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Market Conditions in Prescott Valley : Real Estate Advice

  • All78
  • Local Info9
  • Home Buying20
  • Home Selling4
  • Market Conditions4

Activity 10
Fri Jul 21, 2017
Scott Godzyk answered:
The only true way to see updated listings and sales is a search in real time from the MS itself. Not all MLS systems send data direct to 3rd party sites like this, in that case the listing agent must update it manually. As you can see, it is not done many times ... more
0 votes 2 answers Share Flag
Sun Apr 19, 2015
Richard E. Kerr answered:
The HOA dues are currently $48.40/yr. In 2015, there will be a credit (for members in good standing) that will reduce the dues to $38.
0 votes 3 answers Share Flag
Thu Mar 5, 2015
Brad Bergamini answered:
Yes, 7464 E Horseshoe Ln
Prescott Valley, AZ 86314
is within 15 min drive to try city prep high school
0 votes 2 answers Share Flag
Sun Dec 7, 2014
Matt White answered:
This is a cool part of Prescott Valley.
Area is on the edge of open land where local Pronghorn antelope gather just beyond the houses.
1 vote 1 answer Share Flag
Thu Jun 26, 2014
mrmrsace answered:
Villages at Lynx Creek HOA fee is $105/month. This INCLUDES Water & Sewer!
0 votes 2 answers Share Flag
Wed May 7, 2014
Matt White answered:
Hello, just thought I'd give a current update on Stoneridge for 2014.

The prices are up by about 10% in the community on average (maybe a little more in some areas.)

Recently, homes have sold for as low as $177,000 to upwards of $380,000 with only one foreclosure in the last 3 months and 18 sales. This trend is a very good sign in Prescott Valley.

I've always said that PV was one of the more solid investments. With foreclosures drying up, we have a solid market to look forward to. Homeowners should no longer be afraid if they wish to sell. You will not be competing with a 50% REO market.

For active Stoneridge listings, go here:
http://prescottarizonahouses.com/stoneridge-golf-community-homes-for-sale-in-prescott-valley-arizona/

If you would like a report on the recently solds, and how the market is affecting your home, just let me know!
... more
9 votes 3 answers Share Flag
Mon Jul 8, 2013
Jerry Cecil answered:
Sorry to say that Trulia and other real estate websites do not post current info. The best way to get current info is to get in contact with a local Realtor. I, for example, can set you up on a system that will send you current listings straight from our MLS that are tailored to what you are looking for. Let me know if you would like me to do this. ... more
0 votes 4 answers Share Flag
Fri Mar 18, 2011
Lyle Wolf answered:
Nationally, according to Realty Trac, short sales sell at an average of 19% below non short sales properties and bank owned homes sell at an average of 41% below. Of course, this discount includes the fact that these properties often need updating and repair. With 1 in 10 homeowners behind in their mortgage and 1 in 4 owing more on their mortgage than their home is worth, there has been and continues to be an increasing number of short sales and foreclosures coming into the market and competing with non foreclosure related homes that are for sale. Since it is pretty much a buyer’s market (in most locations throughout the country) buyers are looking for the “best deals”. The more short sales and foreclosures for sale in a market the more they will pull overall prices down.

As Chip Wagner of A. L. Wagner Appraisal Group, Inc, a third generation appraiser and an appraisal industry icon stated at a recent conference:

“If a specific market area has a low amount of distressed listings and comparable sales, it is likely there is little impact on property values, and we may be seeing appreciation taking place. A ‘low amount’ would be under 10% to 15%. In market areas where there is a high amount of distressed market competition, typically greater than 1/3 of the market, this distressed competition has to be analyzed as this is the new ‘norm’ for that market area. Buyers active in that area are looking at all of the competing properties and making their purchase offers and buying decisions based on all of the information available to them.”
... more
0 votes 4 answers Share Flag
Fri Jan 21, 2011
Ryan Gerstmann answered:
Yes, they are still increasing as of January 2011. http://tinyurl.com/PrescottBankOwned

I can send you a list of homes going to auction before they are foreclosed on. As a buyer, it is nice to know what will soon be on the market as a bank foreclosure, or even the chance to buy it at auction before that point.

Be ahead of the game.
... more
0 votes 4 answers Share Flag
Wed Dec 12, 2007
Brad Bergamini answered:
Nuyawka,
In StoneRidge you have both new home sales and resales. Also some of the New Home sales are packaged with incentives in the 10’s of thousands. This doesn’t give you a clear picture of market place.
If you would like I have a package that I can give you.
Please contact me direct,
Brad@WelcometoPrescott.com
... more
0 votes 1 answer Share Flag
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