Prescott area foreclosed/REO homes sold in last 10 days > 02-25-09
Prescott Area Market Report
Activity in the distressed home market in the Prescott AZ area remains strong with 14 homes closing in the last 10 days that were either bank owned/REOs or short sales.
When banks price these properties below market value, multiple offers occur and prices can exceed asking price even in this buyer’s market. Several of the homes sold for more than asking price (see green highlight) and got multiple offers to get there.
Interested in purchasing a foreclosure or short sale?
Read this post: Prescott Foreclosure or Short Sale?
| Single Family REO-Foreclosed-Short Sales Closed Last 10 Days* | ||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT |
| 9180 State Route | Wilhoit | $62,800 | $55,000 | 87.6% | 1,796 | $31 |
| 9800 Catalina Dri | Prescott Valley | $124,900 | $110,000 | 88.1% | 2,160 | $51 |
| 815 Fitzmaurice | Prescott | $319,900 | $290,000 | 90.7% | 4,758 | $61 |
| 20140 Ocotillo | Cordes Junction | $179,000 | $158,000 | 88.3% | 2,013 | $78 |
| 3280 Cedar Height | Chino Valley | $118,900 | $123,900 | 104.2% | 1,410 | $88 |
| 587 Franco St | Dewey -Humboldt | $135,900 | $130,000 | 95.7% | 1,470 | $88 |
| 325 Laureleaf Dr | Prescott | $302,400 | $285,000 | 94.2% | 2,865 | $99 |
| 4800 Norman | Prescott Valley | $123,900 | $130,000 | 104.9% | 1,204 | $108 |
| 7699 Bravo Ln | Prescott Valley | $369,000 | $318,114 | 86.2% | 2,836 | $112 |
| 654 Shard | Prescott | $214,900 | $215,000 | 100.0% | 1,824 | $118 |
| 357 Trailwood Dr | Prescott | $325,000 | $320,000 | 98.5% | 2,640 | $121 |
| 5176 Mission Ln | Prescott Valley | $199,800 | $199,800 | 100.0% | 1,444 | $138 |
| 73 Woodside Dr. | Prescott | $285,900 | $275,000 | 96.2% | 1,917 | $143 |
| 632 Rancho Vista | Prescott | $350,900 | $335,000 | 95.5% | 1,979 | $169 |
| Number of Homes: | 14 | |||||
| 102 Days on Market | Average | $222,371 | $210,344 | 95.0% | 2,165 | $101 |
| 76 Days on Market | Median | $207,350 | $207,400 | 95.6% | 1,948 | $104 |
| MLS Data as of: | 2/25/2009 | *Source: PAAR | ||||
To see our latest market report, click here.
For more information on any of these listings including the days on market for an individual property, please contact me.
Search for Prescott area REO/Foreclosed and Short Sale Listings
Tags: CDOM, DOM, foreclosed, price per square foot, reos, short sales, sold listings 
Categories: Arizona Foreclosure News, Chino Valley Foreclosures, Dewey-Humboldt Foreclosures, Foreclosure Market Report, Market Statistics, Prescott Foreclosure Info, Prescott Foreclosure News, Prescott Valley Foreclosures| | 
[...] How to help speed up a short sale tips [...]
[...] How to help speed up a short sale tips [...]
[...] Thinking about a short sale? Read: How to help speed up a short sale tips [...]
[...] Read: How to help speed up a short sale tips [...]
[...] Read: How to help speed up a short sale tips [...]