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.