Prescott Arizona Area Foreclosure News

45 new foreclosed or short sale homes came on the market during the week of January 24-January 30.  These made up nearly half of  homes listed in the Prescott Arizona Area MLS system last week at 47%. 
There were 50 traditional listings that came on the market  last week at an average of $163 per square foot.  [...]

 32 new foreclosed or short sale homes came on the market during the week of January 17-January 23.  These made up half of  homes listed in the Prescott Arizona Area MLS system last week at 42%. 
There were 44 traditional listings that came on the market  last week at an average of $170 per square foot.  Compare [...]

32 new foreclosed or short sale homes came on the market during the week of January 10-January 16.  These made up half of  homes listed in the Prescott Arizona Area MLS system last week at 42%. 
There were 45 traditional listings that came on the market  last week at an average of $157per square foot.  Compare that [...]

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 42 new foreclosed or short sale homes came on the market during the week of January 03-January 09.  These made up half of  homes listed in the Prescott Arizona Area MLS system last week at 50%. 
There were 42 traditional listings that came on the market  last week at an average of $136 per square foot.  Compare [...]

Sales volume in the distressed home market in the Prescott AZ area is up with 96 homes closing in December.  This compares to 84 homes sold by traditional resales during the same period.  This is 54% of all sales!
The average price per square foot for REO and short sales was $87 and the average time to sell was [...]

The National Association of REALTORs (NAR’s) Pending Home Sales Index (PHSI), a forward-looking indicator based on contracts signed in November, dropped to 96.0 in November, a 16.0 percent decrease from October 2009. This decline came after a surge in activity in preceding months, as first-time homebuyers rushed to beat the original deadline for the homebuyer’s [...]

14 new foreclosed or short sale homes came on the market during the week of December 27-January 02, understandably down drastically due to the holiday week.  These made up over 1/3 of  homes listed in the Prescott Arizona Area MLS system last week at 37%.  This figure is down quite a bit, however this particular week found [...]