The Prescott AZ area condo market took a noticable dive in January with only 4 properties sold. 2 of the 4 closings were bank-owned or short sales (highlighted in yellow).
| Prescott Area Condos, Townhomes, Patio Homes Closed – Jan 2010 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 3083 Shoshone P | Prescott | $85,000 | $80,000 | 94.1% | 863 | $93 | 215 |
| 1129 Leaf Lane | Prescott | $149,000 | $137,000 | 91.9% | 1,386 | $99 | 75 |
| 3220 Iris Ln | Prescott | $146,900 | $157,100 | 106.9% | 1,496 | $105 | 68 |
| 1610 Coyote Rd. | Prescott | $245,000 | $240,000 | 98.0% | 1,618 | $148 | 157 |
| # of Homes: | 4 | ||||||
| Average | $156,475 | $153,525 | 97.7% | 1,341 | $111 | 129 | |
| Median | $147,950 | $147,050 | 96.0% | 1,441 | $102 | 116 | |
| MLS Data as of: | 2/2/2010 | *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: