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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
(06/28/09 through 07/04/09)


Everything stayed pretty consistent this past week as compared to recent weeks.  There were 17 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 9 and the average number of days on market was only 69.1.

There were a total of 49 new listings added to the total inventory of 913 units and there are currently another 119 homes in escrow.


ARROWHEAD WOODS

New Listings

22

Median Price

$446,500

Price Range

$158,000 - $959,900

 

 

Active Listings

423

Median Price

$495,000

Price Range

$149,900 - $3,750,000

 

 

Pending Listings

46

Median Price

$381,500

Price Range

$145,000 - $899,000

 

 

Sold Listings

7

Median Price

$395,000

Price Range

$113,935 - $690,000

Avg. Days on Market

115.4

Avg. List To Sale %

92.7%

 

LAKEFRONT HOMES

New Listings

2

Median Price

$3,269,500

Price Range

$2,339,000 - $4,200,000

 

 

Active Listings

46

Median Price

$2,637,500

Price Range

$160,000 - $9,950,000

 

 

Pending Listings

1

Median Price

$1,398,000

Price Range

$ - $

 

 

Sold Listings

2

Median Price

$1,172,500

Price Range

$995,000 - $1,350,000

Avg. Days on Market

75.5

Avg. List To Sale %

93.8%


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

New Listings

5

Median Price

$249,000

Price Range

$125,000 - $479,000

 

 

Active Listings

128

Median Price

$210,000

Price Range

$54,900 - $1,495,000

 

 

Pending Listings

19

Median Price

$180,000

Price Range

$68,900 - $429,000

 

 

Sold Listings

2

Median Price

$124,500

Price Range

$99,000 - $150,000

Avg. Days on Market

11.0

Avg. List To Sale %

92.9%


CRESTLINE

New Listings

9

Median Price

$150,000

Price Range

$90,000 - $409,000

 

 

Active Listings

148

Median Price

$222,450

Price Range

$48,510 - $1,195,000

 

 

Pending Listings

33

Median Price

$153,700

Price Range

$31,900 - $645,000

 

 

Sold Listings

2

Median Price

$94,950

Price Range

$79,000 - $110,900

Avg. Days on Market

38.5

Avg. List To Sale %

99.5%


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

New Listings

11

Median Price

$199,000

Price Range

$57,500 - $275,000

 

 

Active Listings

168

Median Price

$230,350

Price Range

$36,000 - $4,600,000

 

 

Pending Listings

20

Median Price

$128,850

Price Range

$61,655 - $290,000

 

 

Sold Listings

4

Median Price

$125,50

Price Range

$63,500 - $210,000

Avg. Days on Market

105.3

Avg. List To Sale %

97.0%


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