Here’s Why:
The highlight for first four months of 2012 is that the median sales price for both residential homes and vacant land has gone up. Heres some other highlights….
Residential
• Residential Listings are up 23.5% in 2012 over the last four months of 2011
• Residential Pending sales are up 25% in 2012 over last four months of 2011
• Median sales price has increased .35% and a whopping 4% over the same four months Jan-April in 2011
• Average sale price $241,301 for Prescott and days on market 169
• Average sale price $138,658 for PV and days on market 116
Land
• Land Sales up in 2012 43.41% over last four months of 2011
• Land pending sales up 70% over last four of 2011
• Median sales price has increased 20%
If you have been “sitting the fence” waiting to buy in Prescott, AZ – Don’t think, ACT! These stats are proof that if you wait much longer, you may not get the property you wan for the price you can afford.
Click here to search all current Prescott, AZ listings today! We look forward to helping you find your home!
