Assessor reports home prices continue to rise
Yavapai County Assessor, Pamela J. Pearsall released the latest findings from analysis of data through September of 2014. She indicates that Single Family Residential median home prices for September 2014 have risen 7.2 percent year over year. The median sale price of a single family home in September of 2014 is $238,000 compared to $222,000 from August 2013.
The average square footage of homes sold in September of 2014 is 1,898 compared with 1,719 for September of 2013. The median sales price of homes in Yavapai County for all of calendar year 2014 now stands at $225,000. This figure is up 4.7 percent over the $215,000 median sales price from calendar year 2013. The current 2014 median sales price includes sales from January up to and including any available recorded sales from September.
The highest price paid for a home in September of 2014 was $1,600,000 for a 4,231-square-foot residence while the lowest price paid was $28,000 for a 948-square-foot residence. All sales information is based on recorded Affidavits of Property Values.