Apr 8 2019 67304 1

Dated: 04/08/2019

Views: 136

According to Zillow, price homes are up! Now is a great time to sell your home and cash out your equity!

The median home value in Lake Havasu City is $274,800. Lake Havasu City home values have gone up 14.3% over the past year and Zillow predicts they will rise 9.6% within the next year. The median list price per square foot in Lake Havasu City is $191, which is higher than the Lake Havasu City-Kingman Metro average of $157. The median price of homes currently listed in Lake Havasu City is $321,500 while the median price of homes that sold is $261,200. The median rent price in Lake Havasu City is $1,500, which is higher than theLake Havasu City-Kingman Metro median of $1,300.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Lake Havasu City is 0.4%, which is lower than the national value of 1.1%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Lake Havasu City homeowners underwater on their mortgage is 5.8%.

Call now for information on how to best take advantage of today's market!

Amy Lombardi



Coldwell Banker Residential Brokerage

928-486-9946 office

928-230-4526 cell


94 S. Acoma Blvd., Suite 103

Lake Havasu City, AZ 86403

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