Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (12/28/08 through 01/03/09)
Numbers are lagging due to the holidays and the Winter weather that we've been experiencing - only 11 new listings in the entire multiple listing service for this period. This puts the total inventory of single family dwellings on the market at 770 units. There are currently 77 homes in escrow and another 6 that sold in this 7-day window. Of the homes that sold, the average list-to-sale percentage was (a low) 84.7% and the average number of days on market was 144.3.
ARROWHEAD WOODS
New Listings
5
Median Price
$417,900
Price Range
$205,000 - $2,575,000
Active Listings
321
Median Price
$499,900
Price Range
$180,000 - $5,995,000
Pending Listings
28
Median Price
$347,450
Price Range
$199,900 - $899,000
Sold Listings
3
Median Price
$499,000
Price Range
$395,000 - $700,000
Avg. Days on Market
73.3
Avg. List To Sale %
96.1%
LAKEFRONT HOMES
New Listings
1
Median Price
$2,950,000
Price Range
$ - $
Active Listings
32
Median Price
$2,925,000
Price Range
$799,000 - $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
$298,950
Price Range
$199,900 - $398,000
Active Listings
125
Median Price
$229,000
Price Range
$49,900 - $1,779,000
Pending Listings
18
Median Price
$159,900
Price Range
$54,900 - $550,000
Sold Listings
0
Median Price
$
Price Range
$ - $
Avg. Days on Market
Avg. List To Sale %
%
CRESTLINE
New Listings
2
Median Price
$164,500
Price Range
$149,000 - $180,000
Active Listings
135
Median Price
$225,000
Price Range
$64,500 - $695,000
Pending Listings
21
Median Price
$197,900
Price Range
$63,845 - $645,000
Sold Listings
1
Median Price
$170,000
Price Range
$ - $
Avg. Days on Market
302
Avg. List To Sale %
77.6%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
1
Median Price
$96,900
Price Range
$ - $
Active Listings
157
Median Price
$249,000
Price Range
$70,000 - $4,600,000
Pending Listings
10
Median Price
$126,250
Price Range
$94,900 - $329,000
Sold Listings
2
Median Price
$117,475
Price Range
$95,000 - $139,950
Avg. Days on Market
57.5
Avg. List To Sale %
80.5%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.