A new report finds the average Prescott home sold for 51 percent more than the seller paid a decade ago. In Phoenix, the average homeowner sold for nearly 30 percent more than they paid nine years earlier.
According to RealtyTrac, the average price gain last month was $76,980 in Prescott and $48,500 in Phoenix. In Tucson it was $20,000, while the national average was $30,500. This mapshows price gains and losses across the country:
While prices across the country have increased for years, RealtyTrac reports the median price remains 8 percent below its peak of $228,000 in July 2015. However, these seven markets hit new price peaks:
Boulder, Colorado
Denver, Colorado
Portland, Oregon
Fort Collins, Colorado
Austin, Texas
Greeley, Ohio
Cincinnati, Ohio
