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Arizona Real Estate Market Update September 2009

By Michael Fahey | October 13, 2009

Hanging on by our fingertips, the market continues to edge in a positive direction. September single family home sales in Bullhead City, Fort Mohave and Mohave Valley were down slightly at 71 from a record breaking August of 99 sales. The foreclosures home sales raised their vicious head as they increased their share of the sales claiming 68% of market. Although this is tough news for us the median sales price did rise slightly for the third continuous month from $136,000 in August to $137,000. Days on the market dropped as well as the available homes for sale on the market.

We are working hard to ensure that when you are listing with Team Fahey your property receives maximum exposure. The following are many of the websites your property is marketed for sale:

Team Fahey.com, CountryRanchRealty.com, Google, Yahoo Real Estate, Aol Real Estate, Trulia.com, Zillow.com, Frontdoor.com, CyberHomes.com, Hotpads.com, HomeFinder.com,Backpage.com, CLRSearch.com, Oodle.com, Local.com, Propbot.com Vast.com, Lycos.com, LaekHomesUSA.com, LandWatch.com, ResportScape.com, Enormo.com, ERealInvestor.com, LandWatch.com,Military.com, MyRealty.com, Overstock.com, OpenHouse.com, InvestorLoft.com,Walmart.com, Homes.com, MyNewPlace.com, SecondSpace.com, DotHomes.com, Point2Homes.com, TheNewYorkTimes.com, TheRealEstatebook.com, LoveMyZip.com, HomeHippo.com, HouseLocator.com, TheHousingPages.com, phonetour.com, HomesZ.com, Kazorks.com, PropertyShark.com, VivaReal.us, NTXHouseHunters.com, HomeAwayRealEstate.com, craigslist.com, Backpage.com, eBay.com, kneedl.com, Areaguides.net, Guidespot.com

Remember, the best offense when competing against foreclosures is condition. As always we need your home in its “Kodak” appearance to out-shine the competition. Remember, with buyers having so many housing choices, we have but one chance to make the cut with a good first impression.  

Single Family Home Sales- Bullhead City, Fort Mohave and Mohave Valley Arizona

 

  Active Pending Sold Average Median Days on % Foreclosed % Short Sale % Resale
        Sold $ Sold $ Market Sales    
J-09 844 197 55 $154,882 $124,000 121 78% 2% 20%
F-09 777 178 63 $173,147 $155,000 138 60% 8% 32%
M-09 776 172 80 $214,404 $155,050 157 59% 2.00% 39.00%
A-09 705 278 73 $157,921 $137,600 127 73% 2% 25%
M-09 704 271 89 $162,176 $142,000 150 59% 4% 37%
J-09 591 181 88 $153,902 $135,500 152 58% 8% 34%
J-09 588 271 87 $137,712 $130,000 157 59% 10% 31%
A-09 679 268 99 $151,557 $136,000 150 61% 7% 31%
S-09 625 255 71 $165,744 $137,000 126 68% 6% 26%

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