Lake Havasu City Real Estate Market Update - 11/19/2009

Lake Havasu City Real Estate Market Update as of 11/19/2009

Well the trend continues. Homes continue to sell at a much brisker pace than a year ago.

In fact from 10/15-11/15/2009 another 141 additional single family properties sold in Lake Havasu City well ahead of the 95 that sold during the same period last year. That's a nearly a 50% increase year over year.

Here is the breakdown of Lake Havasu market activity from October 15-November 15th, 2009:

• 141 Single Family Homes Sold (77 of which were foreclosures)




• Most Expensive Sold Home $800,000




• Lease Expensive Sold Home $49,900




• Currently 104 Foreclosures are on the Market in Lake Havasu City




• Available Single Family Foreclosures Price Ranges as of 11/19/09 - $39,900 - $549,900

There is definitely a different feel in the air in real estate offices all over the city. Agents are busy, buyers are present, and due to the extremely low prices people are excited about real estate again. This might be the best opportunity for years to come to get in and buy a home in Lake Havasu City, AZ. Request a FREE Lake Havasu Foreclosure List here.

Please call, e-mail, or post to this blog anytime with questions.

Thanks for visiting!

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/