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Prescott Market Prices are only predicted to go UP

(Published on - 7/26/2021 5:32:51 PM)

Prescott Area Market Prices are only predicted to go UP!

Everyone will agree the market is moving in an unknown direction. For the last year or so we’ve experienced a very different market than what we’re used to. Some predictions were saying because of the Covid challenge in 2020 the market will slow down; people wouldn’t want to move in such environment but the statistics and data from the last few months prove us all wrong. Let’s see some data from the last year.

Data imported from Rockethomes.com shows the average price of home sold in Prescott, AZ since June, 2020 increased by 13.7%. Many different factors contributed to this high rise.

  • Mortgage rates are all time low of < 3%.
  • Very sparse inventory. Currently in Prescott there are only 260 active listings according to the MLS 07/22/2021.
  • Rental prices are on the rise. This is bringing a wave of demand from renters looking to buy their first homes.

 

2021 Housing Market Forecast and Predictions predicts market prices in Arizona go up by 7%.

Six months in 2021 we doubled this percentage in Prescott.

Buyers’ hopes for market dropping prices doesn’t look very promising. According to investment statistics looks like prices are only predicted to go up. Based on Prescott real estate market research and report the predicted sales prices will increase by 21.470% in the next 10 years.

 

 

 

 

Not only Prescott is a great place to raise a family or retire but a great place to invest as well!!! Prescott's real estate prices and its market environment have been in a bullish cycle in the last 36 months.

 

Investment analyst Ai predicts a positive trend in the near future and buying a house in Prescott appears to be a profitable investment. All the above imply a positive outlook for the Prescott city property market making it a must have in your property investment portfolio. 

 Resources: https://walletinvestor.com/; https://www.realtor.com/; https://www.rockethomes.com/


Just listed beautiful home with a pool in Chino Valley

(Published on - 6/25/2021 9:37:07 PM)

   

 Incredible home with an upgraded salt water, heated pool that features a waterfall! This must see home has upgraded cabinets with granite in the kitchen & marble countertops in the bathrooms. Spacious eat in kitchen with island and walk-in pantry. Formal dining room or office. Inviting great room with gas fireplace. Master bathroom offers walk-in shower and jetted tub. Walk in closets in every room. Garage floor has epoxy finish. Well designed and cared for landscaping around the home. Green house in back yard conveys. Security system is owned and will convey, service is through ADT and is optional. Solar Home.

For more informarion and a virtual tour follow the link below.

 https://www.tourfactory.com/idxr2885624/r_agents website

 

View the Tour

 

 

 

 

 


Mile High Brewfest Fest in Prescott!!!

(Published on - 6/23/2021 6:06:47 PM)

Come and join us August 21st, 2021 Annual Brewfest in Prescott.

Enjoy the taste of some of the best beers while listening to music in the beautiful outdoors of Prescott.  Food from local restaurants and food trucks.

It's time to get out and enjoy what Prescott has to offer!!!

 

For more information and tickets follow the link below!

 

https://milehighbrewfest.net/


Kayaking on Watson Lake

(Published on - 6/9/2021 1:43:13 AM)

Summer is here!!!

It's time to get out and enjoy the beautiful weather. Our home town of Prescott offers lots of trails to hike, lakes to kayak and fish, campgrounds to camp and much more under the sun.

We love to be outdoors and enjoy the nature at its best! A favorite of ours in the city limits is Watson Lake! For only $3 you can use all the amenities the lake and the surrounding area has to offer. Breath taking views while hiking the Dells, an amazing disc golf course, camp ground (additional fee applies) and a beautiful lake to kayak. We love taking our dogs kayaking in Watson Lake. This past Sunday we took two kayaks out and our two pups one in each kayak. Watson Lake is dog friendly and all fur family members are welcomed! 

 

Information about kayak rentals,camp ground rates and area map in the link below:

https://www.prescott-az.gov/recreation-area/watson-lake-park/

 

Enjoy and stay active! 

Best regards, 

The Holbrooks

 


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