May 2018 Prescott AZ Market Review

Dated: 06/11/2018

Views: 50

May 2018 proves to be another month of historically low inventory levels keeps our area firmly in a "seller's market", meaning there is higher buyer demand than inventory overall. The average sold price for the Tri-City area is up by approximately $45,000 over May of 2017.

Curious about the numbers for your neighborhood? Contact us for a detailed market review of your neighborhood.

Don't miss our monthly reports, click subscribe to get them delivered to your Inbox.

Relocating to the Prescott area? Get our Prescott Relocation Guide.

Latest Blog Posts

Are You Covered? A Homeowner’s Insurance Guide

Are You Covered? A Homeowner’s Insurance Guide No one likes to think about disasters. Severe weather, fire, theft—or even a seemingly small issue like a broken pipe—can wreak

Read More

August 2018 Prescott Area Market Review

The real estate market in Prescott and surrounding towns saw a slight decrease in average sold price and inventory levels for the month of August. Prescott days on market dropped, as well as

Read More

Renters for a Weekend or a While: What’s the Best Use of Your Investment Property?

The residential rental market is now the fastest-growing segment of the housing market. In the United States, the demand for single-family rentals, defined as either detached homes or townhouses,

Read More

July 2018 Prescott Market Review

Tri-City average sales price decreased by almost $6K from the June average. However, it saw a $33,000 average sold price increase compared to July of 2017.Days on market average increased, as well

Read More