Prescott AZ and surrounding towns experienced more shifts in September. We saw an increase in the months' worth of inventory available for sale to 3.21 months. This is the highest total inventory
March 2018 Prescott Area Real Estate Market Review
March 2018 Real Estate Market Review
Prescott and Surrounding Towns
The month of March saw an overall drop in months of inventory levels for the Prescott Tri-City area. While the number of new listings increased from the prior month, so did the number of sold transactions. Prescott average sold prices had a slight increase in March coming in at $403,000.
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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,