North Central Prescott Area
Real Estate Market Summary
North Central Prescott Area is leaning towards a buyer’s market.
The inventory is higher, and the sold prices are crashing. Sold to List Ratio is fading also.
The Sold Price Volume is fading also, compared to last year.
With the Absorption Rate staying high, going from .5 to 2.2 this year, this area is selling less properties and they are staying on the market for a lot longer.
Days On Market is high.
Sold Price (Average) | $435,516 |
Listing Price (Average) | $716,928 |
Active Listings | 94 |
Sold Listings | 25 |
Absorption Rate | 2.35 |
Sold To List Ratio (Average) | 92.7% |
Days On Market (Average) | 62.7 |
Price Volume Active | $67,390,000 |
Price Volume Sold | $10,890,000 |
