Greg and Michelle Steffens

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


WEEKLY MARKET UPDATE
(01/11/09 through 01/17/09)


There was a small lull in the market this past week:  Total inventory (of single family homes) in our multiple listing service dipped under 750 units, their were only 21 new listings, and another 75 units are currently in escrow.

Five homes sold, with an average list to sale percentage of 98.8% and with an average days on market of 111.3 days.


ARROWHEAD WOODS

New Listings

15

Median Price

$374,000

Price Range

$232,500 - $1,229,000

 

 

Active Listings

324

Median Price

$499,000

Price Range

$171,000 - $5,995,000

 

 

Pending Listings

18

Median Price

$385,000

Price Range

$205,000 - $899,000

 

 

Sold Listings

3

Median Price

$250,000

Price Range

$244,900 - $269,001

Avg. Days on Market

75.0

Avg. List To Sale %

89.7%

 

LAKEFRONT HOMES

New Listings

1

Median Price

$1,145,000

Price Range

$ - $

 

 

Active Listings

34

Median Price

$2,537,498

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

1

Median Price

$590,519

Price Range

$ - $

 

 

Active Listings

121

Median Price

$239,000

Price Range

$49,900 - $1,779,000

 

 

Pending Listings

15

Median Price

$149,000

Price Range

$54,900 - $359,000

 

 

Sold Listings

0

Median Price

$

Price Range

$ - $

Avg. Days on Market

 

Avg. List To Sale %

%


CRESTLINE

New Listings

3

Median Price

$198,000

Price Range

$99,900 - $239,900

 

 

Active Listings

123

Median Price

$219,900

Price Range

$49,900 - $695,000

 

 

Pending Listings

26

Median Price

$163,900

Price Range

$64,500 - $645,000

 

 

Sold Listings

1

Median Price

$63,845

Price Range

$ - $

Avg. Days on Market

7.0

Avg. List To Sale %

100.0%


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

New Listings

1

Median Price

$239,000

Price Range

$ - $

 

 

Active Listings

146

Median Price

$249,000

Price Range

$87,900 - $4,600,000

 

 

Pending Listings

16

Median Price

$144,950

Price Range

$70,000 - $399,900

 

 

Sold Listings

1

Median Price

$160,000

Price Range

$ - $

Avg. Days on Market

252.0

Avg. List To Sale %

106.7%


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