2220 Cup Lane is one of Lake Havasu’s most distinctive homes in the prestigious Residential Estates neighborhood with nearly 7,000 sq ft of garage space and over 5,400 sq ft of living space.
Our buyers wanted privacy, a pool, a great location, and plenty of room for family… and TOYS! This home had it all. Representing both sides made it possible to bring everyone together for a smooth, successful closing.
If you’re thinking about buying or selling in Lake Havasu City, reach out to us.
928.732.4866
Lake Havasu City
Real Estate Market Update
Listing & Sales Trends
As of today, August 14, there are 458 active SFR homes for sale in LHC.
New listings are coming on at a steady pace, and pending/sold activity has stayed consistent… showing demand is keeping pace with supply.
Well-priced, well-presented homes are securing faster offers.
Prices & Activity
Average active list prices (blue line) have been trending upward over the last few months, now averaging just over $825,000… the highest point this year.
Average sold prices (red line) have remained steady, reflecting a stable market for closed sales.
Sale-to-List Ratios
Homes are selling for about 97% of list price (red line) and 94–95% of original list price (blue line), meaning price reductions are still a factor for some sellers before finding a buyer.
Well-positioned homes in great condition are moving close to asking price.
Days on Market
The average days on market for single-family homes has fluctuated, recently landing at 62 days.
While we’ve seen some spikes, the overall trend suggests that well-priced homes are still moving within two months on average.
Proper pricing and strong presentation remain key to reducing time on the market.
Newly opened this summer, the space features a tap house with beer and wine, a rotating lineup of food trucks, indoor and outdoor seating with misting fans, fireplaces, and a casual, fun atmosphere.
HOURS:
Tap Room: 11 AM - 9 PM Daily
Food Trucks: Vary by vendor, but at least 3 open at any given time
2894 Jamaica Blvd S
Lake Havasu City, AZ
Instant Home Valuation
Curious what your Havasu home is worth? Click the link below to get you home value instantly online.
