The Prescott AZ area condo market held steady with 14 solds in May. 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 – May 2010 | |||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT | CDOM |
| 997 Fairway Dr | Dewey -Humboldt | $99,900 | $99,000 | 99.1% | 1,908 | $52 | 44 |
| 12654 Tierra Asp | Dewey -Humboldt | $98,900 | $95,000 | 96.1% | 1,629 | $58 | 218 |
| 333 Leroux | Prescott | $85,000 | $80,000 | 94.1% | 1,193 | $67 | 42 |
| 3165 Dome Rock | Prescott | $69,900 | $69,900 | 100.0% | 1,024 | $68 | 262 |
| 1268 Barzona Av | Dewey -Humboldt | $89,900 | $84,000 | 93.4% | 1,199 | $70 | 133 |
| 735 Violinista | Dewey -Humboldt | $124,800 | $124,800 | 100.0% | 1,629 | $77 | 127 |
| 432 River Oaks | Prescott | $159,900 | $153,000 | 95.7% | 1,622 | $94 | 133 |
| 1409 Haisley Co | Prescott | $175,000 | $172,000 | 98.3% | 1,536 | $112 | 429 |
| 1228 Crown Ridg | Prescott | $199,900 | $201,600 | 100.9% | 1,713 | $118 | 35 |
| 4976 Summit Cir | Prescott | $119,900 | $119,900 | 100.0% | 1,000 | $120 | 40 |
| 310 Rim Rock C | Prescott | $130,000 | $128,000 | 98.5% | 1,014 | $126 | 39 |
| 7024 Lantern Ln | Prescott Valley | $169,000 | $155,500 | 92.0% | 1,209 | $129 | 77 |
| 266 Mahogany L | Prescott | $225,000 | $205,000 | 91.1% | 1,502 | $136 | 276 |
| 1685 Quail Run | Prescott | $239,900 | $220,000 | 91.7% | 1,578 | $139 | 66 |
| # of Homes: | 14 | ||||||
| Average | $141,929 | $136,264 | 96.5% | 1,411 | $98 | 137 | |
| Median | $127,400 | $126,400 | 97.2% | 1,519 | $103 | 102 | |
| MLS Data as of: | 6/2/2010 | *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