The Prescott Az area condo market tripled July’s 3 sales with a total of 9 sales in August! One of the sales was a REO (highlighted in yellow) and lead the way in $/sqft. We are finally starting to see some normalcy i the number of days on the market, possibly indicating that sellers are watching previous sold prices and the correlation to the days on the market.
| Prescott Area Condos, Townhomes, Patio Homes Closed – August 2009 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 987 Rolling Gr | Dewey -Humboldt | $129,900 | $127,900 | 98.5% | 1,908 | $67 | 149 |
| 423 Lantana | Prescott | $157,900 | $153,000 | 96.9% | 1,450 | $106 | 77 |
| 1094 Denim | Prescott | $149,900 | $140,000 | 93.4% | 1,309 | $107 | 105 |
| 11519 Wingfoot C | Dewey -Humboldt | $134,900 | $132,000 | 97.9% | 1,200 | $110 | 162 |
| 3129 Montana Te | Prescott | $123,500 | $115,000 | 93.1% | 998 | $115 | 107 |
| 360 Rim Rock C | Prescott | $124,900 | $123,000 | 98.5% | 1,014 | $121 | 59 |
| 905 Old Stage | Prescott | $162,500 | $159,000 | 97.8% | 1,177 | $135 | 97 |
| 1262 Crown Ridg | Prescott | $269,900 | $260,000 | 96.3% | 1,821 | $143 | 112 |
| 1755 Rustic Tim | Prescott | $200,000 | $190,000 | 95.0% | 1,320 | $144 | 468 |
| # of Homes: | 9 | ||||||
| Average | $161,489 | $155,544 | 96.4% | 1,355 | $116 | 148 | |
| Median | $149,900 | $140,000 | 96.9% | 1,309 | $115 | 107 | |
| MLS Data as of: | 9/2/2009 | *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: