Prescott Arizona area foreclosure market report as of 6-13-09

Prescott Area Market Report
Twenty-eight new foreclosed or short sale homes came on the market last week, up one listing from last week’s twenty-seven. These made up about one in every 5 homes being listed in the Prescott Arizona Area MLS system which has been fairly constant for a couple of months now.
Short Sales: 9/28 are short sale listings (see yellow highlight). Short sale pricing is a bit of a crap shoot right now in the marketplace, and is driven by several factors: sometimes a short sale option investor is pricing the home; other times by the listing agent; and sometimes has been preapproved by the bank.
Thinking about buying a short sale or wondering what it’s like to sell one?
Read this first: FAQ: Short sale process in Prescott Arizona
| Foreclosed and short sale homes new on market | |||||
| MLS | Address | City | List Price | SQFT | $/SQFT |
| 938623 | 24200 Riviera Ave | Paulden | $25,000 | 1,188 | $21 |
| 938619 | 20735 Mingus Dr | Mayer | $50,000 | 1,472 | $34 |
| 938518 | 380 Cottonwood Ln | Chino Valley | $69,900 | 1,368 | $51 |
| 938562 | 12165 Kachina Pl | Dewey -Humboldt | $51,000 | 924 | $55 |
| 938618 | 7425 Woodchute Trail | Prescott Valley | $129,900 | 2,212 | $59 |
| 938484 | 735 Ahonen Rd | Paulden | $128,300 | 1,924 | $67 |
| 938648 | 623 Cortina St. | Dewey -Humboldt | $128,500 | 1,728 | $74 |
| 938499 | 182 Chino Drive | Chino Valley | $150,000 | 1,970 | $76 |
| 938459 | 594 Magdalena | Dewey -Humboldt | $149,000 | 1,729 | $86 |
| 938624 | 11573 Turquoise Cir | Dewey -Humboldt | $179,900 | 2,054 | $88 |
| 938461 | 7290 Hootennanny Rd | Prescott | $102,000 | 1,116 | $91 |
| 938501 | 7283 Viewscape | Prescott Valley | $169,900 | 1,690 | $101 |
| 938628 | 2270 Grey Fox Circle | Chino Valley | $177,500 | 1,738 | $102 |
| 938503 | 3856 Dale Dr | Prescott Valley | $139,900 | 1,365 | $102 |
| 938625 | 7460 Jasmine Vine Way | Prescott Valley | $163,500 | 1,572 | $104 |
| 938670 | 8131 Tranquil Blvd | Prescott Valley | $149,000 | 1,428 | $104 |
| 938640 | 6513 Clifton Terrace | Prescott Valley | $346,000 | 3,296 | $105 |
| 938582 | 4645 Pennycare Street | Prescott Valley | $176,900 | 1,642 | $108 |
| 938456 | 903 Louie | Prescott | $200,000 | 1,774 | $113 |
| 938527 | 5010 Pinto Dr | Prescott Valley | $173,900 | 1,529 | $114 |
| 938551 | 830 Heritage Cir | Prescott | $304,900 | 2,598 | $117 |
| 938622 | 907 Yavapai Hills Dr | Prescott | $255,000 | 2,120 | $120 |
| 938543 | 7675 Baxter Lane | Prescott Valley | $274,000 | 2,087 | $131 |
| 938567 | 4070 Cedar Heights Ro | Chino Valley | $224,900 | 1,659 | $136 |
| 938679 | 7300 Big Bug Mesa | Prescott | $405,000 | 2,848 | $142 |
| 938579 | 1727 Rolling Hills Dr | Prescott | $349,900 | 2,418 | $145 |
| 938643 | 1260 Manzanita Hill R | Prescott | $268,900 | 1,779 | $151 |
| 938672 | 1515 Split Rail Trail | Prescott Valley | $478,900 | 2,661 | $180 |
| # of Homes Listed: | 28 | ||||
| Average | $193,629 | 1,853 | $99 | ||
| Median | $171,900 | 1,734 | $103 | ||
| MLS Date: | 6/16/2009 | *Source: (PAAR) 110-670 | |||
Foreclosure/REO/bank-owned or short sale?
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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