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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
(06/14/09 through 06/20/09)


The total number of homes currently for sale in our multiple listing service is up 45 single-family homes over the last week's time, bringing the inventory to exactly 908 units.  There are now 133 homes in escrow and 13 properties successfully closed escrow (more than twice the previous week's solds).  It  was a big week for lakefront homes with 4 closed escrows. List-to-sale percentages for all sales over the last week averaged a solid 96.0% and averaged 95.2 days on the market.


ARROWHEAD WOODS

New Listings

20

Median Price

$364,000

Price Range

$225,000 - $2,100,000

 

 

Active Listings

414

Median Price

$496,500

Price Range

$149,900 - $3,750,000

 

 

Pending Listings

51

Median Price

$349,900

Price Range

$140,500 - $899,000

 

 

Sold Listings

4

Median Price

$465,000

Price Range

$245,000 - $525,000

Avg. Days on Market

123.25

Avg. List To Sale %

94.3%

 

LAKEFRONT HOMES

New Listings

2

Median Price

$4,500,000

Price Range

$ - $

 

 

Active Listings

45

Median Price

$2,575,000

Price Range

$160,000 - $9,950,000

 

 

Pending Listings

3

Median Price

$1,398,000

Price Range

$1,100,000 - $1,400,000

 

 

Sold Listings

4

Median Price

$1,370,000

Price Range

$1,049,000 - $2,250,000

Avg. Days on Market

41.0

Avg. List To Sale %

81.7%


SURROUNDING COMMUNITIES 
(ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK, 
DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)

New Listings

8

Median Price

$157,500

Price Range

$92,500 - $278,800

 

 

Active Listings

129

Median Price

$200,000

Price Range

$68,900 - $429,000

 

 

Pending Listings

22

Median Price

$174,750

Price Range

$68,900 - $429,000

 

 

Sold Listings

1

Median Price

$158,000

Price Range

$ - $

Avg. Days on Market

184.0

Avg. List To Sale %

98.8%


CRESTLINE

New Listings

10

Median Price

$145,450

Price Range

$48,510 - $1,195,000

 

 

Active Listings

152

Median Price

$219,950

Price Range

$48,510 - $1,195,000

 

 

Pending Listings

36

Median Price

$151,200

Price Range

$31,900 - $645,000

 

 

Sold Listings

1

Median Price

$134,000

Price Range

$ - $

Avg. Days on Market

79

Avg. List To Sale %

95.8%


RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)

New Listings

5

Median Price

$169,000

Price Range

$97,900 - $369,000

 

 

Active Listings

168

Median Price

$229,000

Price Range

$36,000 - $4,600,000

 

 

Pending Listings

21

Median Price

$159,900

Price Range

$61,655 - $309,000

 

 

Sold Listings

3

Median Price

$89,900

Price Range

$80,000 - $255,000

Avg. Days on Market

48.7

Avg. List To Sale %

109.2%


* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.