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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
(07/19/09 through 07/25/09)


Everything continued to be pretty consistent in the market as compared to recent weeks.  There were 15 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 95.7% and the average number of days on market was 149.

There were a total of 28 new listings added to the total inventory of 921 units and there are currently another 133 homes in escrow.


ARROWHEAD WOODS

New Listings

11

Median Price

$525,000

Price Range

$316,800 - $1,350,000

 

 

Active Listings

418

Median Price

$499,000

Price Range

$149,900 - $3,450,000

 

 

Pending Listings

42

Median Price

$349,000

Price Range

$147,250 - $2,100,000

 

 

Sold Listings

7

Median Price

$485,000

Price Range

$289,000 - $725,000

Avg. Days on Market

185.7

Avg. List To Sale %

94.2%

 

LAKEFRONT HOMES

New Listings

0

Median Price

$

Price Range

$ - $

 

 

Active Listings

46

Median Price

$2,449,500

Price Range

$160,000 - $9,500,000

 

 

Pending Listings

2

Median Price

$1,198,500

Price Range

$999,000- $1,398,000

 

 

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

4

Median Price

$157,000

Price Range

$99,000 - $219,900

 

 

Active Listings

127

Median Price

$219,900

Price Range

$69,000 - $1,495,000

 

 

Pending Listings

25

Median Price

$125,000

Price Range

$54,900 - $429,000

 

 

Sold Listings

2

Median Price

$340,000

Price Range

$230,000 - $450,000

Avg. Days on Market

44.5

Avg. List To Sale %

94.6%


CRESTLINE

New Listings

8

Median Price

$189,950

Price Range

$84,900 - $869,000

 

 

Active Listings

159

Median Price

$209,000

Price Range

$64,900 - $1,195,000

 

 

Pending Listings

36

Median Price

$124,950

Price Range

$43,510 - $349,000

 

 

Sold Listings

3

Median Price

$92,500

Price Range

$60,000 - $176,000

Avg. Days on Market

185.3

Avg. List To Sale %

93.9%


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

New Listings

5

Median Price

$99,900

Price Range

$63,500 - $265,000

 

 

Active Listings

171

Median Price

$225,000

Price Range

$63,500 - $4,600,000

 

 

Pending Listings

28

Median Price

$119,500

Price Range

$34,000 - $369,000

 

 

Sold Listings

3

Median Price

$146,200

Price Range

$90,000 - $230,000

Avg. Days on Market

180.3

Avg. List To Sale %

100.1%


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