Bullhead City Real Estate Report - July, 2008

by Evan Fuchs on August 6, 2008

in Bullhead City Real Estate

Bullhead City, Fort Mojave, and Mohave Valley home sales for the month of July, 2008.

Please note this report includes all residential property types (Single Family, Manufactured Homes, Condominiums) and does not include commercial property or vacant land. Enjoy!

Bullhead City Home Sales

Homes sold are up again this month in Bullhead City, this time by 20%. However, volume is about 12% lower compared to last month, while the median sale price is up 11%. If that math doesn’t seem to right, it’s because we didn’t have any of those $1 Million + sales this month.

Units Sold - 67
Dollar Volume - $11,162,165
Average Price - $166,607
Median Price - $154,900

Year-to-Date
Units Sold - 352
Dollar Volume - $64,822,433

Fort Mohave Home Sales

Sales are a little softer in Fort Mohave this month, but not by much. 22 sales compared to 26 in June.

Units Sold - 22
Dollar Volume - $3,724,950
Average Price - $169,316
Median Price - $159.700

Year-to-Date
Units Sold - 160
Dollar Volume - $28,289,552

Mohave Valley Home Sales

Mohave Valley real estate is pretty steady, with the same number of sales as last month and very similar volume.

Units Sold - 11
Dollar Volume - $1,981.500
Average Price - $169.316
Median Price - $159,700

Year-to-Date
Units Sold - 66
Dollar Volume - $14,767,750

Source: Western Arizona REALTORĀ® Data Exchange

An in-depth breakdown of July sales and the monthly foreclosure report will be available later this week. Want it delivered to you? Subscribe to the BullheadCityBlog.com RSS feed

For detailed market stats and commentary on the Bullhead City real estate market, download the latest edition of The Informant.

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