Real Estate in Lake Havasu City
Bobby & Julie Lewis
928 486 4147928 486 4147

Lake Havasu Real Estate Update

Lake Havasu Foreclosure Information & Real Estate Update as of 11/20/2012.
Written by: Bobby Lewis of Coldwell Banker Residential Brokerage in Lake Havasu City.
The improving housing market in Lake Havasu City, AZ continues and home values in Lake Havasu City are climbing.

Here’s the updated news: Another 128 Homes sold in Lake Havasu City in October 2012 with an average sales price of $204,327 up 14.3% over October 2011.  The median sales price was $166,553 a whopping 18.1% over October 2011.  Lake Havasu Real Estate is improving!  If you want to catch the ride up you definitely need to get on the train soon or it might leave the station without you.

Here is the summary of Lake Havasu market activity in October 2012:

  • 128 Homes Sold (Only 28 of which were foreclosures)
  • Most Expensive Sold Home Octobert 2012 – $850,000 – 1261 Kibbey Ln.

(Home Pictured Below)

  • Least Expensive Lake Havasu Home Sold in October 2012 – $40,000 – 807 Lakeland Drive.

MAJOR FIXER UPPER

(Home Pictured Below)

  • Only 48 Single Family Foreclosure Homes remain on the Market in Lake Havasu City as of the writing of this article.
  • Available Single Family Foreclosure Price Ranges as of 11/20/2012: $72,000 to $482,000
Julie and I have been reporting in our monthly reports that the Lake Havasu Real Estate Market has been improving and the trend is continuing.  Buyers recognize that homes are bargain priced and foreclosure inventory is down.  Prices are increasing particularly in the market under $250,000 and even the luxury market is now showing signs of healing with additional sales over the past 90 days.  The combination of record low interest rates and low housing pricing likely makes this the best opportunity for years to buy a home in Lake Havasu City.  Request a FREE Lake Havasu Foreclosure List here.

 

Call us today! We love selling Lake Havasu Real Estate and want to earn your business!
No Pressure…No Obligation…Just Friendly Service!
Bobby
Bobby & Julie Lewis Coldwell Banker Residential Brokerage Lake Havasu & Parker, Arizona REALTORS® 928-486-4498 Bobby’s direct cell 928-486-4147 Julie’s direct cell 928-244-1800 fax 888-HAVASU-8 Toll FREE
Check Out our FUN Websites:
http://www.discoverhavasuhomes.com/
http://www.discoverhavasurealestate.com/
 
 

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