In our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like divorce, kids leaving for college, or
June 2019 Real Estate Market Review
Dated: 07/03/2019
Views: 168
Prescott Market Review June 2019
Highpoints:
- Inventory Levels Still Lower than Buyer Demand
- Sold Prices Holding Steady with Slight Decreases
- Homes are Selling Faster
- Low Interest Rates May Contribute to Increased Buyer Demand
We have also experienced an increased demand from investors. They are looking to purchase traditional rental and vacation rental homes.
Homes that are "fixer-uppers", which need updating and deferred maintanence items addressed, do not appeal to the largest segment of buyers who prefer move-in ready. The old "sweat equity" method no longer appeals to the majority of current homebuyers. However, there are investors interested in these homes, but they must be priced accordingly.
Contact us for a Detailed Market Value Report on your home. Call Jodi direct at 928.308.2433 or Send a Message.
Don't miss out on our next report. Subscribe now to get it delivered!
JODI KING
Jodi King was born and raised in Prescott AZ. As a hometown local she looks forward to showing off her favorite town to those who are new to the area. Our area offers plenty of outdoor recreation on t....
Latest Blog Posts
Watch our latest video for the most up to date Real Estate information. Did our prices go up? Are homes selling faster? Get the answers in our video!Want to get our updates delivered? Just click on
Will Your Remodel Pay Off? The Best (and Worst) Ways to Spend Your Budget Most new homeowners have something about their property that they want to change. And as family needs and design
Prescott Market Review June 2019Highpoints:Inventory Levels Still Lower than Buyer DemandSold Prices Holding Steady with Slight DecreasesHomes are Selling Faster Low Interest Rates May
All information deemed reliable, but not guaranteed.Listing data provided & copyrighted © by (PAAR) Prescott Area Association of REALTORS®
