Prescott Zipcode 86301 Market Forecast January 2019

Dated: 01/09/2019

Views: 154

January Prescott Arizona  Market Forcast 

for an update weekly analysis of the real estate market in all areas go to www.onlinemarketupdate.com 

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This analysis for Prescott Arizona 86301 is based on the statistical 'median' listing price (which is different from the average price). The median value is used to peer into the 'trend' of prices. The actual 'average' listing prices will be higher. If you want a great deal on a home, the median listing price for Prescott is $367,700, and although some listing prices may be higher, this core internal trend has drifted down since last month. What this means to you is that it's a buyers market. Although listing prices may go up, the underlying median core values means less buyers gives you more choices in the Prescott areas. But you still have competition, and the "best deals" will go first. What this means to you is that you don't have as much time as you think you do to find your perfect home. So start looking now so you can get the nicest homes in the best Prescott neighborhoods at the best price. Already this month, 14.26% of the current homes for sale reduced their prices. Which means many homes in Prescott are overpriced, and there is room for negotiation and are eager to sell. What this means to you is that you can shop for homes in the Prescott area that are a little more higher priced, knowing that you can negotiate the price down. So start looking now so you can get the nicest home in the best Prescott neighborhoods at the best price.


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Prescott Listings


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Prescott - Town vs. County Stats

Avg Price in Prescott: $585,300 / County Avg $500,800

58%

Avg Taxes in Prescott: $2,200 / County Avg $1,900

58%

Avg Sq. Ft. in Prescott: 2,552 / County Avg 2,345

54%

Avg Price per/ft2 in Prescott: $229 / County Avg $214

107%

Avg Walkscore in Prescott: 21 / County Avg 18

60%

Avg Year Built in Prescott: 1992 / County Avg 1995

50%

Avg Days on Website in Prescott: 136 / County Avg 130

52%

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Brad Bergamini

The Bergamini Group is a dedicated team of agents and staff with one thing in mind "YOU". We believe in serving our clients by doing the job they hire us to do and doing it right. You can trust o....

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