Note the chart on the side. We are entering the best time to sell. We never know what next year brings. Real Estate cycles are unpredictable.
Right Now Just the Facts:
Homes are selling almost as soon as we can get them listed in many cases now.
The more exclusive neighborhoods and custom homes are taking longer than the averages to sell and in many cases up to a year but anything priced under $300,000 should sell in less than 60 days.
Our buyers in the higher price ranges are fewer.
We have 60 homes on the market in Lake Havasu City that are priced above $600,000. I found one that has been on the market 4336 days. How many years is that? A few in my browsing search have been on the market over a year.
I have a point to make if you are a seller in this category and you have been on the market for a while.
- Hello...it is not your Realtor that is causing you to stay on the market. We just don't enough buyers in the higher price ranges.
- If you are getting no showings it is because you are overpriced.
It is only your Realtor that causes you to not sell if you choose an inexperienced one. All top producers have similar marketing plans. We will all modify our marketing plan to accomodate your wishes if you have special requests.
- we have professional pictures
- we use the internet
- we have great virtual tours
- we have great relationships with our fellow realtors
All top producing listing agents are in this business to sell houses so if yours fits our client yours gets on the showing list. Period.
Supply and Demand by area:
- currently active 153
- average days to sold 70
- average list price $286,000
- average sale price $278,000
- expired 55
- currently active 124
- average days to sold 62
- average list price $431,000
- average sale price $312,000
- expired 62
This includes our gated community areas.
- currently active 95
- average days to sold 93
- average list price $309,000
- average sale price $302,000
- expired 58
This includes our golf course area
What will NOT SELL? Overpriced. The buyer determines the value of your home compared to others they see. In these days of internet our buyers have a wealth of information available before they even meet with us.
The market is dynamic and we cannot discount recent sold data. We are gated as Realtors by appraisals and recent sold homes even under priced ones can change a market.
I hope this information is helpful as you consider selling in Lake Havasu City either now or in the future.
Don't wait for the next market correction.
Our newest website has a home value tool that even allows you to watch the activity in your are.
Don't worry that you have to put in your information. I already know you!