Altos Market Data for Realtors

Prescott, AZ

Single-Family Homes

Schedule a demo today at altos.re.



Prescott, AZ

Wed Dec 11 2019
This week the median list price for Prescott, AZ is $575,959 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 410. Click here to stay informed with the Prescott market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Prescott, AZ

Wed Dec 11 2019
This week the median list price for Prescott, AZ is $575,959 with the market action index hovering around 35. This is an increase over last month's market action index of 34. Inventory has held steady at or around 410. Click here to stay informed with the Prescott market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $575,959
Per Square Foot $221
Days on Market 151
Price Decreased 41%
Price Increased 5%
Relisted 6%
Inventory 410
Median Rent $1,850
Most Expensive $5,988,000
Least Expensive $24,000
Market Action 35
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$899,499 3,986 1 - 2.5 acres 4 4 14 5 12 180
$650,000 2,677 0.5 - 1 acre 3 3 14 6 6 191
$498,000 2,360 0.25 - 0.5 acre 3 3 17 5 13 124
$325,000 1,590 0.25 - 0.5 acre 3 2 34 4 8 108