Greg and Michelle Steffens

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


WEEKLY MARKET UPDATE
(08/24/08 through 08/30/08)


Thirty four new listings, from Crestline to Green Valley Lake,  made their way onto the market this past week - just in time for the Labor Day holiday.  This brings the total inventory of single family homes in the multiple listing service to 1048.

There are currently 103 homes in escrow and 9 properties sold in the week's time.  Those 9 homes had sales prices that averaged 97.75% of their list prices and were on the market for an average of 143.5 days.


ARROWHEAD WOODS

New Listings

14

Median Price

$397,000

Price Range

$269,000 - $1,675,000

 

 

Active Listings

445

Median Price

$547,000

Price Range

$199,000 - $5,995,000

 

 

Pending Listings

35

Median Price

$425,000

Price Range

$229,900 - $1,637,000

 

 

Sold Listings

4

Median Price

$362,500

Price Range

$250,000 - $420,000

Avg. Days on Market

89.75

Avg. List To Sale %

94.4%

 

LAKEFRONT HOMES

New Listings

2

Median Price

$1,925,000

Price Range

$1,850,000 - $2,000,000

 

 

Active Listings

41

Median Price

$2,850,000

Price Range

$899,000 - $9,950,000

 

 

Pending Listings

2

Median Price

$2,162,000

Price Range

$1,825,000 - $2,499,000

 

 

Sold Listings

0

Median Price

$

Price Range

$ - $

Avg. Days on Market

 

Avg. List To Sale %

%


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

New Listings

3

Median Price

$475,000

Price Range

$350,000 - $499,000

 

 

Active Listings

179

Median Price

$249,000

Price Range

$85,000 - $1,779,000

 

 

Pending Listings

17

Median Price

$175,900

Price Range

$100,000 - $279,000

 

 

Sold Listings

1

Median Price

$220,000

Price Range

$ - $

Avg. Days on Market

358.0

Avg. List To Sale %

97.8%


CRESTLINE

New Listings

6

Median Price

$192,450

Price Range

$119,900 - $300,000

 

 

Active Listings

176

Median Price

$249,000

Price Range

$74,500 - $799,000

 

 

Pending Listings

24

Median Price

$184,450

Price Range

$49,900 - $444,900

 

 

Sold Listings

3

Median Price

$203,000

Price Range

$155,000 - $280,000

Avg. Days on Market

119.3

Avg. List To Sale %

98.3%


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

New Listings

9

Median Price

$219,900

Price Range

$149,900 - $340,000

 

 

Active Listings

207

Median Price

$184,900

Price Range

$64,500 - $4,600,000

 

 

Pending Listings

25

Median Price

$161,500

Price Range

$49,900 - $699,900

 

 

Sold Listings

1

Median Price

$189,900

Price Range

$ - $

Avg. Days on Market

7.0

Avg. List To Sale %

100.5%


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