Bullhead City, Fort Mohave, and Mohave Valley home sales for the month of September, 2008.
Please note this report includes all residential property types (Single Family, Manufactured Homes, Condominiums) and does not include commercial property or vacant land. Unless otherwise noted, all data is from the Western Arizona REALTOR® Data Exchange. Enjoy!
Bullhead City Home Sales
After an unexpected spike in sales in July and a slight dip in August, the number of Bullhead City homes sold in September dropped 29% from the month before, with 44 homes sold. It’s been surprisingly similar for three years now. The number of homes sold dropped 27% from August to September in 2007 and 28% in 2006. The following was stronger in both of those years.
The median price of homes sold in Bullhead City actually went up a bit from $138,500 in August to $139,950 in September. The average sale price soared from $165,658 to $199,817, thanks to several riverfront homes selling, including one for over $1.7 million.
Units Sold – 44
Dollar Volume – $8,791,934
Average Price – $199,817
Median Price – $139,950
Year-to-Date
Units Sold – 461
Dollar Volume – $84,540,552
Fort Mohave Home Sales
After posting the second strongest month of the year in August, Fort Mohave home sales fell nearly 52% with 15 homes sold in September. The median sale price of homes sold in Fort Mohave also fell from $158,500 in July to $137,000 in September (14%).
Units Sold – 15
Dollar Volume – $1,995,558
Average Price – $133,037
Median Price – $137,000
Year-to-Date
Units Sold – 209
Dollar Volume – $35,653,970
Mohave Valley Home Sales
There were six homes sold in Mohave Valley in September, but there were some big ones. Three of the six sold for $425,000 – $850,000, bringing the median price of homes sold in Mohave Valley from $189,900 in August to $303,047 in September.
Units Sold – 6
Dollar Volume – $2,247,721
Average Price – $374,620
Median Price – $303,047
Year-to-Date
Units Sold – 79
Dollar Volume – $18,516,521
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For detailed market stats and commentary on the Bullhead City real estate market, download the latest edition of The Informant.
