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.

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Lake Powell Real Estate Market Report – 1st quarter 2008

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