The Prescott AZ area condo market stayed steady through the holiday season with a total of 10 sold properties in December. 3 of the 10 closings were bank-owned or short sales (highlighted in yellow).
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 foreclosure or REO property. I can make the process as painless as possible.
| Prescott Area Condos, Townhomes, Patio Homes Closed – Dec 2009 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 12706 Amor Stree | Dewey -Humboldt | $132,000 | $133,000 | 100.8% | 1,728 | $77 | 49 |
| 1106 Boulder Pa | Prescott | $124,000 | $124,100 | 100.1% | 1,482 | $84 | 34 |
| 1149 Mary Dr | Prescott | $120,900 | $120,900 | 100.0% | 1,386 | $87 | 48 |
| 1127 Leaf Lane | Prescott | $149,900 | $135,000 | 90.1% | 1,472 | $92 | 177 |
| 1628 Mcqueen Cr | Prescott | $105,000 | $95,000 | 90.5% | 917 | $104 | 149 |
| 4952 Summit Cir | Prescott | $145,000 | $139,375 | 96.1% | 1,100 | $127 | 160 |
| 292 Mahogany L | Prescott | $169,000 | $159,000 | 94.1% | 1,165 | $136 | 157 |
| 930 Old Stage | Prescott | $163,500 | $161,000 | 98.5% | 1,176 | $137 | 79 |
| 1716 Alpine Mea | Prescott | $274,900 | $260,000 | 94.6% | 1,688 | $154 | 125 |
| 1716 Alpine Mea | Prescott | $350,000 | $350,000 | 100.0% | 1,811 | $193 | 122 |
| # of Homes: | 10 | ||||||
| Average | $173,420 | $167,738 | 96.5% | 1,393 | $119 | 110 | |
| Median | $147,450 | $137,188 | 97.3% | 1,429 | $115 | 124 | |
| MLS Data as of: | 1/2/2009 | *Source: PAAR MLS | |||||
Note: The average time on market is very long considering that the average time on market for single family homes is less than 250 days.
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: