Thursday, January 19, 2012

Riverfront Home Sales Market Update

Bullhead City Lake Havasu City Real Estate
Riverfront home sales were strong for 2011; both in number and the cost per square foot rose 11% over 2010. Nearly twice as many riverfront homes sold during 2011 compared to 2010. With 21 single family home sales during 2011, and the average cost per sq foot at $170.00, it is clear that those who have dreamed of owning riverfront property in Bullhead City or Mohave Valley are taking the plunge. Of the 21 sales, 4 were foreclosures, 4 were short sales while the remaining 13 were regular sales. Of the 13 regular sales Real Living Country Ranch’s agents represented either the buyer, seller or both in 10 of 13 sales. Keeping in step with tradition, Real Living Country Ranch continues to successfully negotiate through troubled waters of appraisals and bank conditions to get these properties sold.

 http://www.realliving.com/Steve-Kuncho-Real-Estate-Agent

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