Kingman sees improvements in its housing market - New York News

Kingman sees improvements in its housing market

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KINGMAN, Ariz. (AP) - Home sales and the number of building permits pulled for single-family homes in Kingman during 2012 outpaced those in 2011.

The Kingman Daily Miner reports (http://bit.ly/ViWpbZ) that the city issued 77 building permits for single-family homes in 2012, while 37 such permits were issued in 2011.

One factor that played into the increase was a decision by the Kingman City Council to do away with impact fees at the beginning of 2012.

In 2011, 914 homes were sold in the Kingman area, with a median listing price of $74,900.

As of Friday, 1,009 homes were sold in 2012 at a median listing price of $78,100.

Information from: Kingman Daily Miner, http://www.kingmandailyminer.com

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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