Above you will see the trend of Active vs. Closed listings have remained consistent to each other for several weeks.
Active SFR listings were at 352 units,
and Sold listings were 119 units.
Additionally, the below chart shows the Average Days on Market is on a downward trend pacing at 46 days.
What does this mean? Inventory levels remain sufficiently low enough to keep us in a Seller’s market. Furthermore, if the market does heat up, prices are likely to resume an upward climb.
In addition to helping our clients buy and sell properties, we also own and operate a full-service short-term property management company right here in Lake Havasu: Freedom Point Property Management.
Introducing Our Newest Short Term Rental…Havasu Azul!
Sleeps 16
Brand new pool+spa
Pool bubblers & deck shooters
Misters & foggers
Top-of-the-line outdoor kitchen with louvered roof
3-hole putting green
Fire pit
Game room: pool table, shuffleboard, XBOX, poker table, led lighting & more