The Bullhead City Foreclosure Report includes all homes sold in Bullhead City (site built homes, manufactured homes, and condominiums) as reported to the Western Arizona REALTOR® Data Exchange unless otherwise noted.
Bullhead City Residential Sales in July 2009
This first section includes all property types. A breakdown by property type follows.
Foreclosures accounted for less than half of the homes sold in July – the best selling month for Bullhead City real estate in more than two years.
Here are the overall residential sales stats for Bullhead City
| Foreclosures | Non-Foreclosures | |
|---|---|---|
| Units Sold | 37 | 44 |
| Median Sale Price | $85,000 | $115,000 |
| Avg. Price per Square Foot | $64.30 | $90.28 |
| Avg. List/Sale Ratio | 90.2% | 93.9% |
| Avg. Days on Market | 129 | 206 |
Bullhead City Site Built Homes Sold in July 2009
Foreclosures live in the site built homes segment of the market. This month the gap in price between banks owned homes and traditional sales was BIG.
| Foreclosures | Non-Foreclosures | |
|---|---|---|
| Units Sold | 27 | 23 |
| Median Sale Price | $90,000 | $155,000 |
| Avg. Price per Square Foot | $71.38 | $101.02 |
| Avg. List/Sale Ratio | 92.5% | 95.7% |
| Avg. Days on Market | 120 | 220 |
Bullhead City Manufactured Homes Sold in July 2009
As is typical, foreclosures make a smaller mark in the manufactured homes segment of the Bullhead City market.
| Foreclosures | Non-Foreclosures | |
|---|---|---|
| Units Sold | 7 | 17 |
| Median Sale Price | $40,000 | $81,000 |
| Avg. Price per Square Foot | $33.67 | $77.11 |
| Avg. List/Sale Ratio | 78.9% | 92.8% |
| Avg. Days on Market | 177 | 145 |
Bullhead City Condominiums Sold in July 2009
Condo sales are picking up, but prices are not.
| Foreclosures | Non-Foreclosures | |
|---|---|---|
| Units Sold | 3 | 4 |
| Median Sale Price | $92,750 | $96,500 |
| Avg. Price per Square Foot | $72.11 | $84.47 |
| Avg. List/Sale Ratio | 95.4% | 88.2% |
| Avg. Days on Market | 95 | 380 |
Related posts:
