The Prescott, Arizona Real Estate Market

90 minutes from the Phoenix Metropolitan area, the Prescott Valley is a slower pace world, free from the big city illuminations in the night sky, pollution and noises. Surrounding you in the Prescott Valley is the serene scenery, friendly neighbors and crystal clear skies. People enjoy coming to the area because of the beautiful four seasons the area benefits from, the magnificent mountain ranges, and the famous Arizona sun. With a population of about 27,000 people, the Prescott Valley is a small city with a big heart.

The Prescott Valley

Homebuyers continue to put their roots down in Prescott Valley, Arizona. Real estate experts reveal that this is still the perfect place to create your dream home. Although the real estate industry as a whole has seen some slowing in the past months, the Prescott Valley, Arizona real estate industry is still pretty active and home prices have not declined dramatically. For the past 10 years, the Prescott Valley, Arizona real estate market has seen a positive growth and home values have continually appreciated, with the average home priced around $350,000.

New Additions To The Prescott Valley

With over 10,000 new home constructions in the area approved for the next five years, there have been plans for expansion in the Prescott Valley. The city is currently constructing a new hospital and multiple purpose arena with a convention center for sports, including the new Central Hockey Team, conferences and exhibitions. With the growth in population, the area has been able to expand their business and service sectors, creating more opportunities for residents to enjoy the area. The new North Central University with also open in 2006, with accredited undergraduate and doctorate programs. The new university with allow residents to continue their education without having to travel to another city.

Things To Do In The Prescott Valley

There are many attractions and things to do in the Prescott Valley, Arizona real estate market. The rich history of the area and the great surroundings has created a variety of unique shops, restaurants, galleries and cultural attractions for everyone to enjoy. The Old West comes alive in the Town's Plaza square and Whiskey Row, where arts and crafts fairs and festivals are enjoyed by locals as well as tourists.

Granite Mountain and the red rock formations are perfect for the adventurous type. With hiking, biking and horseback riding, plus many other recreational activities available in the area on the many trails and roads, allows you enjoy nature to its fullest.

One of the most popular cultural events in the area, that locals and tourists alike have been venturing to for the 4th of July since 1888, is the 'Cowboy Tournament,' the oldest rodeo in the country. Events during the rodeo include Saddle Bronco Riding, Bull Riding and Wild Horse Racing. Since 1979 Prescott Frontier Days Inc. has helped support various charities with the proceeds.

With Prescott Valley in close proximity to other cities, day trips to discover the rest of Arizona are easier than ever. The Prescott Valley is just 90 minutes from Phoenix and Sedona, and only about 120 minutes from the Grand Canyon, one of the seven natural wonders of the world.

Creating Your Dream Home

Buyers are still venturing up into the mountains for their dream home. The Prescott Valley, Arizona real estate market is still a great place to invest in your future. Even with the real estate market slowing down, the Prescott Valley area is noticeably stable. The Prescott Valley is a lively area full of entertainment and relaxation among the trees and mountains. With the abundance of amenities in the area, a dream home in the Prescott Valley, Arizona real estate market is very viable. People have realized that they can buy a nicer home with more square footage and more land. Venture up into Arizona's high country today to realize what all the talk is about.