Vacant Land Market Statistics - Prescott Area Print E-mail

U P D A T E D -- This study was made in order to communicate the conditions of the vacant land market for in the Prescott Area which includes everything in Yavapai County on the Prescott side of Mingus Mountain. This study concentrates on vacant land of all types and sizes. The chart below shows the number of sales Sold (closed) month by month and the number of homes added to the market month by month. Parcels Added was derived by subtracting expired listings and withdrawn listings from the number of new listings.

Prescott Real Estate Market Statistics

The chart above shows a history of the number of parcels on the market. Note that the market had a low of around 750 parcels in September of 2005, but reached over 4000 for most of the middle of 2007.

Also notice that there does not seem to be a seasonal trend related to the sales or market for vacant land parcels. From the changes in January and February of 2008, it does appear that the land market is improving.

This information is deemed reliable but not guaranteed. These charts were derived from the MLS Records of the Prescott Area Association of Realtors®. This summary covers only those sales that are reported through the Prescott Area Association of Realtors®. Detailed data on which the charts were based is available upon request. Copyright 2007, 2008 by John Mosier. All Information is approximate. Summaries were created by John Mosier, Keller Williams® Check Realty.
 
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