Greg and Michelle Steffens

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


WEEKLY MARKET UPDATE
(10/19/08 through 10/25/08)


Numbers across the board remained fairly consistent to the week prior with 967 total single-family homes available for sale in our multiple listing service.  There are currently 83 homes in escrow - the exact number as last week.

Fifteen sales posted in the last 7 days, 9 of those in Arrowhead Woods.  These homes averaged less than 90 days on market and sold for an average of93.2% of their list prices.

Looking at the stats compared to this time last year, there were approximately 1468 active listings, 95 pending sales, only one sale and just 3 new listings....interesting...


ARROWHEAD WOODS

New Listings

8

Median Price

$442,000

Price Range

$329,900 - $899,999

 

 

Active Listings

414

Median Price

$525,000

Price Range

$189,900 - $5,995,000

 

 

Pending Listings

23

Median Price

$412,900

Price Range

$215,000 - $1,099,000

 

 

Sold Listings

9

Median Price

$275,000

Price Range

$219,000 - $1,350,000

Avg. Days on Market

109.2

Avg. List To Sale %

93.1%

 

LAKEFRONT HOMES

New Listings

0

Median Price

$

Price Range

$ - $

 

 

Active Listings

41

Median Price

$2,575,000

Price Range

$879,000 - $9,950,000

 

 

Pending Listings

0

Median Price

$

Price Range

$ - $

 

 

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

2

Median Price

$176,375

Price Range

$159,000 - $192,850

 

 

Active Listings

150

Median Price

$240,000

Price Range

$94,900 - $1,779,000

 

 

Pending Listings

16

Median Price

$171,450

Price Range

$54,900 - $309,000

 

 

Sold Listings

3

Median Price

$180,000

Price Range

$102,000 - $275,000

Avg. Days on Market

66.3

Avg. List To Sale %

93.1%


CRESTLINE

New Listings

6

Median Price

$242,450

Price Range

$149,500 - $690,000

 

 

Active Listings

160

Median Price

$235,000

Price Range

$59,900 - $695,000

 

 

Pending Listings

26

Median Price

$278,150

Price Range

$64,500 - $459,000

 

 

Sold Listings

3

Median Price

$267,000

Price Range

$120,000 - $350,000

Avg. Days on Market

94

Avg. List To Sale %

93.3%


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

New Listings

6

Median Price

$239,500

Price Range

$114,900 - $269,900

 

 

Active Listings

202

Median Price

$249,000

Price Range

$39,900 - $4,600,000

 

 

Pending Listings

18

Median Price

$185,000

Price Range

$93,900 - $2,100,000

 

 

Sold Listings

0

Median Price

$

Price Range

$ - $

Avg. Days on Market

 

Avg. List To Sale %

%


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