Greg and Michelle Steffens

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.