rescott, Arizona Real Estate Market Update Oct. 2024

Here is the latest Prescott, Arizona real estate market news.

There are easy to understand charts to show what is happening.

Properties with a Price Decrease – 55%, over half but going down slowly.
Goes up and down with seasons.

Price Per SF – $346 – flat, trending down, down from 347 a month ago.

Median List – $800k, $810k last month, flat, trending down.

3 year charts—-
CDOM – 69 – last month 66. flat, trending up.

Sold to list ratio – 94.8 – down from last 95.1 Flat, trend down

Number sold 229 – last 267- flat, trending down

Number active 1214 – last 1187 steady rise to over 1200, twice what we had 3 years ago. Up, trending up

Both – Compare total for sale and total sold. Active Going up. Sold going down.