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.