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May's Statistics
SF Sales Volume:  $26,098,418
Total Number of Homes Sold:  138
Average List Price:  $201,800
Average Selling Price:  $189,119
Average Days on Market:  142
Present-Day Inventory:  774
Average List Price:  $328,987
Average Days on the Market:  199
Foreclosure Inventory:  92
Short Sale Inventory:  71
Testimonials
Mike,
Thank you so much for all your help in building our home. We really appreciate all you did for us. Next time we need a Lake Havasu Realtor, we will definately give you a call!
Thanks again!
Brent and Susan
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Lake Havasu City Property

Looking for that perfect lot to build your dream home? Then you better hurry because Lake Havasu City Property is going fast and the premium lots are going even faster. Lake Havasu has a shortage of lots largely due to the recent real estate boom, but this creates a great environment for investors who are willing to be patient. Lake Havasu City Property could possibly see an expansion to the number of lots that are available for sale, because there has been a rumor that the BLM (Bureau of Land Management) is working to free up Indian reservation land. This could potentially free up a few thousand more lots for resale to the public giving a big boost to Lake Havasu City Property, and a lot more opportunity to investors to get in on the action.

If the BLM is successful in freeing up this Indian land, then there will likely be a slight decline of value to existing lots, followed by a big money making situation for Lake Havasu City Property investors. Obviously for the buyer, the time to buy is right after the land is released, but if you already an owner of Lake Havasu City Property the key is patience, you need to wait a few years for the prices to rise again, which they will, before selling, and make your investment work best for you. As far as when this could happen, it has been rumored for quite a few years now, so don't hold your breath, but good sources say that it is in the works. The best thing to do is to always keep an eye on our Listings page and check the amount of lot listings for a plethora of Lake Havasu City Property.

There are still quite a few vacant lots available out there for the potential buyer to purchase. But one noticeable difference in the properties for sale now is the amount of preparation that would be necessary to make the land suitable to build on. As with anything, the most desirable pieces of land sell first, and the remaining lots will be just as sought after in time. There are many knowledgeable, talented and creative contractors here that know Lake Havasu City Property like the back of their hand, and that can build you the home of your dreams on any piece of land that you purchase.


 
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