Lake Havasu Market Report - July 2020
By Liz Miller, Just Call Liz
(Coldwell Banker Residential Brokerage)
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 26.2% increase from the 225 sold last July. It's also the highest reported monthly sales for the entire year so far. This helped nudge our total Lake Havasu real estate sales to 2.3% higher than the same point la...
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