Prescott Arizona Area Foreclosure News

23 new foreclosed or short sale homes came on the market during the week of March 21-March 27. These made up approximately 1/4 of the homes listed in the Prescott Arizona Area MLS system last week at 26%. 
There were 63 traditional listings that came on the market last week at an average of $151 per [...]

40 new foreclosed or short sale homes came on the market during the week of March 14-March 20. These made up approximately 1/3 of the homes listed in the Prescott Arizona Area MLS system last week at 37%. 
There were 67 traditional listings that came on the market last week at an average of $148 per [...]

26 new foreclosed or short sale homes came on the market during the week of March 7-March 13. These made up about 1/3 of the homes listed in the Prescott Arizona Area MLS system last week at 36%. 
There were 47 traditional listings that came on the market last week at an average of $143 per [...]

38 new foreclosed or short sale homes came on the market during the week of February 28-March 6. These made up less than 1/2 of the homes listed in the Prescott Arizona Area MLS system last week at 30%. 
There were 88 traditional listings that came on the market last week at an average of $154 [...]

Sales volume in the distressed home market in the Prescott AZ area is up slightly with 92 homes closing in February.  This compares to 67 homes sold by traditional resales during the same period.  This is 58% of all sales!
The average price per square foot for REO and short sales was $82 and the average time to sell [...]