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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 (89) homes available in Prescott today.
The Median Sales Price in August was $590,000, up 11.3% from $530,000 in August of 2019 and up 10.5% from $533,836 last month. The average sales price in August was $632,754, up 6.8% from $592,398 in August of 2019 and up 10.5% from $572,641 last month. August 2020 ASP was at highest level compared to August of 2019 and 2018. (more Market Report below photos)
Prescott Homes ~ Newest Listings
Prescott Homes ~ Monthly Market Report
July property sales were 49, up from 36 in July of 2019 and 40.0% higher than the 35 sales last month. July 2020 sales were at their highest level compared to July of 2019 and 2018. July YTD sales of 185 are running 25.0% ahead of last year’s year-to-date sales of 148.
The total inventory of properties available for sale as of July was 90, down -18.2% from 110 last month and down -31.8% from 132 in July of last year. July 2020 Inventory was at the lowest level compared to July 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 July was 69, down from 90 days last month and down from 83 days in July of last year. The July 2020 DOM was at its lowest level compared with July 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 July 2020 selling price per square foot of $238 was down -5.9% from $253 last month and up 9.7% from $217 in July 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 🙂