PRESCOTT Market Update Dec. 2024
Click below to view listings from this week (11/29 to 12/04) in Prescott:
13 Listings Changed to Pending
Month of October Versus November:
Inventory is DOWN 13.7%
Median Days on Market is DOWN from 61 to 47
Data provided by InfoSparks
Prescott Market Condition:
The Prescott home real estate market is balanced and holding steady with the Sellers advantage increasing slightly. A balanced market has decent inventory and a healthy number of buyers. Although prices have slightly decrease over this month the sufficiently low-level inventory still slightly favors the Seller, and we can see that in the decrease of Days on Market as well. This is somewhat typical for this time of year, as we move into the holidays and closer to winter. If interest rates creep back down, we are likely to resume an upward climb in pricing and see more activity.
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!
