The second quarter of 2008 ended June 30th. For the Lake Powell areas of Page and Greenehaven Arizona here is the breakdown of real estate market activity.
1 – Commercial Building sold
9 – Manufactured Homes sold
8 – Single Family Homes sold
2 – Single Family Lots sold
2 – Townhomes Sold
For a total of 22 sales.
Total Sales: $4,089,674
Average Lot Price: $182,500
Average Home Price: $171,965
Average Townhome Price: $304,637
This compares well with the 14 closings in the first quarter for total sales of $2,782,229.
The second quarter showed an improvement of $1,307,445 or about 32%
If you are looking to buy or sell real estate in the Lake Powell area, the market is moving.