Prescott Arizona Ranks High Among Great Places to Live
Is Prescott real estate overpriced? I guess it depends on where you come from and what you are looking for in a city. See the list below of magazines and companies that think Prescott is a great place to live and worth it.
1. One of the Top 5 Places to Retire - Money Magazine
2. 3rd in the country (all metro areas) for job growth and economic vitality - INC. Magazine
3. 3rd Best Metro in the Country for Job Creation – Milken Institute
4. An Emerging Art Town - American Southwest Magazine
5. One of 100 Best Communities for Young People - American Promise
6. Top “Green” Arizona City - Sperling’s Best Places
7. One of Top 10 Most Popular Retirement Towns - www.topretirements.com
8. One of a dozen “Distinctive Destinations” - National Trust for Historic Preservation
9. Top 10 True Western Towns - True West Magazine
10. Top 20 Medium County Hospitals - Solucient
11. 1 of 7 Greatest Places to Live - Bottom Line
12. Among Top 100 Cities to Live and Launch a Business – Fortune SmallBusiness
13. 3rd Skinniest City by AARP (lowest average body mass index)
14. In Top 10 “Dream Cities” - Sunset Magazine
15. #47 among Best Small Places for Business and Careers - Forbes.com
16. #5 among Fastest-Growing Small Metro Areas - Forbes.com
17. One of 50 Best Places to Live: The Next Great Adventure Towns - National Geographic Adventure Magazine (2008)
18. Top Ten Public Spaces: #3 Courthouse Plaza - American Planning Association
19. A Top Adventure Town - National Geographic Adventure Magazine (2009)
20. One of 7 Top Trail Towns - Trail Runner Magazine (2009)
21. 4th Best City for Retirement - Money Magazine (2010)
22. 76th of Best 100 Small Places for Business and Careers - Forbes (2010)
23. 2nd Best Place to Retire in U. S. - Smart Money/Wall St. Journal (2010)
If you are looking to buy Prescott or Prescott Valley Real Estate in the future, now may be the time as foreclosed and bank-owned homes are selling at 25% off retail.
Prescott area single family homeowner sales last 15 days
Prescott Area Market Report
Sales activity of homeowner sales in the last 15 days was fairly modest with only 29 homes selling at an average of 173 days on market. On average sellers were receiving $123 per square foot and about 92% of their asking prices.
Compare this to 11 homes selling in the distressed homes market (REOs/Foreclosed/Short Sales) which sold in the same period at an average of only 112 days on market. Banks were getting an average of $104 per square foot and about 93% of their asking prices.
See related post on my Prescott Area Foreclosures blog: Prescott area foreclosed/REO listings sold in last 15 days.
| Single Family Homeowner Solds Last 15 Days* | ||||||
| Address | City | List Price | Sale Price | SP/LP | SQFT | $/SQFT |
| 15319 Indian Bend | Cordes Lake | $44,900 | $42,500 | 94.7% | 1,400 | $30 |
| 20061 Lakeside | Cordes Lake | $59,500 | $56,200 | 94.5% | 1,453 | $39 |
| 7921 Thelma Drive | Prescott Valley | $89,900 | $82,500 | 91.8% | 1,200 | $69 |
| 22655 Crest Way | Yarnell | $95,000 | $75,000 | 78.9% | 1,052 | $71 |
| 9910 Tatum | Prescott Valley | $199,500 | $155,000 | 77.7% | 2,104 | $74 |
| 9060 Papago | Prescott Valley | $211,900 | $211,000 | 99.6% | 2,560 | $82 |
| 248 Plaza | Prescott | $199,900 | $198,000 | 99.0% | 2,213 | $89 |
| 10 Bear Drive | Prescott | $129,900 | $127,000 | 97.8% | 1,283 | $99 |
| 5331 Desert Ln | Prescott Valley | $140,900 | $140,900 | 100.0% | 1,384 | $102 |
| 4750 Norman Road | Prescott Valley | $144,900 | $139,900 | 96.5% | 1,336 | $105 |
| 3145 Las Brisas | Chino Valley | $115,000 | $115,000 | 100.0% | 1,056 | $109 |
| 3376 Valley View | Prescott Valley | $224,900 | $200,000 | 88.9% | 1,800 | $111 |
| 7390 Mingus Trail | Prescott Valley | $219,900 | $195,000 | 88.7% | 1,712 | $114 |
| 1864 Bittersweet | Prescott Valley | $206,000 | $200,000 | 97.1% | 1,552 | $129 |
| 7014 Horizon Way | Prescott Valley | $269,000 | $250,000 | 92.9% | 1,932 | $129 |
| 12870 Chancella Ci | Prescott | $399,900 | $375,000 | 93.8% | 2,890 | $130 |
| 4421 Spur Lane | Prescott | $229,000 | $195,000 | 85.2% | 1,380 | $141 |
| 1836 Mulberry | Prescott Valley | $259,000 | $245,000 | 94.6% | 1,709 | $143 |
| 475 Lauren Lane | Chino Valley | $279,900 | $276,000 | 98.6% | 1,915 | $144 |
| 1202 Leslie Stree | Prescott | $239,900 | $220,000 | 91.7% | 1,495 | $147 |
| 4601 Kirkwood | Prescott Valley | $212,000 | $198,000 | 93.4% | 1,338 | $148 |
| 297 Thoroughbred | Prescott | $311,900 | $290,000 | 93.0% | 1,901 | $153 |
| 1941 Boardwalk Av | Prescott | $259,900 | $259,900 | 100.0% | 1,615 | $161 |
| 1609 Addington Dr | Prescott | $273,500 | $260,000 | 95.1% | 1,583 | $164 |
| 12153 Stagecoach R | Mayer | $799,000 | $558,300 | 69.9% | 3,354 | $166 |
| 5551 Lemonmint La | Prescott | $385,000 | $343,000 | 89.1% | 2,057 | $167 |
| 225 Washington | Prescott | $199,500 | $170,500 | 85.5% | 960 | $178 |
| 2990 La Questa | Prescott | $490,000 | $462,000 | 94.3% | 2,472 | $187 |
| 221 Alarcon St | Prescott | $300,000 | $260,000 | 86.7% | 1,319 | $197 |
| 174 Days on Market | Average | $241,021 | $217,266 | 92.0% | 1,725 | $123 |
| 172 Days on Market | Median | $219,900 | $200,000 | 93.8% | 1,583 | $129 |
| MLS Data as of: | 2/16/2009 | *Source: Prescott Arizona Area Multiple Listing Service | ||||
For more information on any of these listings including the days on market for an individual property, please contact me.
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Recent Posts
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Twitter Updates
- Top 10 tips to win the REO multiple offer game > Prescott Arizona Area Real Estate http://t.co/Kb8QMxq 9 months ago
- How to Recognize a Buyers Market in Prescott Area Real Estate Market > http://t.co/HkGsvG7 1 year ago
- Prescott AZ Real Estate Domain and Twitter Name For Sale > http://t.co/ogabgvm 1 year ago
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