Prescott Market Update Nov. 2024

Click below to view listings from this week (10/28 to 11/04) in Prescott:

 32 New & Coming Soon Listings

17 Listings Changes to Pending

31 Closed Escrow "SOLD"

Month of September Versus October:

Inventory is DOWN 8.8%

Median Days on Market is UP from 49 to 53

Prescott Market Condition:

The Prescott home real estate market is balanced and holding steady with a slight Sellers advantage. A balanced market has decent inventory and a healthy number of buyers. Although prices have not increased in several weeks the sufficiently low-level of inventory still slightly favors the Seller. If interest rates creep back down, we are likely to experience more demand and resume an upward climb in pricing.

If you have any questions or are interested in finding out what your home is worth in today’s market, please reach out to us at 928-458-1403.

 Ron Brookshire, BROKER, REALTOR©, SFR, CREN, CBDA, CELA
Recognized, Respected, Recommended

Brookshire & Associates. LLC
Direct: (928) 458-1403
www.BrookshireAssociates.com
Ron@BrookshireAssociates.com
AZ DRE BR706071000

 THE BEST WAY TO BUILD WEALTH IS THROUGH REAL ESTATE!

If you love my level of service…

PLEASE REFER ME!  If you or someone you know really needs the highest level of real estate experience, I would be happy to help. My entire business has been built on referrals and I treat them all as treasured gifts, so the referrer can always have the confidence in knowing they helped their client, friend, or family in their success.

Previous
Previous

PRESCOTT Market Update Dec. 2024

Next
Next

Local Market Update - April 2024