Market Report for Prescott, Arizona - September 2025
The latest numbers are in! Here’s what’s driving the Prescott and Quad Cities real estate market this month — including key insights for Prescott, Prescott Valley, Chino Valley, and Dewey/Humboldt.
Let’s take a look at what happened in the September 2025 housing market across the Prescott area. In this report, we highlight the latest on sales, pricing, inventory, and market momentum—so you know where things stand this fall.
Here are the Highlights from September 2025
Closed Sales: Up 29.8% year-over-year, from 282 to 366.
Median Sales Price: Sits at $475,000 ( a -4.4% decrease).
Pending Sales: Surged 27.7% year-over-year, from 303 to 387.
New Listings: Increased 12.9% year-over-year, from 420 to 474.
Inventory: Rose to 5.4 months of supply, a 10.2% increase.
Days on Market: Decreased to 52 days, down from 54 last year.
Price Per Square Foot: Up slightly, from $286 to $288.
Showings Per Listing: Dipped 12.5%, from 3.2 to 2.8.
Housing Prices Dropping—Modest but Noticeable
One of the more eye-catching stats is the median price slipping to $475,000, which represents a 4.4% decline compared to September 2024 (where it was $497,000). Prescott Area Association of REALTORS®
This suggests a moderate cooling in buyer willingness or seller expectations. The region is no longer in freefall, but the trend indicates more cautious pricing and perhaps more negotiation room.
Implication: Sellers should be realistic with list prices; over-reaching on pricing may backfire. Buyers may find more flexibility, especially in less premium segments.
Strong Sales Volume & Robust Buyer Activity
Despite the price decline, the sales volume remains healthy, with 366 homes sold.
Compared to the prior month (August 2025 had 343 sales) that’s an uptick. That tells us demand is still active, even if some pricing adjustments are occurring.
Implication: The market isn’t stagnating — buyers are still making moves. If you have a well-priced, well-presented home, you can still attract serious offers.
The Bottom Line for Buyers & Sellers
For Buyers:
The drop in median price gives more negotiating room (especially mid-tier and upper-mid homes).
Stay alert to listings that linger or are over-priced — these may become good deals later.
Act decisively when you find a home you like, but don’t rush — you may find more favorable terms.
For Sellers:
Price carefully. The previous “just price higher and see who bites” strategy may not work as cleanly this season.
Invest in presentation (staging, minor upgrades, curb appeal) to help your property stand out.
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