The Precott Az area condo market seems to be gaining more momentum with 15 solds in April. 7 of these were REO or shorts sales (highlighted in yellow), which typically sell for less $/sq ft.
| Prescott Area Condos, Townhomes, Patio Homes Closed – April 2010 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 12688 Brumoso St | Dewey -Humboldt | $140,000 | $130,000 | 92.9% | 3,067 | $42 | 306 |
| 12674 Casa Bella | Dewey -Humboldt | $189,900 | $186,000 | 97.9% | 3,021 | $62 | 97 |
| 12749 Amor St. | Dewey -Humboldt | $122,500 | $122,500 | 100.0% | 1,782 | $69 | 314 |
| 12669 Viento St | Dewey -Humboldt | $119,900 | $119,000 | 99.2% | 1,728 | $69 | 79 |
| 3079 Peaks View | Prescott | $98,900 | $90,000 | 91.0% | 998 | $90 | 743 |
| 2140 Mission Wa | Prescott | $149,900 | $135,000 | 90.1% | 1,210 | $112 | 49 |
| 3059 Smokey Roa | Prescott | $111,000 | $111,000 | 100.0% | 965 | $115 | 98 |
| 3288 Iris Ln | Prescott | $137,900 | $138,400 | 100.4% | 1,188 | $116 | 101 |
| 6803 Falon Ct | Prescott Valley | $200,455 | $147,000 | 73.3% | 1,225 | $120 | 199 |
| 418 Jimson Way | Prescott | $157,500 | $152,000 | 96.5% | 1,256 | $121 | 235 |
| 660 Cross Cree | Prescott | $419,000 | $350,000 | 83.5% | 2,818 | $124 | 521 |
| 1716 Alpine Mea | Prescott | $227,900 | $220,000 | 96.5% | 1,688 | $130 | 169 |
| 1393 Coyote Roa | Prescott | $229,900 | $222,000 | 96.6% | 1,655 | $134 | 44 |
| 1655 Quail Run | Prescott | $189,000 | $185,000 | 97.9% | 1,286 | $144 | 44 |
| 745 Babbling B | Prescott | $429,500 | $375,000 | 87.3% | 1,756 | $214 | 528 |
| # of Homes: | 15 | ||||||
| Average | $194,884 | $178,860 | 93.5% | 1,710 | $111 | 235 | |
| Median | $157,500 | $147,000 | 96.5% | 1,655 | $116 | 169 | |
| MLS Data as of: | 5/2/2010 | *Source: PAAR MLS | |||||
If you are waiting on the sidelines to buy a property in the Prescott, Prescott Valley, Chino Valley, or Dewey-Humboldt market area, consider a foreclosured or REO property. I can make the process as painless as possible.
See this post before you get going:
Top 10 tips to win the REO multiple offer game