Prescott Real Estate Market Update – July 2025
The Prescott Area Association of REALTORS® has released the latest Prescott real estate market statistics for July 2025. Here’s a look at the numbers for Prescott and surrounding areas:
- Closed Sales: Increased 17.9% year-over-year, rising from 301 in July 2024 to 355 in July 2025.
- Median Sales Price: Slight increase of 0.1%, from $478,750 last year to $479,000 this year.
- Median Days on Market (DOM): Homes spent a median of 44 days on the market, up 10% from 40 days in July 2024.
- Months’ Supply of Inventory (MOI): Inventory increased to 5.7 months, a 21.3% rise from 4.7 months last year.
- New Listings: Up 18.6%, with 510 new listings this July compared to 430 in July 2024.
- Pending Sales: Rose 37.5%, from 312 last year to 429 in July 2025.
- Median Price Per Square Foot: Slight increase of 0.7%, moving from $287 to $289 per square foot.
These numbers provide a clear picture of Prescott’s housing market in July 2025, including home prices, sales activity, and available inventory.
If you’d like more details on the Prescott housing market or are interested in buying or selling a home in the area, feel free to reach out. I’d be happy to help with all things Prescott real estate. Woods Hometown Realty 928-237-4455 prescottazhomefinder.com