Spring showers must have brought May sales and finally we see some normal volume in the condo market. The yellow highlights are bank-owned properties. You can see how these are driving the price per square foot down like the rest of the market.
| Prescott Area Condos, Townhomes, Patio Homes Closed – June 2009 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 12668 Viento St | Dewey -Humboldt | $123,900 | $115,000 | 92.8% | 1,782 | $65 | 53 |
| 12648 Tierra Asp | Prescott Valley | $119,900 | $117,000 | 97.6% | 1,629 | $72 | 215 |
| 1139 Boulder Pa | Prescott | $179,900 | $168,000 | 93.4% | 1,875 | $90 | 162 |
| 1401 Coyote Roa | Prescott | $185,900 | $180,500 | 97.1% | 1,558 | $116 | 105 |
| 427 Jasmine Ln | Prescott | $154,900 | $148,500 | 95.9% | 1,265 | $117 | 184 |
| 415 Torrey Pin | Prescott | $157,000 | $153,500 | 97.8% | 1,256 | $122 | 63 |
| 1005 Goodwin | Prescott | $134,000 | $130,000 | 97.0% | 1,012 | $128 | 266 |
| 175 Barcelona | Prescott | $189,900 | $169,000 | 89.0% | 1,246 | $136 | 64 |
| 1320 Loren Driv | Prescott | $154,000 | $154,000 | 100.0% | 1,084 | $142 | 62 |
| 1940 Lazy Meado | Prescott | $400,000 | $385,000 | 96.3% | 2,461 | $156 | 239 |
| # of Homes: | 10 | ||||||
| Average | $179,940 | $172,050 | 95.7% | 1,517 | $114 | 141 | |
| Median | $155,950 | $153,750 | 96.6% | 1,412 | $120 | 134 | |
| MLS Data as of: | 7/3/2009 | *Source: PAAR MLS | |||||
If you are waiting on the sidelines to buy a property in the Prescott, Prescott Valley, Chino Valley, or Dewey-Humboldt market area, consider a foreclosured or REO property. I can make the process as painless as possible.
See this post before you get going: