February 4, 2012, 2:06 pm
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Nextage Realty Professionals

Prescott Arizona area foreclosure market report as of 6-20-09

Prescott Area Market Report

Prescott Area Market Report

Eighteen foreclosed or short sale homes came on the market last week, down from last week’s 24.  They made up about one in every 5 homes being listed in the Prescott Arizona Area MLS system.  

I expect REOs and short sales to continue to dominate the sales side of the market with the discount available on the foreclsoure side.    The average for the 18 below was $88/sqft while the 64 traditional sales average $156/sqft. 

Short Sales:  4/18 are short sale listings (see yellow highlight).  

    Foreclosed and short sale homes new on market
MLS Address City List Price  SQFT  $/SQFT
938737 375 Lake Louise Road Paulden $56,000     1,680 $33
938743 17261 Bob White Rd Mayer $71,000     1,654 $43
938765 2700 Prescott East Hi Prescott Valley $63,900     1,440 $44
938709 6701 Hwy 69 Mayer $186,900     3,252 $57
938795 12688 Brumoso St Dewey -Humboldt $188,500     3,067 $61
938814 8031 Nancy Rd Prescott Valley $93,900     1,525 $62
938661 3434 Robert Prescott Valley $92,000     1,408 $65
938704 20245 Sierra Dr Cordes Lake $93,000     1,395 $67
938651 10358 Powerline Rd. Dewey -Humboldt $205,000     2,703 $76
938783 13086 Ponce St Dewey -Humboldt $140,000     1,785 $78
938758 7257 Woolsey Ranch Rd Prescott Valley $187,000     2,196 $85
938784 7241 Paseo Escondido Prescott Valley $160,000     1,878 $85
938705 4681 Granada Dr. Prescott Valley $148,800     1,488 $100
938782 4785 Edgemont Rd Prescott Valley $188,100     1,756 $107
938675 1880 Manzanita Dr. Prescott $474,900     4,100 $116
938696 7443 Mountain Dr. Prescott Valley $174,900     1,425 $123
938721 3690 Blackjack Ridge Prescott $499,000     2,829 $176
938817 14825 Hazy Swayze Lane Prescott $544,500     2,555 $213
  # of Homes Listed: 18      
       Average $198,189    2,119 $88
       Median $167,450    1,771 $77
MLS Date: 6/24/2009 *Source:  (PAAR) 110-670

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  

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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