Bullhead City Foreclosure Report – October, 2009

by Evan Fuchs on November 30, 2009

in Bullhead City Real Estate

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.

Nearly 28% of the homes that hit the local Multiple Listing Service (MLS) in October were bank-owned foreclosures (REO properties). Foreclosures now account for more than 12% of the homes currently for sale.

Here’s a breakdown of the foreclosures sold in October compared to traditional sales:

Bullhead City Residential Sales in October 2009

This first section includes all property types. A breakdown by property type follows.

Foreclosures Non-Foreclosures
Units Sold 37 30
Median Sale Price $106,000 $124,950
Avg. Price per Square Foot $76.38 $88.43
Avg. List/Sale Ratio 97.7% 95.5%
Avg. Days on Market 82 186

Site Built Homes

Foreclosures Non-Foreclosures
Units Sold 20 13
Median Sale Price $99,900 $159,000
Avg. Price per Square Foot $67.95 $109.56
Avg. List/Sale Ratio 94.7% 90.6%
Avg. Days on Market 125 184

Manufactured Homes

Foreclosures Non-Foreclosures
Units Sold 2 8
Median Sale Price $35,750 $95,000
Avg. Price per Square Foot $32.25 $73.60
Avg. List/Sale Ratio 94.2% 94.1%
Avg. Days on Market 84 245

Condominiums

Foreclosures Non-Foreclosures
Units Sold 6 2
Median Sale Price $60,500 $67,450
Avg. Price per Square Foot $97.97 $73.95
Avg. List/Sale Ratio 97.3% 100%
Avg. Days on Market 84 83
Looking for Bank-owned foreclosures in the Bullhead City area ? You might also want to check out our Bullhead City homes search. You can run your own home searches 24/7 and even get emailed when new matches hit the market. No login or personal information required.

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Related posts:

  1. Bullhead City Foreclosure Report – November, 2009
  2. Bullhead City Foreclosure Report – May, 2009
  3. Bullhead City Foreclosure Report – September, 2009
  4. Bullhead City Foreclosure Report – October, 2008
  5. Bullhead City Foreclosure Report – June, 2009

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