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Prescott, AZ

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Prescott, AZ

Sat Apr 13 2024
This week the median list price for Prescott, AZ is $875,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 315. 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 has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Prescott, AZ

Sat Apr 13 2024
This week the median list price for Prescott, AZ is $875,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has increased to 315. 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 has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $875,000
Median Price of New Listings $955,000
Per Square Foot $363
Average Days on Market 98
Median Days on Market 63
Price Decreased 34%
Price Increased 2%
Relisted 8%
Inventory 315
Median Rent
Market Action 35
Slight Seller's Advantage

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$1,400,000 3,320 1 - 2.5 acres 3 3 14 9 3 73
$975,014 2,557 0.5 - 1 acre 3 2.5 8 10 7 77
$769,000 2,313 0.25 - 0.5 acre 3 2.5 22 6 10 70
$548,000 1,666 0.25 - 0.5 acre 3 2 40 8 12 49