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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
(06/21/09 through 06/27/09)


Everything stayed pretty consistent this past week as compared to recent weeks.  The big news of the week was Arrowhead Woods with 13 closed escrows (compared to 4 last week).  There were 23 properties that successfully closed in the entire multiple listing service, covering Crestline, the Lake Arrowhead communities and the Running Springs areas.

Of those 23 homes, the average list-to-sale percentage was 96.25% and the average number of days on market was 199.1.

There were a total of 39 new listings added to the total inventory of 903 units and there are currently another 128 homes in escrow.


ARROWHEAD WOODS

New Listings

16

Median Price

$452,750

Price Range

$149,900 - $685,000

 

 

Active Listings

410

Median Price

$495,000

Price Range

$149,900 - $3,750,000

 

 

Pending Listings

50

Median Price

$399,000

Price Range

$140,500 - $899,000

 

 

Sold Listings

13

Median Price

$287,800

Price Range

$167,575 - $1,170,000

Avg. Days on Market

195.2

Avg. List To Sale %

94.9%

 

LAKEFRONT HOMES

New Listings

1

Median Price

$3,549,000

Price Range

$ - $

 

 

Active Listings

44

Median Price

$2,637,500

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

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

8

Median Price

$299,000

Price Range

$99,900 - $897,000

 

 

Active Listings

129

Median Price

$200,000

Price Range

$54,900 - $1,595,000

 

 

Pending Listings

21

Median Price

$180,000

Price Range

$68,900 - $429,000

 

 

Sold Listings

2

Median Price

$181,500

Price Range

$115,000 - $248,000

Avg. Days on Market

235.5

Avg. List To Sale %

98.9%


CRESTLINE

New Listings

7

Median Price

$188,500

Price Range

$99,900 - $399,900

 

 

Active Listings

154

Median Price

$213,950

Price Range

$48,510 - $1,195,000

 

 

Pending Listings

32

Median Price

$142,400

Price Range

$31,900 - $645,000

 

 

Sold Listings

4

Median Price

$180,000

Price Range

$139,000 - $317,000

Avg. Days on Market

130.75

Avg. List To Sale %

93.4%


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

New Listings

7

Median Price

$94,000

Price Range

$69,300 - $289,900

 

 

Active Listings

166

Median Price

$234,600

Price Range

$36,000 - $4,600,000

 

 

Pending Listings

22

Median Price

$127,500

Price Range

$61,655 - $309,000

 

 

Sold Listings

4

Median Price

$196,250

Price Range

$119,900 - $230,000

Avg. Days on Market

235.0

Avg. List To Sale %

97.8%


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