Greg and Michelle Steffens


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.