Prescott Market Report
$951,707
AVERAGE PRICE OF 659 HOMES$2,012,970
AVERAGE PRICE OF 168 MULTI-MILLION DOLLAR HOMES$1,060,676
AVERAGE PRICE OF 121 NEWLY BUILT HOMES$2,648,225
AVERAGE PRICE OF 12 HOMES WITH A POOL$696,141
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
| Average Price | $951,707 |
| Avg Bedrooms | 2.81 beds |
| Avg Bathrooms | 2.33 baths |
Average Price by Bedrooms
| 1 bedroom | $353,633 |
| 2 bedrooms | $494,160 |
| 3 bedrooms | $2,608,164 |
| 4 bedrooms | $2,121,832 |
| 5 bedrooms | $1,711,955 |
Prescott Home Price Trends
| 2/2023 | 1/2023 | 12/2022 | 11/2022 | 10/2022 | |
|---|---|---|---|---|---|
| Total Listings | 590 | 546 | 616 | 692 | 739 |
| Average Price | $897,623 | $917,661 | $872,962 | $858,386 | $841,303 |
| Avg Price Change | -2.23% | +5.12% | +1.70% | +2.03% | -1.16% |
| Median Price | $739,997 | $757,321 | $745,429 | $742,298 | $740,026 |
| Med Price Change | -2.34% | +1.60% | +0.42% | +0.31% | -2.92% |
| Avg Bedrooms | 3.43 beds | 3.34 beds | 3.41 beds | 3.26 beds | 3.08 beds |
| Avg Bathrooms | 2.9 baths | 2.81 baths | 2.85 baths | 2.93 baths | 2.89 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Heritage School | 2 | $4,875,000 | 1 day |
| Lincoln Elementary School | 2 | $385,000 | 124 days |
| Other | 22 | $1,042,405 | 239 days |
| Out Of Maricopa Cnty | 89 | $1,221,794 | 83 days |
| Taylor Junior High School | 1 | $2,950,000 | 5 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 659 | $951,707 | 85 days |
| Multi-Million Dollar Homes | 168 | $2,012,970 | 103 days |
| Newly Built Homes | 121 | $1,060,676 | 310 days |
| Homes with a Pool | 12 | $2,648,225 | 130 days |
| Reduced Price Homes | 25 | $696,141 | 58 days |
