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WEEKLY MARKET UPDATE
(06/15/08 through 06/21/08)
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Interesting week in mountain real estate. Lakefronts posted a big batch of new listings with 4 new properties added to their ranks, bringing the total number of lakefront homes currently on the market to 37. Additionally, there are 4 lakefront properties in escrow. As predicted, the lakefront market is gaining momentum.... |
ARROWHEAD WOODS
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New Listings |
15 |
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Median Price |
$489,900 |
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Price Range |
$269,000 - $1,650,000 |
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Active Listings |
412 |
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Median Price |
$526,500 |
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Price Range |
$221,900 - $5,995,000 |
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Pending Listings |
34 |
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Median Price |
$389,500 |
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Price Range |
$199,900 - $1,789,000 |
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Sold Listings |
6 |
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Median Price |
$727,500 |
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Price Range |
$299,900 - $852,500 |
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Average Days on Market |
77.8 |
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Average List To Sale Percentage |
94.2% |
LAKEFRONT HOMES
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New Listings |
4 |
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Median Price |
$3,125,000 |
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Price Range |
$1,350,000 - $3,995,000 |
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Active Listings |
37 |
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Median Price |
$2,950,000 |
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Price Range |
$1,099,000 - $10,500,000 |
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Pending Listings |
4 |
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Median Price |
$1,111,609 |
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Price Range |
$800,000 - $5,950,000 |
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|
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Sold Listings |
1 |
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Median Price |
$1,150,000 |
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Price Range |
$ - $ |
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Average Days on Market |
317 |
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Average List To Sale Percentage |
90.9% |
SURROUNDING COMMUNITIES
(ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK,
DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)
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New Listings |
6 |
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Median Price |
$181,200 |
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Price Range |
$100,000 - $359,000 |
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Active Listings |
181 |
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Median Price |
$249,000 |
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Price Range |
$99,900 - $1,997,000 |
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Pending Listings |
19 |
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Median Price |
$229,000 |
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Price Range |
$118,900 - $595,000 |
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Sold Listings |
3 |
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Median Price |
$275,000 |
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Price Range |
$162,000 - $282,500 |
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Average Days on Market |
124.7 |
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Average List To Sale Percentage |
92.4% |
CRESTLINE
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New Listings |
11 |
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Median Price |
$199,000 |
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Price Range |
$109,900 - $319,500 |
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Active Listings |
201 |
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Median Price |
$265,000 |
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Price Range |
$79,900 - $1,800,000 |
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Pending Listings |
23 |
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Median Price |
$177,000 |
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Price Range |
$83,750 - $444,900 |
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Sold Listings |
7 |
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Median Price |
$210,000 |
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Price Range |
$39,900 - $340,000 |
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Average Days on Market |
99.9 |
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Average List To Sale Percentage |
96.0% |
RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
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New Listings |
12 |
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Median Price |
$274,500 |
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Price Range |
$81,370 - $699,900 |
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Active Listings |
224 |
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Median Price |
$262,500 |
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Price Range |
$64,500 - $4,600,000 |
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Pending Listings |
24 |
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Median Price |
$174,700 |
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Price Range |
$81,370 - $449,900 |
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Sold Listings |
5 |
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Median Price |
$287,500 |
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Price Range |
$70,000 - $480,000 |
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Average Days on Market |
161.6 |
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Average List To Sale Percentage |
94.8% |
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* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED. |