lake havasu home inventory: Lake Havasu Market Report for February 2022
- 03/02/22 01:24 PM
The 2022 real estate industry started off a bit lower than 2021. February continues this downward trend in sales and inventory. However, the Lake Havasu Market Report for February 2022 tells a different tale with home prices. They hit another record high again. Interest rates also continue to rise. And they do not appear to be slowing down anytime soon.
Lake Havasu Market Report for February 2022February 2022 Home SalesFlex MLS reported a total of 198 Havasu properties were sold in February 2022. That marked a 7.9% dip from the previous February. However, it was also 12% higher than January's total of … (1 comments)
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lake havasu home inventory: Lake Havasu Market Report for October 2021
- 11/03/21 12:52 PM
According to the Lake Havasu Market Report for October 2021, total sales fell off a bit. But that is typical for this time of year. However, prices hit their highest median point for the year so far. And inventory inched up a little from September's numbers. How does this affect Lake Havasu City home buyers?
Lake Havasu Market Report for October 2021October 2021 Home SalesOur local MLS reported a total of 205 properties sold in Lake Havasu City during October 2021. That marked a 26% decrease from the total sold in October 2020. It also showed a 9.8% decrease from September 2021's … (4 comments)
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lake havasu home inventory: Lake Havasu Market Report for June 2021
- 07/07/21 12:52 PM
Whew! The Lake Havasu Market Report for June 2021 shows some possible relief for home buyers. For the first time since December 2020, the median sale price actually decreased from the previous month. Could that indicate the beginning of a leveling-off in the market? It is too soon to tell. Inventory fell off slightly from May's stats and active listings followed suit. What else happened in the Havasu real estate market last month that buyers need to know about?
Lake Havasu Market Report for June 2021June 2021 Home SalesAccording to our local MLS, a total of 240 properties sold in Lake Havasu … (1 comments)
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lake havasu home inventory: Lake Havasu Market Report for May 2021
- 06/02/21 12:54 PM
Our Lake Havasu real estate market continues to sizzle. Median sale prices rose past $400,000 for the first time ever. And it does not look like they will be coming back down anytime soon. We continue to see several buyers vying for the small number of properties available on the market. So, if you want to snatch up a property before another buyer does, you need to make sure you pre-approved for a mortgage loan right away. And by that, I mean as soon as you finish reading this blog post. What else did the Lake Havasu Market Report for May … (0 comments)
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lake havasu home inventory: Lake Havasu Market Report for April 2021
- 05/05/21 02:08 PM
Buyers love Havasu real estate. According to the Lake Havasu Market Report for April 2021, year-over-year sales continued to surpass expectations. But high lumber prices, high buyer demand, and low inventory keep driving prices higher and higher. Unfortunately for buyers, this is a trend that is here to stay for the foreseeable future. That is why you absolutely must have your mortgage loan lined up and ready to go when you find a property you want to put an offer in on. In fact, that needs to be one of the very first steps you take when you decide that you … (2 comments)
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lake havasu home inventory: Lake Havasu Market Report for March 2021
- 04/07/21 01:07 PM
Real estate markets all across the country show a huge spike in buyer demand. That includes right here in Lake Havasu City. This is great news for sellers but not so much for buyers. Why? High buyer demand partnered with low inventory means higher sale prices. According to the Lake Havasu Market Report for March 2021, that is the exact scenario Havasu home buyers face right now. If you want to purchase a Havasu home in the near future, talk to your lender right away to start the pre-approval process on a home loan. You run a high risk of falling … (1 comments)
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lake havasu home inventory: Lake Havasu Market Report for February 2021
- 03/03/21 10:17 AM
Even with interest rates on the upswing, buyer demand continues to soar in the Havasu real estate market. According to the February 2021 Lake Havasu Market Report, inventory levels dropped off to their lowest point in the last 12 months. Active listings fell by more than half. Sales, on the other hand, rose. This all pushed sale prices up. If you are in the market for a new home, your first step needs to be to talk to your lender about securing a mortgage loan. That way, you are ready to act when you find a Havasu home you love.
Lake Havasu … (2 comments)
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lake havasu home inventory: Lake Havasu Market Report for January 2021
- 02/03/21 10:28 AM
My goodness. The first month of 2021 simply flew by. And our local housing market continues to thrive. According to the Lake Havasu Market Report for January 2021, sale prices and total home sales saw a huge increase from the previous January. Unfortunately, inventory levels fell to their lowest point in over a year. That means that competition among buyers for available homes is fierce.
Lake Havasu Market Report for January 2021January 2021 Home SalesFlex MLS reported a total of 197 Lake Havasu properties sold in January 2021, a 7.7% increase from the same time last year. Pending listings came in at … (2 comments)
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lake havasu home inventory: Lake Havasu Market Report for December 2020
- 01/06/21 01:31 PM
I hope everyone enjoyed the holidays as much as I did. Let us take a moment to reflect on how the local 2020 housing market ended up and how it fared all year long. According to the Lake Havasu Market Report for December 2020, total sales and sale prices rose significantly from the end of 2019. However, inventory levels plunged to below two months for the second time in 2020. How does this affect buyers today?
Lake Havasu Market Report - December 2020December 2020 Home SalesOur local multiple listing service (Flex MLS) reported a total of 225 Lake Havasu properties sold in … (3 comments)
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lake havasu home inventory: Lake Havasu Market Report for November 2020
- 12/02/20 01:08 PM
The end-of-year holidays are upon us. I hope everyone enjoyed their Thanksgiving. Just three weeks until Christmas and four weeks until we bid adieu to 2020. Our local real estate market continues to thrive. According to the Lake Havasu Market Report for November 2020, year-over-year sales and prices went up. Buyers want to take advantage of historically low interest rates to purchase properties. Unfortunately, the pickings are slim. Inventory remains incredibly low. Buyers need to be prepared to act fast.
Lake Havasu Market Report - November 2020November 2020 Home SalesFlex MLS (our local multiple listing service) reported a total of 212 Lake … (0 comments)
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lake havasu home inventory: Lake Havasu Market Report - September 2020
- 10/07/20 11:40 AM
For other parts of the US, October means a changing of the leaves and chillier weather. In Lake Havasu City, it means temperatures in the 90s for the most, with the last of the triple-digits beginning to fade away. Even our local real estate market remains hot, hot, HOT! According to the September 2020 Lake Havasu Market Report, both home sales and prices went up while inventory stayed extremely low. Yes, our seller's market continues.
Lake Havasu Market Report - September 2020September 2020 Home SalesAccording to our local Multiple Listing Service (MLS), a total of 262 Lake Havasu properties were sold in … (1 comments)
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lake havasu home inventory: Lake Havasu Market Report - August 2020
- 09/02/20 11:03 AM
Usually, our Lake Havasu real estate market starts the year off mild and begins to pick up around spring (April/May). This year, thanks to COVID, we experienced a very tepid spring. But summer heated up in more ways than one. As Arizona began to open back up, people came out of hibernation. And they were on the lookout for a new home. According to the Lake Havasu Market Report for August 2020, we saw our third highest monthly sales for the year, inventory dipped down to its lowest point, and prices hit a record high.
Lake Havasu Market Report - August 2020August … (1 comments)
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lake havasu home inventory: Lake Havasu Market Report - July 2020
- 08/05/20 01:00 PM
Home sales figures and the median sale price hit their highest point of the year, according to the Lake Havasu Market Report for July 2020. Unfortunately, our inventory continues its deep dive. Until we see more listings hit the market, prices will continue to rise. That's great news for sellers but not so great for buyers. What is good news for buyers, however, is that interest rates remain at historically low levels.
Lake Havasu Market Report - July 2020July 2020 Home SalesFlex MLS reported that a total of 284 properties in Lake Havasu City were sold in July 2020. That marks a … (3 comments)
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lake havasu home inventory: Lake Havasu Market Report - June 2020
- 07/08/20 10:47 AM
In late May, Governor Ducey began reopening the state back up. Our June 2020 Lake Havasu Market Report numbers show it, too. After four months of lower year-over-year numbers, last month's home sales finally showed a marked increase over last year's. How did the rest of the market perform? Read on to find out.
Lake Havasu Market Report for June 2020June 2020 Home SalesAccording to our local Multiple Listing Service (MLS), 266 properties were sold in Lake Havasu City in June 2020. That's 32.3% more than the 201 sold during the same time last year. It's also a 56.8% increase over May … (1 comments)
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lake havasu home inventory: Lake Havasu Market Report - April 2020
- 05/06/20 11:31 AM
We're starting to see a little light at the end of the Coronavirus tunnel right now. The governors of many states across the country, including Arizona, started laying out their plans to open up businesses and get people back to work in phases. They hope their tiered plan of opening up keeps COVID-19 exposure to a minimum while maintaining a flattened curve. April 2020's Lake Havasu Market Report showed that home sales took a beating while sale prices actually went up.
Lake Havasu Market Report for April 2020April 2020 Home SalesOur local Multiple Listing Service (Flex MLS) reported a total sale of … (2 comments)
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lake havasu home inventory: Lake Havasu Market Report - March 2020
- 04/01/20 12:51 PM
We are living in some unprecedented times right now. Who would have thought major cities like New York, San Francisco, Los Angeles, and Seattle would virtually shut down? With a global pandemic like COVID-19, businesses, organizations, and individuals must navigate a "new normal". The mayor asked that restaurants shut down the in-house dining and stick to delivery or to-go orders only. He also requested that we begin practicing social distancing. That distancing means keeping at least six feet from others and only leaving your house for essentials (like food and medicine).
Playdates must wait. Organizers canceled any upcoming events that involve more … (2 comments)
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lake havasu home inventory: Lake Havasu Market Report - February 2020
- 03/04/20 10:27 AM
We appear to be on track for a fantastic first quarter in the Lake Havasu real estate market. According to the Lake Havasu Market Report for February 2020, sales were down slightly from last year but prices went up. Continued low inventory levels help push prices higher. Exactly how did the market fare last month? Read on to find out.
Lake Havasu Market Report for February 2020February 2020 Home SalesFlex MLS (Lake Havasu's Multiple Listing Service) reported a total of 174 single-family homes sold last month. That's a 4.9% decrease from the 183 sold in February 2019. Even so, year-to-date sales still … (3 comments)
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lake havasu home inventory: Lake Havasu Market Report for January 2020
- 02/05/20 11:12 AM
New year, new market? The Lake Havasu Market Report for January 2020 showed that sales definitely saw a huge uptick from the previous January. Sale prices hit their highest point ever. And inventory remains low but stayed pretty even from the close of last year. Read on to see how the market performed last month.
January 2020 Lake Havasu Market ReportJanuary 2020 Home SalesHavasu's Multiple Listing Service (Flex MLS) reported a total of 178 single-family homes sold in Lake Havasu in January 2020. That's a whopping 33.8% more than the 133 sold in January 2019. Not a bad way to start off … (3 comments)
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lake havasu home inventory: Lake Havasu Market Report for December 2019
- 01/08/20 10:54 AM
I hope everyone enjoyed themselves with their loved ones over the past few weeks. Now that the holidays are over, we can get on about our regular business. 2019 came in with a whimper and went out with a bang as far as the real estate market is concerned. According to the Lake Havasu Market Report for December 2019, total sales ended their month-over-month decreasing trend we had been experiencing. Inventory still remains low. But prices hit their highest point all year long.
December 2019 Lake Havasu Market ReportDecember 2019 SalesOur Lake Havasu multiple-listing service (Flex MLS) reported a total of 199 … (2 comments)
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lake havasu home inventory: Lake Havasu Market Report for November 2019
- 12/11/19 01:55 PM
I hope everyone had an awesome Thanksgiving with their loved ones. We're rounding out the end of the year here. In two weeks, we celebrate Christmas. Then, we welcome in a brand new year. 2020...can you believe it?! Do yourself a favor. Take in the Festival of Lights in the English Village this month. It ends on January 5th. Or bring the family to the London Bridge Resort for some ice skating before it closes on January 15th. Now, on to some local real estate news. The Lake Havasu Market Report for November 2019 showed that sales and prices continued to … (3 comments)
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The 2022 real estate industry started off a bit lower than 2021. February continues this downward trend in sales and inventory. However, the Lake Havasu Market Report for February 2022 tells a different tale with home prices. They hit another record high again. Interest rates also continue to rise. And they do not appear to be slowing down anytime soon.
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