Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (05/03/09 through 05/09/09)
The inventory continues to build with 38 new listings added into the mix this past week. This brings the total number of homes currently for sale in our multiple listing service to 829. Additionally, there are exactly 100 homes in escrow. Nine other properties successfully closed escrow over the last 7 days with list-to-sale percentages averaging 95.3% and with an average of 240.875 (though this figure is significantly skewed because one home in Green Valley Lake sold after having been on the market since June 2006).
ARROWHEAD WOODS
New Listings
18
Median Price
$524,000
Price Range
$299,000 - $975,000
Active Listings
377
Median Price
$499,000
Price Range
$140,500 - $5,995,000
Pending Listings
35
Median Price
$349,000
Price Range
$125,000 - $899,000
Sold Listings
4
Median Price
$285,000
Price Range
$211,000 - $505,000
Avg. Days on Market
184.0
Avg. List To Sale %
95.1%
LAKEFRONT HOMES
New Listings
1
Median Price
$2,495,000
Price Range
$ - $
Active Listings
45
Median Price
$2,425,000
Price Range
$160,000 - $9,950,000
Pending Listings
2
Median Price
$2,322,500
Price Range
$1,395,000 - $3,250,000
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
6
Median Price
$196,150
Price Range
$143,900 - $499,000
Active Listings
121
Median Price
$220,000
Price Range
$75,000 - $1,677,000
Pending Listings
16
Median Price
$196,363
Price Range
$99,900 - $499,000
Sold Listings
1
Median Price
$135,000
Price Range
$ - $
Avg. Days on Market
5.0
Avg. List To Sale %
95.1%
CRESTLINE
New Listings
4
Median Price
$105,000
Price Range
$80,000 - $299,500
Active Listings
139
Median Price
$224,90
Price Range
$44,900 - $1,100,000
Pending Listings
23
Median Price
$149,900
Price Range
$83,900 - $645,000
Sold Listings
2
Median Price
$97,500
Price Range
$70,000 - $125,000
Avg. Days on Market
126.0
Avg. List To Sale %
87.5%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
9
Median Price
$177,000
Price Range
$53,500 - $320,000
Active Listings
147
Median Price
$239,000
Price Range
$36,000 - $4,600,000
Pending Listings
24
Median Price
$142,375
Price Range
$74,900 - $519,000
Sold Listings
2
Median Price
$256,000
Price Range
$182,000 - $330,000
Avg. Days on Market
648.5
Avg. List To Sale %
93.4%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.