Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (03/02/08 through 03/08/08)
Here come the listings! As expected, listing numbers continue to climb - four weeks ago there were 26 new listings from Crestline, through Lake Arrowhead and up to Green Valley Lake (and everywhere in between). This week there are 50 new listings including two lakefront properties. Buyer activity is definitely increased and the media is starting to support the idea that now is the time to buy.
ARROWHEAD WOODS
New Listings
10
Median Price
$466,500
Price Range
$267,550 - $1,195,000
Active Listings
311
Median Price
$549,000
Price Range
$225,000 - $5,995,000
Pending Listings
32
Median Price
$537,450
Price Range
$267,550 - $899,000
Sold Listings
2
Median Price
$1,095,000
Price Range
$965,000 - $1,225,000
Average Days on Market
145.0
Average List To Sale Percentage
87.6%
LAKEFRONT HOMES
New Listings
1
Median Price
$1,175,000
Price Range
$ - $
Active Listings
29
Median Price
$2,850,000
Price Range
$995,900 - $9,950,000
Pending Listings
2
Median Price
$2,600,000
Price Range
$2,250,000 - $2,950,000
Sold Listings
0
Median Price
$
Price Range
$ - $
Average Days on Market
Average List To Sale Percentage
%
SURROUNDING COMMUNITIES (ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK, DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)
New Listings
8
Median Price
$267,250
Price Range
$139,900 - $525,000
Active Listings
151
Median Price
$259,000
Price Range
$99,900 - $1,619,100
Pending Listings
17
Median Price
$214,900
Price Range
$124,950 - $375,000
Sold Listings
1
Median Price
$288,000
Price Range
$ - $
Average Days on Market
145.0
Average List To Sale Percentage
96.2%
CRESTLINE
New Listings
4
Median Price
$175,275
Price Range
$170,000 - $385,000
Active Listings
158
Median Price
$266,950
Price Range
$37,500 - $1,400,000
Pending Listings
18
Median Price
$184,950
Price Range
$119,900 - $489,900
Sold Listings
2
Median Price
$131,500
Price Range
$110,000 - $153,000
Average Days on Market
68.5
Average List To Sale Percentage
94.6%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
8
Median Price
$279,450
Price Range
$99,900 - $449,900
Active Listings
210
Median Price
$265,000
Price Range
$94,500 - $1,395,000
Pending Listings
19
Median Price
$197,900
Price Range
$69,750 - $419,000
Sold Listings
0
Median Price
$
Price Range
$ - $
Average Days on Market
Average List To Sale Percentage
%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.