Prescott currently has 176 single family homes for sale with an average list price of $997,969.64, 8 townhouses for sale with an average list price of $435,274.75, 1 condo for sale with a list price of $1,285,000, and 108 lots for sale with an average list price of $315,194.14. The average annual property tax for Prescott is $2,162.27.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Prescott, i.e. what's hot and what's not.
See What's Hot & What's Not in PrescottPrescott home sales for the month of January rose in volume by 4.3% when compared to last year, while the median sale price decreased by 6% from $760,000 to $714,250. House sales rose by 15%, while the median sale price decreased by 14.6% from $865,000 to $738,500. Townhouse sales decreased by 66.7%, while the median sale price decreased by 4.8% from $322,500 to $307,000.
|
135
|
166
|
344
|
338
|
| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
|
$675,000
|
$649,000
|
$645,500
|
$652,500
|
| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.