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  Greg and Michelle Steffens

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.