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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Prescott, Arizona

Reported by Joe Karcie, ABR, CDPE, GRI

Updated April 28, 2012.

Current Market Rating: 3




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2
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5
Buyer's

Seller's

Current Price Trend: 3




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2
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5
Falling

Rising

Inventory levels have now gotten under control (actually low) which will help to level our market place and hopefully bring back some appreciation. We need to continue to watch the distress sales and the rate at which the banks are releasing their inventory to really know if we have bottomed or if more pain has yet to come. Properties under $300,000 are moving more aggressively, the higher end market still has a lot of competition.


ZIP Codes: 86301, 86303, 86305

Approximate Location Boundaries: Prescott

Location Characteristics: Prescott, Arizona…"Everybody's Hometown" is so appealing not only because it is one of the most beautiful places in the United States, but because of its small town atmosphere. Because Prescott consists of safe, friendly communities displaying "Home Town Values", even in a declining market houses are still being bought and sold every day. Arizona has doubled in population every 20 years and anticipates that growth trend to continue for the foreseeable future: 6 million 2008 ~ 12 million 2028! Prescott, with four seasons and mild climates will be sure to attract many people looking to relocate to Arizona.

For More Information:

View Market Conditions of other areas served by Joe Karcie

Navigate: Top > Arizona > Prescott

About Joe Karcie:
I have the unique distinction of being Prescott’s only known 3rd generation Realtor® as my grandfather, Jim Thomas, was a founding member of the Prescott Area Association of Realtors and was the Broker /Owner of the original “Brokerage House” on Whiskey Row”. And my mother, Laurie Grafman, was a founding member of The Grafman Family Team in 1994, which has evolved into the Joe Karcie Team.
Many agents think their most important job is to satisfy the customer. I don't think that’s true. I believe that satisfying the customer is simply the minimum requirement for staying in business.
Myself and my staff work constantly to improve our systems and services to well beyond the standard level of service provided by most agents, including our extensive Internet Presence, and the most sophisticated and reliable information systems to communicate with and provide useful information to buyers anywhere on a 24/7 basis.
Whether you are buying or selling, my team will always go the extra mile to help you achieve your goals. "Whatever It Takes"



These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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