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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 (39) homes available in Prescott today.
The Median Sales Price in December was $593,813, up 22.6% from $484,500 in December of 2019 and up 7.0% from $555,000 last month. The average sales price in December was $617,787, up 5.0% from $588,631 in December of 2019 and down -7.8% from $670,058 last month. December 2020 ASP was at highest level compared to December of 2019 and 2018. (more Market Report below photos)
Prescott Homes ~ Newest Listings
Prescott Homes ~ Monthly Market Report
December property sales were 25, down from 32 in December of 2019 and -24.2% lower than the 33 sales last month. December 2020 sales were at a mid level compared to December of 2019 and 2018. December YTD sales of 354 are running 27.3% ahead of last year’s year-to-date sales of 278.
The total inventory of properties available for sale as of December was 33, down -23.3% from 43 last month and down -68.3% from 104 in December of last year. December 2020 Inventory was at the lowest level compared to December of 2019 and 2018.
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 December was 58, down from 66 days last month and down from 76 days in December of last year. The December 2020 DOM was at its lowest level compared with December of 2019 and 2018.
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 December 2020 selling price per square foot of $258 was up 2.8% from $251 last month and up 16.2% from $222 in December 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 🙂