Lake Havasu City-Kingman, AZ
Executive Summary
Lake Havasu City's housing market shows average risk, ranking 123rd of 287 metros. The market recently entered Recovery. Inventory is growing moderately (+14% YoY) with stable liquidity. Early signs of stabilization — conditions may favor patient buyers.
Lake Havasu City experienced a market correction from mid-2025 through mid-2025. The market is currently recovering.
Inventory is growing at a moderate +14% pace with homes taking +1% longer to sell — within normal ranges.
Rent growth is roughly keeping pace with price appreciation, suggesting valuations are not stretched.
Cycle Phase
Market conditions are rebuilding after a correction period
Key Dynamics
Risk is primarily driven by affordability and permits per capita, while price momentum provides the most support.
Top Drivers
Market Signals
Inventory is growing at a moderate +14% pace with homes taking +1% longer to sell — within normal ranges.
Liquidity
Valuation
Factor Details
12-month HPI change — higher = overheating
YoY permit change — higher = supply pressure
Permits per 1,000 residents — higher = overbuilding risk
Mortgage payment / income — higher = more burdened
12-month employment change (risk inverted)
Net AGI migration (risk inverted)
National Context
Credit Conditions
Credit Regime
Healthy recovery. Credit is flowing normally and transactions are steady — conditions favor continued rebuilding.
Supply Pipeline
Supply Regime
Supply pipeline is building up while credit remains available. New units are accumulating in the system — watch for delivery pressure in coming quarters.
Local Signals
Metro Permit Activity
Permit Activity
Sharp CoolingRaw signal — not the composite percentile
Relative to 2016–2019 norms for this metro
Significant supply pullback into healthy demand. A supply constraint is forming — pricing power is shifting to existing inventory holders.
Employment Concentration
Employment
ModerateInternal Structure
County-level structural analysis.
County-level structural analysis is not available for this metro due to fewer than 3 qualifying counties.
Score History
| Month | Score |
|---|---|
| 2025-11 | 61 |
| 2025-10 | 57 |
| 2025-08 | 63 |
| 2025-07 | 62 |
| 2025-05 | 60 |
| 2025-03 | 71 |
| 2025-02 | 70 |
| 2024-12 | 60 |
| 2024-09 | 62 |
| 2024-08 | 59 |
| 2024-06 | 62 |
| 2024-05 | 58 |
| 2024-04 | 59 |
| 2024-02 | 50 |
| 2023-11 | 64 |
| 2023-09 | 59 |
| 2023-07 | 58 |
| 2023-05 | 58 |
| 2023-03 | 62 |
| 2023-01 | 60 |
| 2022-11 | 54 |
| 2022-09 | 66 |
| 2022-08 | 69 |
| 2022-06 | 67 |
| 2022-03 | 67 |
| 2022-02 | 67 |
| 2021-12 | 68 |
| 2021-11 | 70 |
| 2021-09 | 66 |
| 2021-06 | 69 |
| 2021-04 | 67 |
| 2021-02 | 64 |
| 2021-01 | 64 |
| 2020-11 | 63 |
| 2020-10 | 64 |
| 2020-08 | 63 |
| 2020-05 | 63 |
| 2020-03 | 67 |
| 2019-12 | 72 |
| 2019-10 | 71 |
| 2019-08 | 66 |
| 2019-07 | 69 |
| 2019-05 | 66 |
| 2019-02 | 63 |
| 2019-01 | 62 |