Market Intelligence Report — AZ-150

Prescott Valley-Prescott, AZ

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-AZ-05
As of the latest 2026 data
Cooling

Median Listing

$635K
-5.1% YoY

Pending Ratio

0.33
+7.2% YoY

Active Inventory

1,723
-4.3% YoY

Median DOM

63 Days
+10.5% YoY

Primary Intelligence Tool — Sold Score™

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The Prescott Valley-Prescott market is currently characterized by cooling conditions, with a pending ratio of 0.33 indicating that demand absorption is not keeping pace with available supply. Median listing prices have retrenched by 5.1% over the past year, reflecting this shift.

Market Analysis

What's moving the Prescott Valley-Prescott market right now.

Inventory levels have seen a modest contraction year-over-year, with active listings down 4.3% and new listings decreasing by 6.6%. Simultaneously, the median number of days properties spend on market has increased by 10.5% over the past year, reaching 63 days. While the pending ratio has risen by 7.2% year-over-year, its absolute level remains at 0.33, signaling continued softness in demand relative to supply. Median listing prices show a notable decline of 5.1% year-over-year.

Historical Analysis

Market Trends

Median Price

$635K-2.3% MoM

Active Inventory

1,723-4.3% YoY

Days on Market

63+10.5% YoY

Sold Score™

38+7.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

38
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Under current conditions, negotiating leverage favors the party with greater flexibility, as properties are lingering longer on the market. The modest contraction in inventory and new listings does not yet translate to increased pressure on buyers. Price discipline is becoming increasingly important, with a downward trend in median listing prices.

Luxury Segment

The average listing price has declined by 7.3% year-over-year, a greater reduction than the 5.1% drop observed in the median listing price. This disparity, alongside a 2.1% year-over-year decrease in median $/sqft, suggests particular softness within the higher-priced segments of the market.

Supply Dynamics

1,723 active listings represent the current floor, with new supply arriving at roughly 568 per month.

Pricing Pressure
18.6%

of active listings carry a price reduction, -7.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -2.1% year-over-year.

Absorption
0.33

Pending-to-active ratio — Cooling.

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Metro Demographics

Metro Area
Prescott Valley-Prescott, AZ
CBSA Code
39150
State
AZ

ZIPs in Prescott Valley-Prescott, AZ

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Prescott Valley-Prescott?+

    As of the latest 2026 data, the Prescott Valley-Prescott metro is classified as Cooling. Pending ratio is 0.33 with median days on market at 63.

  • Are home prices dropping in Prescott Valley-Prescott?+

    Median listing price is $635K, -5.1% year over year. 18.6% of active listings carry a price reduction.

  • How fast are homes selling in Prescott Valley-Prescott?+

    The typical listing sits 63 days on market, a +10.5% change YoY. New listings are arriving at 568 per month.

  • What's happening in the Prescott Valley-Prescott luxury market?+

    The average listing price has declined by 7.3% year-over-year, a greater reduction than the 5.1% drop observed in the median listing price. This disparity, alongside a 2.1% year-over-year decrease in median $/sqft, suggests particular softness within the higher-priced segments of the market.

  • Where can I find a trusted Prescott Valley-Prescott real estate expert?+

    Primpted maintains a vetted registry of Prescott Valley-Prescott agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 39150 · 36mo history