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,
April 2018 Prescott Area Real Estate Market Review
April sees a continued strong Seller's market throughout the tri-city area. Total residential inventory level for April was less than three months. Overall the average sold price saw a slight drop of around $7,000 since March. However, compared to April 2017 the average sold price increased over $19,000.