Bullhead City Real Estate Report – March, 2009

by Evan Fuchs on April 16, 2009

in Bullhead City Real Estate

Bullhead City, Fort Mohave, and Mohave Valley home sales for the month of March, 2009.

Please note this report includes all residential property types (Single Family Homes, Manufactured Homes, Condominiums) and does not include commercial property or vacant land. Enjoy!

Bullhead City Home Sales

The number of Bullhead City homes sold in March jumped up 23% from February, as dollar volume nearly doubled and year-over-year sales improved for the fifth straight month.

Overall, the energy in the market is noticeably higher as inventory continues to drop and pending sales continue to increase.

The stats:

Units Sold – 59
Dollar Volume – $13,836,411
Average Price – $234,515 (Deceptively high thanks to a couple of $2 million sales.)
Median Price – $140,000

Year-to-Date
Units Sold – 152
Dollar Volume – $28,115,261

Fort Mohave Home Sales

In Fort Mohave, homes sold jumped by 47% from the month before, and 56% year-over-year. The median home price moved up just a touch.

Units Sold – 28
Dollar Volume – $3,419,841
Average Price -$122,137
Median Price – $136,200

Year-to-Date
Units Sold – 67
Dollar Volume – $8,234,788

Mohave Valley Home Sales

Unlike Bullhead City and Fort Mohave, the median price in Mohave Valley dropped significantly in March, but homes sold hit a 2 1/2 year high.

Units Sold – 18
Dollar Volume – $2,421,335
Average Price -$134,519
Median Price – $106,889

Year-to-Date
Units Sold – 47
Dollar Volume – $6,720,659

Source: Western Arizona REALTORĀ® Data Exchange

Like to keep up on local market stats and trends? The monthly real estate report is released by the tenth of each month, followed by the foreclosure report.

Looking for bank-owned homes? Get the foreclosure list here.

Related posts:

  1. Bullhead City Real Estate Report – April, 2009
  2. Bullhead City Real Estate Report – May, 2009
  3. Bullhead City Real Estate Report – February, 2009
  4. Bullhead City Real Estate Report – March 2010
  5. Bullhead City Real Estate Report – July, 2008

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