Prescott currently has 179 single family homes for sale with an average list price of $989,561.22, 9 townhouses for sale with an average list price of $367,188.78, 1 condo for sale with a list price of $1,349,000, and 110 lots for sale with an average list price of $446,619.92. The average annual property tax for Prescott is $2,151.11.
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 November decreased in volume by 28% when compared to last year, while the median sale price rose by 29% from $595,000 to $767,500. House sales decreased by 26.1%, while the median sale price rose by 31.1% from $599,000 to $785,000. Townhouse sales decreased by 50%, while the median sale price rose by 50.3% from $299,500 to $450,000.
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252
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130
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161
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342
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$620,000
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$675,000
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$650,000
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$641,701.50
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| 2021 | 2022 | 2023 | 2024 |
| 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.