Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (05/10/09 through 05/16/09)
The inventory continues to build with 33 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 836. Additionally, there are 104 homes in escrow. A dozen other properties successfully closed escrow over the last 7 days with list-to-sale percentages averaging 92.2% and with an average of 226.74 (though this figure is significantly skewed because one Lakefront home in sold after having been on the market for almost 2 years.
ARROWHEAD WOODS
New Listings
14
Median Price
$472,000
Price Range
$193,050 - $3,450,000
Active Listings
375
Median Price
$519,000
Price Range
$140,500 - $5,995,000
Pending Listings
41
Median Price
$349,000
Price Range
$125,000 - $899,000
Sold Listings
3
Median Price
$315,000
Price Range
$260,000 - $725,000
Avg. Days on Market
216.7
Avg. List To Sale %
93.9%
LAKEFRONT HOMES
New Listings
0
Median Price
$
Price Range
$ - $
Active Listings
45
Median Price
$2,425,000
Price Range
$160,000 - $9,950,000
Pending Listings
1
Median Price
$1,395,000
Price Range
$ - $
Sold Listings
1
Median Price
$2,700,000
Price Range
$ - $
Avg. Days on Market
646
Avg. List To Sale %
83.1%
SURROUNDING COMMUNITIES (ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK, DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)
New Listings
7
Median Price
$157,000
Price Range
$83,900 - $299,000
Active Listings
121
Median Price
$229,000
Price Range
$75,000 - $1,677,000
Pending Listings
18
Median Price
$186,362.5
Price Range
$79,900 - $499,000
Sold Listings
1
Median Price
$131,000
Price Range
$ - $
Avg. Days on Market
12.0
Avg. List To Sale %
93.6%
CRESTLINE
New Listings
7
Median Price
$179,850
Price Range
$117,999 - $340,000
Active Listings
144
Median Price
$219,900
Price Range
$44,900 - $1,100,000
Pending Listings
23
Median Price
$139,900
Price Range
$59,000 - $645,000
Sold Listings
2
Median Price
$128,050
Price Range
$98,900 - $157,200
Avg. Days on Market
128.0
Avg. List To Sale %
100.0%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
5
Median Price
$215,325
Price Range
$120,000 - $335,000
Active Listings
151
Median Price
$235,000
Price Range
$36,000 - $4,600,000
Pending Listings
21
Median Price
$169,900
Price Range
$53,800 - $519,000
Sold Listings
5
Median Price
$120,000
Price Range
$71,000 - $310,000
Avg. Days on Market
131.0
Avg. List To Sale %
90.4%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.