Prescott Area Market Report
Twenty-seven new foreclosed or short sale homes came on the market last week, up 50% from last week’s 16. These made up about one in every 5 homes being listed in the Prescott Arizona Area MLS system.
Short Sales: 12/27 are short sale listings (see yellow highlight). Short sales are starting to make up more and more of the distressed inventory. I think this is mainly due to the fact that more agents and homeowners are becoming familiar with the process. And most of the new short sale listings are being priced more aggressively too. Many of my buyers are looking at the $100 per square foot number as a goal…might work in Prescott Valley, but in Prescott, this is tough for anything of quality.
Thinking about a short sale? Read these tips to make it go as quickly as possible:
How to help speed up a short sale tips
| Foreclosed and short sale homes new on market | |||||
| MLS | Address | City | List Price | SQFT | $/SQFT |
| 938287 | 15467 Cholla Circle | Cordes Lake | $32,900 | 1,344 | $24 |
| 938396 | 3013 Golden Way | Prescott Valley | $74,000 | 1,231 | $60 |
| 938325 | 2765 Kings Highway Ea | Prescott Valley | $80,000 | 1,200 | $67 |
| 938328 | 1262 Foothill Dr | Dewey -Humboldt | $184,900 | 2,558 | $72 |
| 938432 | 12749 Amor St. | Dewey -Humboldt | $138,000 | 1,893 | $73 |
| 938377 | 3175 Pine Dr | Prescott | $139,900 | 1,819 | $77 |
| 938252 | 546 Robles | Prescott Valley | $126,500 | 1,637 | $77 |
| 938272 | 7479 Outlook | Prescott Valley | $179,000 | 2,270 | $79 |
| 938274 | 7486 Outlook | Prescott Valley | $179,000 | 2,177 | $82 |
| 938302 | 14415 Lazy River Dr | Dewey -Humboldt | $199,000 | 2,400 | $83 |
| 938361 | 12995 Santiago St | Dewey -Humboldt | $158,500 | 1,888 | $84 |
| 938277 | 1621 Dancing Star Way | Prescott | $189,000 | 2,146 | $88 |
| 938276 | 7973 Thistle Drive | Prescott Valley | $150,000 | 1,677 | $89 |
| 938300 | 9160 Swift Trail Dr | Prescott Valley | $175,000 | 1,886 | $93 |
| 938378 | 6721 Voltaire Dr | Prescott Valley | $139,900 | 1,442 | $97 |
| 938425 | 3278 Victor Rd | Prescott Valley | $125,000 | 1,278 | $98 |
| 938417 | 1148 Arden Ct | Chino Valley | $179,500 | 1,830 | $98 |
| 938383 | 1396 Karen Drive | Chino Valley | $115,000 | 1,160 | $99 |
| 938374 | 515 Lotus Court | Prescott | $320,900 | 2,992 | $107 |
| 938332 | 2520 Koolridge Way | Chino Valley | $149,900 | 1,389 | $108 |
| 938315 | 1613 Lindley | Prescott | $109,900 | 1,010 | $109 |
| 938379 | 7362 Frisco Peaks | Prescott Valley | $173,900 | 1,579 | $110 |
| 938339 | 10479 Old Black Canyon | Dewey -Humboldt | $260,000 | 2,094 | $124 |
| 938321 | 1463 Kwana Ct | Prescott | $237,500 | 1,723 | $138 |
| 938337 | 11060 Out Of The Way P | Prescott Valley | $354,999 | 2,536 | $140 |
| 938373 | 403 Isabelle | Prescott | $352,500 | 2,237 | $158 |
| 938307 | 1346 Sabatina Street | Prescott | $299,000 | 1,829 | $163 |
| 938408 | 1662 Constable | Prescott | $450,000 | 2,556 | $176 |
| # of Homes Listed: | 27 | ||||
| Average | $188,346 | 1,849 | $99 | ||
| Median | $174,450 | 1,830 | $95 | ||
| MLS Date: | 6/9/2009 | *Source: (PAAR) 110-670 | |||
To get more information about any of these listings or any others in Prescott, Prescott Valley, Chino Valley or Dewey-Humboldt areas, feel free to contact me, or you can search by MLS number, address, or lots of other ways in our Search Prescott MLS section.
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