Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (02/22/09 through 02/28/09)
Total inventory (of single family homes) in our multiple listing service took another drop this past week down to 706 homes. There are another 87 homes that are in escrow right now. The number of new listings, though, was up quite a bit to 24 units (though this is likely attributed to the recent bad weather).
Eleven homes sold, with an average list to sale percentage of 99.5% (and with a range of 92.4% to 109.6%) and with an average number of days on market of only 37.7 days.
ARROWHEAD WOODS
New Listings
11
Median Price
$495,000
Price Range
$179,900 - $1,675,000
Active Listings
309
Median Price
$499,000
Price Range
$162,500 - $5,995,000
Pending Listings
25
Median Price
$359,900
Price Range
$205,000 - $1,650,000
Sold Listings
3
Median Price
$378,500
Price Range
$250,000 - $640,000
Avg. Days on Market
21.7
Avg. List To Sale %
92.4%
LAKEFRONT HOMES
New Listings
0
Median Price
$
Price Range
$ - $
Active Listings
34
Median Price
$2,725,000
Price Range
$799,000 - $9,950,000
Pending Listings
1
Median Price
$2,150,000
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
$299,000
Price Range
$ - $
Active Listings
104
Median Price
$229,450
Price Range
$54,900 - $1,779,000
Pending Listings
17
Median Price
$132,500
Price Range
$79,900 - $579,000
Sold Listings
1
Median Price
$166,250
Price Range
$ - $
Avg. Days on Market
8
Avg. List To Sale %
100%
CRESTLINE
New Listings
7
Median Price
$125,000
Price Range
$49,900 - $359,000
Active Listings
122
Median Price
$219,000
Price Range
$49,900 - $647,000
Pending Listings
30
Median Price
$171,500
Price Range
$56,900 - $645,000
Sold Listings
3
Median Price
$110,000
Price Range
$53,000 - $220,000
Avg. Days on Market
65.7
Avg. List To Sale %
109.6%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
5
Median Price
$199,000
Price Range
$100,000 - $250,000
Active Listings
137
Median Price
$249,000
Price Range
$40,000 - $4,600,000
Pending Listings
14
Median Price
$125,200
Price Range
$70,000 - $269,000
Sold Listings
4
Median Price
$130,950
Price Range
$93,000 - $380,000
Avg. Days on Market
55.3
Avg. List To Sale %
96.1%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.