Prescott continues to be a great place to build a custom home, and one reason is that the community has taken growth, safety, infrastructure, and building quality seriously. The second quarter of 2026 illustrates something important about the construction market: slower demand doesn’t automatically mean lower building costs. We’re seeing a relatively steady custom-home market Read more…

A More Measured Market Can Be a Better Planning Market The first quarter of 2026 brought a more measured pace to Prescott’s custom home market. We are seeing a little bit of a slowdown, and we are hearing the same thing from trades and suppliers. That is not necessarily bad news for serious homeowners. After Read more…

Quarter three 2025 would best be described as “pretty flat” for custom homes in Prescott. Activity slowed, which matches the time of year, and uncertainty kept some buyers on the sidelines. Interest rates have come down from their highs, and affordability is slowly improving, yet many clients continued watching the market instead of starting a Read more…

Prescott’s custom home market is holding strong, though signs of moderation are emerging. While high interest rates have cooled some speculative construction, demand for well-built, energy-efficient custom homes remains steady. Clients relocating from California and the Northeast continue to drive local activity, seeking high-performance builds with long-term savings in mind. The good news: pricing is Read more…

As we conclude 2024, Prescott’s custom home building market has demonstrated resilience amid economic fluctuations. Despite challenges such as rising construction costs and higher mortgage rates, demand for custom homes remains robust, driven by Prescott’s appeal to retirees, families, and those seeking a high quality of life. 2024: Navigating Economic Challenges Throughout 2024, the custom Read more…

The custom home building market in Prescott, Arizona, continues to thrive, driven by the area’s appeal to families, retirees, and those looking for a mild four-season climate. Known as “Everybody’s Hometown,” Prescott attracts a diverse range of homebuyers interested in custom homes that emphasize energy efficiency and high-performance features. With several established builders operating in Read more…

Inflation Slows But Costs Keep Rising As we progress into Q2 2024, it’s essential to reflect on the custom home building market’s current state. While inflation has eased from the pandemic’s peak, construction costs continue to rise. Recent government data reveals a 2.3% increase in residential construction input prices from April 2023 to April 2024. Read more…

The Prescott custom home market continued to be strong in the second quarter of 2023, with demand outpacing supply. The average sales price for a custom home in Prescott was $600,000, up from $550,000 in the same quarter last year. The average build time for a custom home in Prescott is 12-18 months. Residential Construction Read more…

The residential housing market has experienced drastic changes over the course of 2022. With sky-high prices at the beginning of the year to decrease and a general stabilization towards the end of the year, custom home builders have seen it all.  Luckily, the last quarter of 2022 and outlooks for 2023 paint a more positive Read more…

Residential Construction Materials Prices Construction materials prices continued to increase during July, August, and September of 2022. However, the increase has been much slower than in previous quarters of this year. According to the MCP Group, construction cost growth is “expected to be 1% – 2% per month for the remainder of 2022,” while “relief Read more…

The housing market has seen huge cost increases over the past several months. During the second quarter of 2022, things have started to slow down a bit, and even taper off in certain markets. New home builds took a dive in May and June, with fewer people breaking ground on new builds than in the Read more…

Lumber pricing has been shifting a lot lately. After a year of high prices and increasing costs, the lumber market is finally cooling off. This is good news for you if you’ve been waiting to build a custom home. Lumber is the backbone of any home build, so lower lumber costs means a more affordable Read more…