000 in August of 2020 and down -22.9% from $715,000 last month. The average sales price in August was $651,948, up 3.0% from $632,754 in August of 2020 and down -16.7% from $783,082 last month. August 2021 ASP was at highest level compared to August of 2020 and 2019. (more Market Report below photos)
Prescott Homes ~ Newest Listings
Prescott Homes ~ Monthly Market Report
August property sales were 31, down from 46 in August of 2020 and -16.2% lower than the 37 sales last month. August 2021 sales were at a mid level compared to August of 2020 and 2019. August YTD sales of 212 are running -8.6% behind last year’s year-to-date sales of 232.
The total inventory of properties available for sale as of August was 53, up 1.9% from 52 last month and down -24.3% from 70 in August of last year. August 2021 Inventory was at the lowest level compared to August of 2020 and 2019.
The average Days On Market (DOM) shows how many days the average property is on the market before it sells. An upward trend in DOM tends to indicate a move towards more of a buyer’s market, a downward trend a move towards more of a seller’s market. The DOM for August was 23, up from 22 days last month and down from 81 days in August of last year. The August 2021 DOM was at its lowest level compared with August of 2020 and 2019.
Selling Price Per Square Foot
The selling price per square foot is a great indicator for the direction of property values. Since median sales price and average sales price can be impacted by the ‘mix’ of high or low end properties in the market, the selling price per square foot is a more normalized indicator on the direction of property values. The August 2021 selling price per square foot of $261 was down -14.7% from $306 last month and up 14.0% from $229 in August of last year.
Whether you’re thinking about buying or selling, you can contact us directly to discuss your local market. We’d love to be your trusted real estate adviser if you’re looking to make a change this year. Please feel free to contact us with any questions, as we will be happy to hear from you. – Thanks!! (480)208-7955 – We are located next to Paradise Valley (See Map Here) ~ You can also find us at Paradise Valley Homes 🙂