Is Prescott Valley Units, AZ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Prescott Valley Units is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Prescott Valley Units has remained a Seller's Market.

Key Takeaway

Prescott Valley Units is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Prescott Valley Units, AZ

How much do homes in Prescott Valley Units, AZ cost?

Median Sold Price

$342,450

$272/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$95,050(-21.7%)

Key Takeaway

Homes in Prescott Valley Units have sold for 21.7% less than they did a month ago.

Summary: The median home sold price in Prescott Valley Units was $342,450 in April 2024, down 21.7% from last month, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$300K
N/A
3 $423K$354.9K
-16.1%
4 $525K-
N/A
5+ --
N/A

Summary: Prescott Valley Units housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 16.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Prescott Valley Units, AZ

How many homes are available in Prescott Valley Units, AZ?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
20200.0%

Summary: The Prescott Valley Units real estate market had 20 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1111
0.0%
4 66
0.0%
5+ 22
0.0%

Summary: The Prescott Valley Units housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Prescott Valley Units, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Prescott Valley Units in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Prescott Valley Units, AZ

How long does it take to sell a home in Prescott Valley Units, AZ?

Average Sale Time

Mar 2024Apr 2024CHANGE
43 Days82 Days+89.1%

Summary: Homes in Prescott Valley Units had an average of 82 days on market in Apr 2024, up by 89.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Prescott Valley Units are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Prescott Valley Units; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Prescott Valley Units, AZ

Nearby Markets to Prescott Valley Units, AZ