Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (09/07/08 through 09/13/08)
If you've been following this weekly...the A-frame for $169,900 in Arrowhead Woods went into escrow this past week...not surprised!
There were 28 new listings over the last seven days across our multiple listing service areas, bringing the total inventory of single family dwellings for sale to 1037. There are 106 homes currently in escrow and a whopping 14 houses sold (with an average days on market of only 57.6 days and with an average list to sale percentage of 95.8%).
Days on market continue to drop. Good deals are being snapped-up. I think we'll see this trend continue...stay tuned.
ARROWHEAD WOODS
New Listings
7
Median Price
$639,000
Price Range
$219,900 - $1,295,000
Active Listings
433
Median Price
$547,500
Price Range
$199,000 - $5,995,000
Pending Listings
42
Median Price
$385,950
Price Range
$95,000 - $1,637,000
Sold Listings
5
Median Price
$295,100
Price Range
$215,000 - $1,200,000
Avg. Days on Market
106.8
Avg. List To Sale %
95.9%
LAKEFRONT HOMES
New Listings
0
Median Price
$
Price Range
$ - $
Active Listings
40
Median Price
$2,724,500
Price Range
$899,000 - $9,950,000
Pending Listings
2
Median Price
$3,224,500
Price Range
$2,499,000 - $3,950,000
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
7
Median Price
$200,000
Price Range
$74,900 - $339,000
Active Listings
174
Median Price
$249,000
Price Range
$74,900 - $1,779,000
Pending Listings
18
Median Price
$177,000
Price Range
$129,000 - $279,000
Sold Listings
Median Price
$
Price Range
$ - $
Avg. Days on Market
Avg. List To Sale %
%
CRESTLINE
New Listings
8
Median Price
$282,000
Price Range
$44,900 - $399,900
Active Listings
179
Median Price
$249,000
Price Range
$44,900 - $799,000
Pending Listings
23
Median Price
$189,000
Price Range
$49,900 - $399,000
Sold Listings
5
Median Price
$164,000
Price Range
$115,000 - $400,000
Avg. Days on Market
61.2
Avg. List To Sale %
93.0%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
6
Median Price
$259,450
Price Range
$205,000 - $665,000
Active Listings
211
Median Price
$254,900
Price Range
$55,000 - $4,600,000
Pending Listings
21
Median Price
$155,000
Price Range
$49,900 - $515,000
Sold Listings
2
Median Price
$302,500
Price Range
$115,000 - $490,000
Avg. Days on Market
57.5
Avg. List To Sale %
97.8%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.