Yavapai County Market Report- Search your area

Prescott, AZ

Single-Family Homes

Lawyers Title, 1871 E. State Route 69, Prescott, AZ 928-515-5098



Prescott, AZ

Wed Oct 20 2021
This week the median list price for Prescott, AZ is $780,450 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has decreased to 184. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Prescott, AZ

Wed Oct 20 2021
This week the median list price for Prescott, AZ is $780,450 with the market action index hovering around 53. This is about the same as last month's market action index of 53. Inventory has decreased to 184. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $780,450
Median Price of New Listings $699,950
Per Square Foot $314
Average Days on Market 79
Median Days on Market 49
Price Decreased 36%
Price Increased 9%
Relisted 4%
Inventory 184
Median Rent $2,300
Market Action 53
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$1,387,000 3,512 1 - 2.5 acres 4 3 18 2 3 91
$899,500 2,622 0.5 - 1 acre 3 2 16 8 5 73
$717,000 2,320 0.25 - 0.5 acre 3 2 25 7 9 49
$452,450 1,562 0.25 - 0.5 acre 3 2 35 11 18 24