Prescott Arizona Area Foreclosure News

The distressed real estate market in the Prescott area was busy again this week with 18 new homes coming on the market, about one in every five homes being listed in the Prescott Arizona Area MLS system.From the sales side they represented over half of the homes sold, and were over half of the sales [...]

Here is a list of the 8 Foreclosed/REO/Short Sales that sold in the last 60 days in Prescott as of 1-20-09. The average sales price was $257,550 and the median price is $237,750. The average price per square foot was $125 and the median price per square foot is $115. The average Cummulative Days on [...]

Quick update:
There were 10 new listings posted to the Prescott Area MLS in the last 7 days. 
To see them, click here:
New Prescott Arizona area Foreclosured/REO/Short Sale Listings
Or visit our Main Prescott MLS Search Page

Foreclosures seem to be all over the news these days and it is easy to see why.  At one time foreclosures used to be the exception in the Prescott area, now they are driving home prices down just like the rest of the country.
In the last 6 months, 120 foreclosed (bank-owned) homes sold in the Prescott [...]