U P D A T E D -- This study was made in order to communicate the conditions of the market for in the Prescott Area. This area includes everything in Yavapai County on the Prescott side of Mingus Mountain. This study includes vacant land parcels of all types and sizes within the market area. The chart below shows the number of sales Sold (closed) month by month and the number of parcels Added to the market month by month. Net parcels Added was derived by subtracting expired listings and withdrawn listings from the number of new listings.

Prescott Real Estate Market Statistics

From the chart above it can be seen that the number of parcels coming on the market each month, identified as Added, were much in excess of the number of parcels sold especially from January to June of 2006. Also, In July of 2005, approximately 275 parcels were sold while in the first half of 2007, only around 60 weres sold each month.

The negative number of parcels Added was primarily due to the high number of listings that were set to expire on December 31, 2006. Notice that every month since September of 2005 to November of 2006 many more parcels were Added than were sold each month.
See the month-by-month Parcels on the Market.

See the month-by-month Summary for Homes.

This information is deemed reliable but not guaranteed. These charts were derived from the MLS Records of the Prescott Area Association of Realtors®. This summary covers only those sales that are reported through the Prescott Area Association of Realtors®. Detailed data on which the charts were based is available upon request. Copyright 2007 by John Mosier. Permission to copy or fax freely is given provided NOTHING is changed. All Information is approximate. Summaries were created by John Mosier, Keller Williams® Check Realty.

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