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Archive | July, 2017

Jul 31

First Half 2017 Yuma AZ Real Estate Market Update

It’s time to take a look back at the first half of 2017.  Can you believe it’s already the end of July?! Let’s start with the basics.  Yuma’s average sales price is $147,937.  When you exclude manufactured homes, the average single family residence (SFR) sold for $171,887.  With 1,482 homes sold, we are averaging 247 sales per month. Compared with last year at this time, inventory is down, prices are up and sales are up. Rates First off, let’s talk about mortgage rates.  Rates are lower than anyone