Greg and Michelle Steffens

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


WEEKLY MARKET UPDATE
(11/23/08 through 11/29/08)


Total inventory of single family homes in our multiple listing service dropped back down to 889 units.  There are currently 80 properties in escrow and, over the last 7 days, 11 homes successfully closed escrow.  These homes averaged 84.9 days on market and sold for an average of 91.8% of their list prices.  Twenty-five new homes were added to the inventory in the past week's time.


ARROWHEAD WOODS

New Listings

7

Median Price

$487,500

Price Range

$275,900 - $1,797,000

 

 

Active Listings

379

Median Price

$512,500

Price Range

$207,900 - $5,995,000

 

 

Pending Listings

24

Median Price

$375,000

Price Range

$199,900 - $899,000

 

 

Sold Listings

3

Median Price

$405,000

Price Range

$250,000 - $475,000

Avg. Days on Market

114.3

Avg. List To Sale %

95.2%

 

LAKEFRONT HOMES

New Listings

0

Median Price

$

Price Range

$ - $

 

 

Active Listings

37

Median Price

$2,575,000

Price Range

$799,000 - $9,950,000

 

 

Pending Listings

2

Median Price

$1,572,000

Price Range

$1,145,000 - $1,999,000

 

 

Sold Listings

1

Median Price

$2,800,000

Price Range

$ - $

Avg. Days on Market

50

Avg. List To Sale %

87.5%


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

New Listings

9

Median Price

$149,900

Price Range

$94,900 - $349,500

 

 

Active Listings

143

Median Price

$229,900

Price Range

$49,900 - $1,779,000

 

 

Pending Listings

18

Median Price

$157,400

Price Range

$54,900 - $550,000

 

 

Sold Listings

2

Median Price

$211,500

Price Range

$160,000 - $263,000

Avg. Days on Market

72.5

Avg. List To Sale %

95.3%


CRESTLINE

New Listings

5

Median Price

$192,500

Price Range

$49,900 - $442,500

 

 

Active Listings

143

Median Price

$229,900

Price Range

$64,500 - $695,000

 

 

Pending Listings

25

Median Price

$167,200

Price Range

$49,900 - $449,000

 

 

Sold Listings

2

Median Price

$157,450

Price Range

$99,900 - $215,000

Avg. Days on Market

63.5

Avg. List To Sale %

83.6%


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

New Listings

4

Median Price

$167,450

Price Range

$114,900 - $279,000

 

 

Active Listings

187

Median Price

$247,000

Price Range

$95,000 - $4,600,000

 

 

Pending Listings

11

Median Price

$171,000

Price Range

$55,000 - $2,100,000

 

 

Sold Listings

3

Median Price

$165,0000

Price Range

$89,000 - $169,500

Avg. Days on Market

124.0

Avg. List To Sale %

97.6%


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