Market Report for Prescott, Arizona - October 2025
Featured Property: 128 Summit Pointe Drive, Prescott, AZ 86303
The Prescott fall market did what fall markets do—paced down a notch—but October’s data shows a stable price environment with more choices for buyers and a “price-it-right” mandate for sellers. The regional median sold price came in around $472,500 (-2.1% YoY), while days on market stretched and inventory stayed wider than last year, shifting parts of the market toward a more balanced-to-buyer-leaning feel.
Here are the Highlights from October 2025
Prices = gentle exhale, not a slide
Median sold price landed near $472,500, down ~2.1% YoY. That’s a manageable reset consistent with a seasonal cool-down, not distress—especially with national reports showing broadly stable-to-firm pricing this fall. Prescott Area Association of REALTORS®+2HouseCanary+2
Inventory remains wider YoY (but growth is slowing)
Local tiles and press recaps point to more active listings than last fall, echoing national data that shows inventory up year-over-year, though the pace of growth is decelerating. Translation: shoppers have options, but the “flood” isn’t getting bigger each month. Prescott Area Association of REALTORS®+1
Micro-markets are behaving differently
Prescott vs. Prescott Valley vs. Chino Valley vs. Dewey-Humboldt show distinct mixes of price bands and pace. In October, for example, Prescott posted ~145 sales with ~639 active listings, underscoring why hyper-local comps beat county-level averages. Signals AZ
Sellers are using concessions, not just price cuts
With longer days on market, we’re seeing rate buydowns/closing credits do more of the work instead of big list-price drops—aligns with broader fall behavior across many markets. HouseCanary
Time on market lengthened—leverage moved a bit
Median days on market around the low-50s signals buyers have more breathing room to compare, negotiate credits, or ask for buydowns—especially on homes past the first three weeks. Signals AZ
City-by-City Trends - (Prescott, Prescott Valley, Chino Valley, Dewey-Humboldt)
Prescott
Story: Balanced. Fresh listings are meeting steady demand, but buyers are value-focused.
Action: If you’re selling, pair sharp pricing with turnkey presentation (fresh paint, lighting, landscaping). For buyers, target homes with 21–45 days on market for negotiation leverage.
Prescott Valley
Story: Entry and move-up segments have stayed active; shoppers are comparing aggressively across comps.
Action: Sellers win with appraisal-ready packets (recent comps + updates list). Buyers: structure offers with specific concession asks tied to appraisal/inspection outcomes.
Chino Valley
Story: Affordability remains the draw; selection is better than last fall, but pricing matters.
Action: Pricing inside the comp band beats “test the market” every time.
Dewey-Humboldt
Story: Smaller sample sizes but similar rhythm: patient buyers and selective offers.
Action: Present a turnkey home and consider a modest rate buydown to widen your buyer pool without cutting list price.
How to Win in the Current Market
Buyers
More choice, more time: Use the wider inventory to compare homes and terms—especially on properties sitting 3+ weeks.
Tactical financing: Ask for a 2-1 buydown or closing-cost credit; the net to the seller can mirror a price cut, but your monthly payment improves more.
Data-backed offers: Anchor your ask to comps and the listing’s days on market pattern.
Sellers
Win the first 14 days: Come to market “turnkey”—clean, staged, bright—and price with the comps, not feelings.
Concessions are a tool: A small rate buydown can attract a bigger buyer pool than a blunt price chop.
Pre-inspection = confidence: Clearing common repair items up front shortens days on market and reduces renegotiations.
Thinking of Moving to or from Prescott?
Whether you’re drawn to the four mild seasons, historic charm, or active lifestyle opportunities, there’s no better time to start planning your move. Reach out today to explore the best neighborhoods, housing options, and resources Prescott has to offer—and let’s find the perfect place for your next chapter. Connect with The Middleton Team today.
Mike & Darby - Prescott Area Locals & Real Estate Agents at the Middleton Team