30 Jul Kingman Real Estate Market Update – Summer 2021
Are you considering buying or selling your home in Kingman or the Hualapai Mountain region? The market is hot and its a great plan to have a strategy in place when considering what action to take. Check out the latest trends and numbers related to Kingman Real Estate in Summer 2021 courtesy of Realtor.com.
Is it a Buyer or Sellers Market?
If you’re familiar with the nationwide real estate market as a whole, you probably know that it leans heavy in the seller’s favor at the moment. However, there are a few factors that go into how hot the market is. While there are more buyers than sellers in Kingman as of June 2021, the sale-to-list price ratio is 100% which means that sellers are getting approximately the asking price for their homes in Kingman, but the majority are not selling for above asking which is decent news for buyers. However, this is great news if you’re a seller. Click here to check out your potential home value!
Kingman Home Prices
Despite the hot hot housing market, Kingman remains a relatively affordable place to live. In June 2021, the median home price had increased by over 50% year-over-year up to $181,500. The median sold price was $200,000.
Time on the Market
As of last month, homes in Kingman, Arizona sold after 55 days on the market on average. This is down from last month and year-over-year.
Have more questions about the Kingman real estate market? Give Sandra Faubion, your local Kingman & Hualapai Mountain real estate agent, a call for more information! 928-846-1959
(All Graphs Created by Realtor.com)
Image Credit: By CC BY-SA 3.0, Link
Sorry, the comment form is closed at this time.