The Precott Az area condo market continued to sputter along again in May with 4 sales, the same as April. The property on Rolling Green was a REO and sold in only 18 days on market. A good example of how fast well-priced properties are going. This same unit sold last year for $185K and for $150k in 2004.
| Prescott Area Condos, Townhomes, Patio Homes Closed – May 2009 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 955 Rolling Gr | Dewey -Humboldt | $150,000 | $145,000 | 96.7% | 1,908 | $76 | 18 |
| 1120 Leaf Lane | Prescott | $142,900 | $130,000 | 91.0% | 1,575 | $83 | 113 |
| 6993 Lantern La | Prescott Valley | $157,000 | $151,000 | 96.2% | 1,196 | $126 | 111 |
| 420 Lodgepole | Prescott | $199,900 | $190,000 | 95.0% | 1,248 | $152 | 60 |
| # of Homes: | 4 | ||||||
| Average | $162,450 | $154,000 | 94.7% | 1,482 | $109 | 76 | |
| Median | $153,500 | $148,000 | 95.6% | 1,412 | $104 | 86 | |
| 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.
Are you going to make an offer on a short sale?
Read this first: 10 questions for Prescott AZ short sale brokers
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