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Lake Havasu City is a city in the western part of Arizona and a city in Mohave County. It is in the Chemehuevi Valley along the Colorado River and on the west of Mojave Mountains. The town was founded in 1964 and was promoted by Robert P. McCulloch, who was an industrialist to become the focal point for the development as a recreation and retirement area. A lot of visitors are drawn to the region because of the historic London Bridge that was purchased for $2.5 million by McCulloch. The London Bridge was transplanted stone-by-stone and was then re-elected to span a human-made inlet that is located in the Colorado River. In addition to the modern industry of the city’s economy in tourism and services, manufacturing has also played as a significant source of employment.

Home Prices

AVERAGE
502,293 +5%
MEDIAN
412,300 +3%

Relative Price (per sqft.)

PRICE
215 +7%

Listings

ACTIVE
182 -28%
NEW
56 -26%

Market Duration

DAYS
65 -6%
Population 52,844 (24.60%)
House Size (sqft.) 1,875 (1.82%)