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Prescott, AZ 86301

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Prescott, AZ 86301

Wed Feb 21 2024
This week the median list price for Prescott, AZ 86301 is $739,999 with the market action index hovering around 37. This is an increase over last month's market action index of 34. Inventory has decreased to 79. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Prescott, AZ 86301

Wed Feb 21 2024
This week the median list price for Prescott, AZ 86301 is $739,999 with the market action index hovering around 37. This is an increase over last month's market action index of 34. Inventory has decreased to 79. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Prescott market.
Median List Price $739,999
Median Price of New Listings $897,450
Per Square Foot $341
Average Days on Market 105
Median Days on Market 77
Price Decreased 47%
Price Increased 1%
Relisted 10%
Inventory 79
Median Rent
Market Action 37
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$974,360 2,719 0.25 - 0.5 acre 3 2.5 3 4 2 70
$799,949 2,511 0.25 - 0.5 acre 4 3 21 4 1 66
$627,000 1,925 8,000 - 10,000 sqft 3 2 15 2 2 35
$449,500 1,517 6,500 - 8,000 sqft 3 2 43 0 3 94