As of 8/26/17


Prescott Real Estate Overview

Market Health Score 55 (Not Healthy)
9.4 Months Inventory
179 Homes for Sale
$375,000 Median List Price
170 Days on Market
9.4 Months Inventory


The Prescott real estate market is not healthy. The median list price is $375,000 and the average home has been on the market for 170 days. In the past month, there have been 19 real estate transactions in Prescott.
The recent sales activity in Prescott represents a -14.1% change over the prior month.

The number of homes sold in the Prescott market slid to 19 over the past 30 days, a decrease of 20.8% from last week's report, but still above the monthly average. The median sales price continued to fall, trending downwards for four weeks to reach $346,578. Prescott is a strong buyer's market, due to falling prices and a large nine months of inventory left.

Prescott Valley Real Estate Overview

Market Health Score: 67 (Barely Healthy)
45 Homes for Sale
$262,800 Median List Price
117 Days on Market
3.5 Months Inventory

The Prescott Valley real estate market is barely healthy. The median list price is $262,800 and the average home has been on the market for 117 days. In the past month, there have been 13 real estate transactions in Prescott Valley. The recent sales activity in Prescott Valley represents a -11.3% change over the prior month.


With 13 homes sold in the Prescott Valley market over the last 30 days, we see no change from last week's numbers. However, 21 new listings came into the market. The median sales price dropped to $235,000 over the latest reporting period for Prescott Valley, down from $249,900. There are only three months of inventory available in Prescott Valley, so it's a seller's market, even if sales are flat.