Over the last 30 days, the Prescott market was steady and saw two homes sold. However, the number of pending transactions continued to decline, with a total of one transaction during the same period. While contracts numbers were weak, the median sales price of those homes came in at $159,953, which extended a downward swing in price to four weeks. With a downward trend in contracts numbers and prices, and 20 months of inventory still left to work through, Prescott is a definite buyer's market.
If you have a tight budget for your next home, begin the search with these low-cost listings in Prescott:
Get started right now by checking out Prescott homes for sale or reviewing Prescott real estate trends.