The Prescott AZ area condo market had 10 solds in August. 5 of these were REO or shorts sales (highlighted in yellow), which typically sell for less $/sq ft.
| Prescott Area Condos, Townhomes, Patio Homes Closed – Aug 2010 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 745 Violinista | Dewey -Humboldt | $149,900 | $149,900 | 100.0% | 3,057 | $49 | 351 |
| 1110 Boulder Pa | Prescott | $114,900 | $92,000 | 80.1% | 1,482 | $62 | 108 |
| 1600 Lindley Dr | Prescott | $77,000 | $77,000 | 100.0% | 1,155 | $67 | 66 |
| 3099 Peaks View | Prescott | $89,000 | $86,000 | 96.6% | 1,006 | $85 | 353 |
| 3090 Montana Ct | Prescott | $84,900 | $84,900 | 100.0% | 965 | $88 | 77 |
| 1240 Crown Ridg | Prescott | $215,000 | $205,000 | 95.3% | 1,713 | $120 | 54 |
| 268 Mahogany L | Prescott | $145,000 | $140,000 | 96.6% | 1,156 | $121 | 548 |
| 168 Falcon Cou | Prescott | $175,000 | $155,000 | 88.6% | 1,264 | $123 | 80 |
| 554 Pineview D | Prescott | $135,000 | $135,001 | 100.0% | 1,058 | $128 | 68 |
| 2169 Clubhouse | Prescott | $175,000 | $160,000 | 91.4% | 1,196 | $134 | 106 |
| # of Homes: | 4 | ||||||
| Average | $136,070 | $128,480 | 94.9% | 1,405 | $98 | 181 | |
| Median | $140,000 | $137,501 | 96.6% | 1,176 | $104 | 93 | |
| MLS Data as of: | 9/5/2010 | *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