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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
(07/12/09 through 07/18/09)


Everything continued to be pretty consistent in the market as compared to recent weeks.  There were 7 properties that successfully closed in the entire multiple listing service, covering Crestline, the Lake Arrowhead communities and the Running Springs areas.

Of those homes sold, the average list-to-sale percentage was 93.1% and the average number of days on market was 138.2.

There were a total of 34 new listings added to the total inventory of 929 units and there are currently another 133 homes in escrow.


ARROWHEAD WOODS

New Listings

12

Median Price

$439,000

Price Range

$170,000 - $998,000

 

 

Active Listings

415

Median Price

$499,000

Price Range

$149,900 - $3,450,000

 

 

Pending Listings

46

Median Price

$362,000

Price Range

$147,250 - $2,100,000

 

 

Sold Listings

3

Median Price

$370,000

Price Range

$225,000 - $544,000

Avg. Days on Market

340.0

Avg. List To Sale %

95.3%

 

LAKEFRONT HOMES

New Listings

2

Median Price

$2,017,500

Price Range

$1,885,000 - $2,150,000

 

 

Active Listings

48

Median Price

$2,487,000

Price Range

$160,000 - $9,500,000

 

 

Pending Listings

1

Median Price

$1,398,000

Price Range

$ - $

 

 

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

7

Median Price

$179,000

Price Range

$64,900 - $285,000

 

 

Active Listings

132

Median Price

$207,475

Price Range

$64,900 - $1,495,000

 

 

Pending Listings

24

Median Price

$138,700

Price Range

$54,900 - $449,900

 

 

Sold Listings

3

Median Price

$185,000

Price Range

$86,000 - $218,500

Avg. Days on Market

61.7

Avg. List To Sale %

92.6%


CRESTLINE

New Listings

5

Median Price

$193,000

Price Range

$124,900 - $299,000

 

 

Active Listings

158

Median Price

$208,000

Price Range

$43,510 - $1,195,000

 

 

Pending Listings

34

Median Price

$130,450

Price Range

$59,900 - $349,000

 

 

Sold Listings

1

Median Price

$29,161

Price Range

$ - $

Avg. Days on Market

13.0

Avg. List To Sale %

91.4%


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

New Listings

8

Median Price

$149,950

Price Range

$89,000 - $1,275,000

 

 

Active Listings

176

Median Price

$229,000

Price Range

$63,500 - $4,600,000

 

 

Pending Listings

28

Median Price

$124,350

Price Range

$34,000 - $369,000

 

 

Sold Listings

0

Median Price

$

Price Range

$ - $

Avg. Days on Market

 

Avg. List To Sale %

%


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