Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (11/09/08 through 11/15/08)
Inventory continues to decline, as is normal for this time of the year - sellers are pulling their homes off the market to wait for Spring....
The number of single-family homes (not including lots and condos) dipped under 900 units this past week, though 26 new homes entered the market. Right now, there are 91 homes in escrow and another 10 homes successfully closed escrow.
Of the 10 homes that sold, the average days on market was a healthy 114.75 and the list-to-sale percentage averaged 94.5%.
ARROWHEAD WOODS
New Listings
14
Median Price
$617,000
Price Range
$200,000 - $1,399,000
Active Listings
388
Median Price
$499,700
Price Range
$189,900 - $5,995,000
Pending Listings
26
Median Price
$373,800
Price Range
$199,900 - $899,000
Sold Listings
4
Median Price
$559,500
Price Range
$369,000 - $965,000
Avg. Days on Market
119.8
Avg. List To Sale %
90.6%
LAKEFRONT HOMES
New Listings
1
Median Price
$1,575,000
Price Range
$ - $
Active Listings
39
Median Price
$2,575,000
Price Range
$879,000 - $9,950,000
Pending Listings
2
Median Price
$2,172,500
Price Range
$1,145,000 - $3,200,000
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
8
Median Price
$167,250
Price Range
$55,900 - $419,000
Active Listings
143
Median Price
$234,000
Price Range
$49,900 - $1,779,000
Pending Listings
19
Median Price
$169,000
Price Range
$54,900 - $449,000
Sold Listings
1
Median Price
$160,000
Price Range
$ - $
Avg. Days on Market
135
Avg. List To Sale %
100.3%
CRESTLINE
New Listings
2
Median Price
$224,700
Price Range
$94,500 - $354,900
Active Listings
143
Median Price
$235,000
Price Range
$64,500 - $695,000
Pending Listings
26
Median Price
$175,200
Price Range
$9,900 - $459,000
Sold Listings
0
Median Price
$
Price Range
$ - $
Avg. Days on Market
Avg. List To Sale %
%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
1
Median Price
$220,000
Price Range
$ - $
Active Listings
186
Median Price
$249,000
Price Range
$95,000 - $4,600,000
Pending Listings
18
Median Price
$170,450
Price Range
$55,000 - $2,100,000
Sold Listings
5
Median Price
$185,000
Price Range
$95,000 - $289,000
Avg. Days on Market
89.5
Avg. List To Sale %
92.5%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.