Greg and Michelle Steffens

Greg and Michelle Steffens
909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com


WEEKLY MARKET UPDATE
(07/13/08 through 07/19/08)


New listings pretty much across the board were up this week - a trend that will probably continue now until Labor Day weekend.  There are now, from Crestline, through Arrowhead and including the Running Springs communities, a total of 1048 single family homes for sale.

Days on market continue to stay right around 100 days on average (excluding the week's only lakefront that was on the market for 744 days).

Homes in escrow are close to the same as last week with 106 properties pending.

Arrowhead Woods is getting close to crossing over the 450 active listings mark - one home away....


ARROWHEAD WOODS

New Listings

18

Median Price

$517,000

Price Range

$305,000 - $885,000

 

 

Active Listings

449

Median Price

$549,000

Price Range

$210,000 - $5,995,000

 

 

Pending Listings

28

Median Price

$399,000

Price Range

$225,000 - $899,000

 

 

Sold Listings

5

Median Price

$331,500

Price Range

$252,000 - $680,000

Avg. Days on Market

79.0

Avg. List To Sale %

94.8%


LAKEFRONT HOMES

New Listings

0

Median Price

$

Price Range

$ - $

 

 

Active Listings

35

Median Price

$2,950,000

Price Range

$899,000 - $10,500,000

 

 

Pending Listings

3

Median Price

$1,825,000

Price Range

$824,900 - $2,222,222

 

 

Sold Listings

1

Median Price

$900,000

Price Range

$ - $

Avg. Days on Market

744

Avg. List To Sale %

90.4%



SURROUNDING COMMUNITIES 
(ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK, 
DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)

New Listings

11

Median Price

$209,000

Price Range

$69,900 - $379,000

 

 

Active Listings

183

Median Price

$249,000

Price Range

$69,900 - $1,997,000

 

 

Pending Listings

16

Median Price

$179,950

Price Range

$100,000 - $374,500

 

 

Sold Listings

2

Median Price

$405,000

Price Range

$190,000 - $620,000

Avg. Days on Market

235

Avg. List To Sale %

103.2%


CRESTLINE

New Listings

13

Median Price

$225,000

Price Range

$125,900 - $439,900

 

 

Active Listings

176

Median Price

$249,995

Price Range

$84,900 - $1,800,000

 

 

Pending Listings

27

Median Price

$159,900

Price Range

$34,900 - $444,900

 

 

Sold Listings

3

Median Price

$350,000

Price Range

$191,000 - $399,900

Avg. Days on Market

35.3

Avg. List To Sale %

94.5%


RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)

New Listings

9

Median Price

$225,000

Price Range

$138,900 - $797,000

 

 

Active Listings

215

Median Price

$259,900

Price Range

$54,900 - $4,600,000

 

 

Pending Listings

32

Median Price

$149,985

Price Range

$81,370 - $449,900

 

 

Sold Listings

4

Median Price

$136,250

Price Range

$117,000 - $285,000

Avg. Days on Market

63.3

Avg. List To Sale %

93.9%


* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.