Just a few stats for readers who are following the Prescott AZ real estate market. Year to date, as of May 31, compared to the same period in 2008, sales volume is down about 32%, while average sales prices are down about 23%. The average days on market  for listings in Prescott Arizona and surrounding towns is roughly the same as last year, running about 5-6 months.  That doesn't sound too bad, but many homes have been on the market for more than a year, and the rock-bottom priced foreclosures often sell in less than 30 days, so there is a huge spread involved.  In the short term, sales activity is up slightly from the previous quarter, so things are looking up for sellers and realtors, while buyers are still in charge!  The impending flood of new foreclosures coming will give buyers even more inventory to choose from, but the best homes at the best prices will be snapped up quickly, so anyone who is looking for that dream home at a dream price should get off the fence and take action before this boat sails away! Please go to http://www.PrescottRealtor4U.com to see available listings or to research Prescott AZ real estate. If you would like to contact a Prescott AZ realtor, just click "contact" me on that site.