Greg and Michelle Steffens


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


MARCH 2008 vs. MARCH 2009



ARROWHEAD WOODS

   

MARCH

2008

2009

New Listings
Median List Price
List Price Range

62
$497K
$267.55K - $1.795M

73
$499K
$119.9K - $3.1M

Listings Sold
Median Sale Price
Sale Price Range

16
$5625K
$190K - $1.225M

14
$322.375K
$234.5K - $1.65

Avg. Days On Market
Avg. List To Sale %

202.7
91.7

148.2
95.2

Price Reductions

10/16 (62.5%)

2/9 (22.2%)

Bank -Owned Sales   4/14 (28.6%)
Short Sales   2/14 (14.3%)


LAKEFRONTS

   

MARCH

 2008

2009

New Listings
Median List Price
List Price Range

5
$1.795M
$699K - $7.95M

5
$2.425M
$1.395M - $2.999M

Listings Sold
Median Sale Price
Sale Price Range

2
$2.3125M
$2.025M - $2.6M

1
$1.9M
$ - $

Avg. Days On Market
Avg. List To Sale %

241.588.9

31
88.4

Price Reductions

0/2 (0%)

0/1 (0%)

Bank -Owned Sales   

0/1 (0%)

Short Sales   

0/1 (0%)


SURROUNDING
COMMUNITIES*

   

MARCH

 2008

2009

New Listings
Median List Price
List Price Range

38
$244.5K
$99.9K - $689K

30
$202K
$104.5K - $795K

Listings Sold
Median Sale Price
Sale Price Range

7
$214.9K
$120K - $375K

12
$132.75K
$65K - $529K

Avg. Days On Market
Avg. List To Sale %

137.3
95.5

142.9
94.5

Price Reductions

4/7 (57.1%)

10/12 (83.3%)

Bank -Owned Sales   8/12 (66.7%)
Short Sales   1/12 (8.3%)


CRESTLINE

   

MARCH

 2008

2009

New Listings
Median List Price
List Price Range

28
$109.95K
$75.719K - $400K

27
$180K
$44.9K - $449K

Listings Sold
Median Sale Price
Sale Price Range

8
$164K
$91.5K - $250K

12
$160.5K
$52K - $595K

Avg. Days On Market
Avg. List To Sale %

150.9
94.0

116.5
89.1

Price Reductions

5/8 (62.5%)

6/12 (50%)

Bank-Owned Sales    4/12 (33.3%) 
Short Sales    1/12 (8.3%)


RUNNING SPRINGS**

   

MARCH

 2008

2009

New Listings
Median List Price
List Price Range

36
$197K
$84.9K - $4.6M

19
$219.9K
$85.5K - $490K

Listings Sold
Median Sale Price
Sale Price Range

5
$240K
$110K - $265K

11
$122K
$70K - $330K

Avg. Days On Market
Avg. List To Sale %

232.6
86.9

169.2
94.2

Price Reductions

1/5 (20%)

7/11 (63.6%)

Bank-Owned Sales     8/11 (72.7%)
Short Sales    0/11 (0%)


 * = "Surrounding Communities" includes:  Arrowhead Villas, Cedar Glen, Deer Lodge Park, Twin Peaks, Rim Forest, Crest Park, Crest Estates,  and Skyforest


 ** = "Running Springs" includes:  Running Springs, Arrowbear and Green Valley Lake


* Figures based on statistics provided by the Rim O' the World Association of Realtors and is deemed reliable, but not guaranteed.