Prescott Arizona Area Foreclosure News » sold listings http://prescott-area-foreclosures.com/wordpress Foreclosure, REO, and short sales in Prescott, Prescott Valley, Chino Valley, and Dewey-Humboldt Thu, 09 Sep 2010 18:36:38 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Prescott area REO and short sale homes sold 7-1-10 thru 7-31-10 http://prescott-area-foreclosures.com/wordpress/prescott-area-reo-and-short-sale-homes-sold-7-1-10-thru-7-31-10/ http://prescott-area-foreclosures.com/wordpress/prescott-area-reo-and-short-sale-homes-sold-7-1-10-thru-7-31-10/#comments Mon, 02 Aug 2010 20:30:58 +0000 Patrick Schutte, Certified Foreclosure Specialist http://prescott-area-foreclosures.com/wordpress/?p=1145

Sales volume in the distressed home market in the Prescott AZ area showed a slight decrease in July with 109 homes closing.  This compares to 94 homes sold by traditional resales during the same period.  This is 54% of all sales! The average price per square foot for REO and short sales was $80 and the average time to sell was 124 days compared to $116 per square foot and 189 days on market for traditional resales.  Traditional home sellers are continuing the trend of reducing their prices to sell against the foreclosures and short sales.  In fact, you can see that with 54% of the sales being REOS and short sales that these comps cannot be ignored.Short sales about 20% of sales:  Of the 109 homes sold, 18 were short sales (highlighted in yellow). 

39% of the homes sold at or more than asking price (see green highlight).  This continues to be amazing in a “weak market.”  Also note that most of the ones that sold quickly (list is sorted by Cumulative Days on Market (CDOM) received full price offers. 

Some of the buyers I am working with right now are trying to get 20% off of the bank’s price.  You can see how futile this exercise is when the average is only about 1.5% off.

 Single Family REO-Foreclosed-Short Sales Closed 7/1/10 – 7/31/10  
Address City List  Price Sale Price SP/LP  SQFT  $/SQFT CDOM
5260 Desert Lane Prescott Valley $58,900 $58,900 100.0%     1,224 $48 21
17351 Cardinal Lane Dewey -Humboldt $224,900 $225,000 100.0%     2,636 $85 25
2425 Gables Way Chino Valley $158,900 $158,900 100.0%     1,770 $90 26
14303 Datura Ln Dewey -Humboldt $274,900 $280,000 101.9%     2,517 $111 27
7480 Conestoga Way Prescott Valley $114,900 $114,000 99.2%     1,602 $71 27
26301 Woody Paulden $106,000 $106,000 100.0%     1,516 $70 28
7590 Traders Trail Prescott Valley $287,900 $285,000 99.0%     3,406 $84 29
40 Perkins Dr Prescott $148,900 $145,000 97.4%     2,719 $53 31
1131 Tanglewood Roa Prescott $368,000 $368,000 100.0%     2,897 $127 31
20203 Mingus Drive Mayer $29,900 $20,000 66.9%        840 $24 33
4518 Duke Prescott Valley $102,000 $102,000 100.0%     1,092 $93 35
7950 Knots Pass Prescott Valley $163,000 $163,000 100.0%     1,631 $100 35
755 Antelope Run R Paulden $34,900 $33,700 96.6%     1,120 $30 37
445 La Paz Street Dewey -Humboldt $169,900 $169,900 100.0%     1,775 $96 37
400 Galloway Dr Chino Valley $164,900 $161,000 97.6%     2,488 $65 39
2723 Cedar Springs Prescott Valley $62,900 $62,900 100.0%     1,196 $53 39
4673 Meixner Prescott Valley $77,900 $70,000 89.9%     1,733 $40 40
10228 Miami Mayer $41,900 $40,500 96.7%     1,404 $29 42
1355 Harvest Lane Prescott $429,900 $419,900 97.7%     4,880 $86 42
1002 Pinon Oak Dr Prescott $283,500 $263,500 92.9%     1,892 $139 44
20178 Cedar Canyon D Cordes Lake $66,900 $66,000 98.7%     1,232 $54 45
6113 Tower Ln Prescott Valley $106,000 $107,500 101.4%     1,197 $90 46
3423 Catherine Driv Prescott Valley $74,900 $70,000 93.5%        915 $77 47
1945 Javelina Path Chino Valley $69,900 $68,000 97.3%     1,125 $60 50
2730 Cedar Springs  Prescott Valley $79,900 $79,900 100.0%     1,252 $64 51
4520 Cypress Circle Prescott Valley $189,900 $187,900 98.9%     2,492 $75 52
4781 Sauter Dr E Prescott Valley $50,000 $51,000 102.0%     1,330 $38 53
8001 Tranquil Blvd Prescott Valley $98,000 $103,800 105.9%     1,408 $74 55
4864 Morningstar Dr Prescott Valley $113,900 $113,900 100.0%     1,187 $96 56
1346 Sabatina Stree Prescott $279,900 $266,000 95.0%     1,829 $145 57
1990 Aiken Ranch Ro Paulden $249,900 $249,900 100.0%     2,240 $112 58
1150 Paar Drive Prescott $164,900 $164,900 100.0%     1,808 $91 59
10650 Rocky Hill Dr Dewey -Humboldt $142,500 $142,500 100.0%     1,640 $87 60
1716 Alpine Meadows Prescott $189,900 $182,000 95.8%     1,785 $102 63
13072 Durango Street Dewey -Humboldt $199,000 $200,000 100.5%     2,748 $73 64
1228 Road 1 South Chino Valley $222,900 $225,000 100.9%     1,869 $120 64
10358 Powerline Road Dewey -Humboldt $205,000 $216,000 105.4%     2,703 $80 64
10233 Black Angus Ro Dewey -Humboldt $59,900 $55,750 93.1%     1,392 $40 65
6285 Gray Gos Rd Chino Valley $99,900 $80,000 80.1%     1,716 $47 67
14313 White Dr Dewey -Humboldt $159,900 $158,500 99.1%     1,600 $99 67
12840 Garcia Prescott Valley $199,000 $199,000 100.0%     2,175 $91 67
5445 Bronco Ln Prescott Valley $159,000 $150,000 94.3%     1,501 $100 67
20916 Mesa Verde Rd Cordes Lake $43,000 $37,500 87.2%     1,232 $30 70
2280 Polaris Chino Valley $129,900 $134,000 103.2%     1,334 $100 71
6689 Mayflower Prescott Valley $190,000 $185,000 97.4%     1,751 $106 72
2675 Road 4 North Chino Valley $93,900 $92,900 98.9%     1,404 $66 72
700 Sharon Road Chino Valley $70,000 $70,000 100.0%     1,373 $51 73
11985 Yavapai Dr Dewey -Humboldt $149,900 $149,900 100.0%     1,795 $84 74
4414 Parent Road Prescott Valley $64,800 $56,000 86.4%     1,378 $41 75
7236 Roque Lane Prescott Valley $224,900 $221,500 98.5%     2,432 $91 76
6636 Sandhurst Prescott Valley $123,500 $123,500 100.0%     1,095 $113 77
3546 Needles Prescott Valley $109,000 $104,000 95.4%     1,260 $83 77
3247 Victor Rd Prescott Valley $79,000 $79,000 100.0%     1,008 $78 78
3110 Angus Dr Prescott $419,900 $410,000 97.6%     3,213 $128 78
7300 Lobo Way Prescott Valley $122,500 $120,000 98.0%     1,240 $97 81
8428 Manley Drive Prescott Valley $80,000 $70,000 87.5%     1,120 $63 81
20516 Deer Valley Ln Cordes Lake $98,900 $103,000 104.1%     1,819 $57 92
825 Adair Dr Chino Valley $189,900 $184,000 96.9%     1,744 $106 92
706 Parsley Place Prescott $320,000 $285,000 89.1%     2,184 $130 96
12727 Garcia Street Dewey -Humboldt $179,900 $175,000 97.3%     2,373 $74 98
9560 Magma Prescott Valley $150,000 $119,000 79.3%     1,579 $75 98
1334 Nana Lane Chino Valley $68,000 $75,000 110.3%     1,237 $61 99
4164 Coburn Drive Prescott $179,000 $165,000 92.2%     1,389 $119 101
2529 Home Lane Chino Valley $94,100 $85,000 90.3%     2,064 $41 103
5200 Squaw Drive Prescott Valley $103,900 $103,900 100.0%     1,386 $75 104
7132 Summit View Prescott Valley $164,900 $159,000 96.4%     1,824 $87 105
13620 Sage Brush Dr Spring Valley $34,900 $25,000 71.6%     1,178 $21 106
720 Sky Terrace Prescott $249,900 $238,000 95.2%     2,588 $92 106
860 Newton Way Chino Valley $119,900 $111,000 92.6%     1,371 $81 108
621 Zuni Dr. Prescott $154,900 $154,901 100.0%     1,176 $132 108
2505 Koolridge Way Chino Valley $154,900 $161,000 103.9%     1,486 $108 108
4963 Living Rock Ct Prescott $199,900 $180,000 90.0%     2,376 $76 110
467 Magdalena St. Dewey -Humboldt $192,360 $192,360 100.0%     2,748 $70 112
3856 Dale Drive Prescott Valley $124,900 $122,500 98.1%     1,365 $90 113
4760 Verde Vista Prescott Valley $146,220 $148,000 101.2%     1,518 $97 115
1352 Taft Ave Chino Valley $124,900 $122,000 97.7%     1,410 $87 115
4457 Kirkwood Prescott Valley $239,900 $230,000 95.9%     3,084 $75 121
705 Lois Lane Chino Valley $56,900 $56,000 98.4%     2,103 $27 126
693 Sesame Street Prescott $269,900 $260,000 96.3%     2,187 $119 127
733 Zuni Drive Prescott $169,900 $165,000 97.1%     1,079 $153 131
8026 Barbara Rd. Prescott Valley $85,500 $70,000 81.9%     1,587 $44 136
1074 Stratus Way Prescott $119,900 $105,000 87.6%     1,750 $60 136
20620 Concho Ln Cordes Lake $42,500 $34,500 81.2%     1,080 $32 143
8225 Manley Dr. Prescott Valley $53,900 $42,000 77.9%     1,395 $30 167
692 Belmont Way Chino Valley $105,000 $105,000 100.0%     1,290 $81 168
5577 Mesquite Dr Prescott Valley $129,900 $129,900 100.0%     1,624 $80 169
3447 Prescott East  Prescott Valley $77,600 $60,000 77.3%     1,361 $44 174
26885 Dark Sky Dr. Paulden $45,500 $39,000 85.7%     1,418 $28 175
1290 Sierra Vista Prescott $209,900 $200,000 95.3%     2,106 $95 179
2185 Glenshandra Prescott $249,000 $252,420 101.4%     1,710 $148 208
6800 Sunset Ct Prescott Valley $165,000 $160,000 97.0%     1,630 $98 212
3461 Jester Circle Prescott Valley $89,900 $87,500 97.3%     1,770 $49 213
625 Ambassador Dewey -Humboldt $149,500 $155,000 103.7%     1,541 $101 216
946 Talia Way Chino Valley $239,900 $170,625 71.1%     2,688 $63 218
7860 Larkspur Prescott Valley $149,900 $137,395 91.7%     1,732 $79 218
25755 Old Highway 89 Paulden $159,900 $155,000 96.9%     2,448 $63 220
998 Tiffany Way Chino Valley $215,000 $205,000 95.3%     1,908 $107 231
7100 War Eagle Prescott $173,000 $143,000 82.7%     1,300 $110 259
2239 Desert Willow  Prescott $255,000 $255,000 100.0%     2,186 $117 268
7075 Lynx Wagon Prescott Valley $160,000 $160,000 100.0%     1,539 $104 281
1600 Sitting Bull D Dewey -Humboldt $45,000 $28,000 62.2%     1,080 $26 293
3600 Grey Fox Chino Valley $165,000 $165,000 100.0%     1,740 $95 325
195 Antelope Run R Paulden $67,900 $50,000 73.6%     2,052 $24 328
3245 Tower Rd Prescott Valley $99,000 $94,900 95.9%     1,500 $63 334
523 Hillcrest Prescott $275,000 $260,000 94.5%     2,919 $89 401
2088 Villa Real Dri Dewey -Humboldt $200,000 $205,001 102.5%     2,199 $93 430
7963 Music Mountain Prescott Valley $135,000 $133,000 98.5%     1,479 $90 490
1295 Prairie Grass  Chino Valley $55,000 $55,000 100.0%     1,152 $48 571
10700 Patina Rd Prescott $299,000 $285,000 95.3%     2,037 $140 778
Number of Homes: 109            
  Average $150,368 $144,954 95.3%    1,767 $80 124
  Median $148,900 $142,500 97.7%    1,624 $81 81
MLS Data as of:   8/2/2010 *Source: PAAR MLS        

See: Why short sales aren’t always a good deal. 

Considering making an offer in today’s distressed home marketplace in Prescott or Prescott Valley?  See: Top 10 tips to win the REO multiple offer game.

For more information on any of these listings, please contact me.

 Search for Prescott area REO/Foreclosed and Short Sale Listings

Free Nationwide Foreclosure Search

]]> http://prescott-area-foreclosures.com/wordpress/prescott-area-reo-and-short-sale-homes-sold-7-1-10-thru-7-31-10/feed/ 0 Prescott area REO and short sale homes sold 6-1-10 thru 6-30-10 http://prescott-area-foreclosures.com/wordpress/prescott-area-reo-and-short-sale-homes-sold-6-1-10-thru-6-30-10/ http://prescott-area-foreclosures.com/wordpress/prescott-area-reo-and-short-sale-homes-sold-6-1-10-thru-6-30-10/#comments Fri, 02 Jul 2010 19:57:22 +0000 Patrick Schutte, Certified Foreclosure Specialist http://prescott-area-foreclosures.com/wordpress/?p=1144

 

Sales volume in the distressed home market in the Prescott AZ area showed a slight increase in June with 128 homes closing.  This compares to  132 homes sold by traditional resales during the same period.  This is 49% of all sales! The average price per square foot for REO and short sales was $85 and the average time to sell was 136 days compared to $122 per square foot and 181 days on market for traditional resales.  Traditional home sellers are continuing the trend of reducing their prices to sell against the foreclosures and short sales.  In fact, you can see that with 49% of the sales being REOS and short sales that these comps cannot be ignored.Short sales about 19% of sales:  Of the 128 homes sold, 25 were short sales (highlighted in yellow). 

47% of the homes sold at or more than asking price (see green highlight).  This continues to be amazing in a “weak market.”  Also note that most of the ones that sold quickly (list is sorted by Cumulative Days on Market (CDOM) received full price offers. 

Some of the buyers I am working with right now are trying to get 20% off of the bank’s price.  You can see how futile this exercise is when the average is only about 1.5% off.

 See: Why short sales aren’t always a good deal.  

 Single Family REO-Foreclosed-Short Sales Closed 6/1/10 – 6/30/10  
Address City List  Price Sale Price SP/LP  SQFT  $/SQFT CDOM
2820 Indian Wells D Prescott Valley $55,000 $57,100 103.8%     1,322 $43 9
825 Prescott Heigh Prescott $79,900 $79,900 100.0%     1,146 $70 16
1542 Mediterranean  Prescott $189,900 $189,900 100.0%     2,260 $84 26
15380 Hootenanny Roa Prescott $32,900 $35,000 106.4%        993 $35 27
5401 Lone Dr Prescott Valley $49,900 $60,000 120.2%     1,227 $49 28
546 Leroux Street Prescott $199,900 $202,700 101.4%     2,049 $99 29
8148 Manley Prescott Valley $140,000 $117,500 83.9%     1,378 $85 30
6575 Margam Rd Prescott Valley $166,900 $180,000 107.8%     1,695 $106 32
2774 Panorama Drive Prescott Valley $74,900 $74,900 100.0%     1,296 $58 35
1260 Rolling Hills  Paulden $124,900 $128,500 102.9%     2,244 $57 37
927 White Spar Prescott $69,900 $62,250 89.1%        897 $69 39
1189 Allerton Way Chino Valley $142,600 $142,600 100.0%     1,911 $75 40
11149 Kachina Pl Dewey -Humboldt $134,900 $140,000 103.8%     2,165 $65 42
1446 Eagle Ridge Rd Prescott $204,500 $202,500 99.0%     2,032 $100 42
11940 Six Shooter Rd Prescott $499,900 $490,000 98.0%     4,266 $115 43
7603 Sedalia Trail Prescott Valley $176,900 $176,900 100.0%     1,944 $91 45
3350 Tower Prescott Valley $89,900 $95,000 105.7%     1,021 $93 46
13530 Burton Rd Mayer $139,900 $140,000 100.1%     1,642 $85 48
2570 Erin Circle Prescott $189,900 $189,900 100.0%     1,534 $124 48
10720 Earle Way Dewey -Humboldt $49,900 $53,000 106.2%        720 $74 49
4825 Sauter Drive E Prescott Valley $89,900 $96,000 106.8%     1,472 $65 49
12085 Antelope Meado Prescott Valley $66,900 $68,600 102.5%     2,052 $33 49
10150 Hereford Ln Dewey -Humboldt $76,900 $75,000 97.5%     1,248 $60 50
1640 Road 4 North Chino Valley $149,900 $137,500 91.7%     2,009 $68 51
414 Hayes Ct Chino Valley $163,900 $163,900 100.0%     2,046 $80 51
2983 Mesa Court Prescott $139,900 $160,100 114.4%     1,223 $131 51
11 Broadmoor Prescott $179,900 $179,900 100.0%     1,456 $124 52
7723 Dusty Trail Wa Prescott Valley $214,900 $200,000 93.1%     2,159 $93 53
7359 Summit Place Prescott Valley $129,500 $137,000 105.8%     1,296 $106 54
4755 Robbie Lane Paulden $115,000 $100,000 87.0%     1,456 $69 55
1700 Lasso Ln Chino Valley $149,900 $146,900 98.0%     1,404 $105 56
5365 Bruno Canyon D Prescott $539,000 $450,000 83.5%     3,346 $134 57
13055 Newport Rd Dewey -Humboldt $29,900 $27,250 91.1%     1,034 $26 59
364 Armitage Way Chino Valley $174,900 $174,900 100.0%     2,441 $72 59
3830 Gambels Ridge  Chino Valley $163,900 $162,000 98.8%     1,639 $99 60
4700 Norman Rd Prescott Valley $69,900 $63,500 90.8%        864 $73 60
4448 Plainsman Way Prescott Valley $145,000 $145,000 100.0%     1,620 $90 60
4400 La Jolla Prescott Valley $185,500 $181,000 97.6%     2,316 $78 61
4897 Harlequin Dr. Prescott Valley $84,900 $84,900 100.0%     1,175 $72 63
2967 Trail Walk Prescott $332,900 $265,000 79.6%     2,297 $115 64
4695 Donna Dr. Prescott $94,900 $100,000 105.4%