Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (08/09/09 through 08/15/09)
This was an unusually slow week for sales in our multiple listing service with only 4 properties successfully closing escrow across the mountain (from Crestline, through Lake Arrowhead and Running Springs). These 4 homes averaged 162.0 days on market and an average list-to-sale percentage of a healthy 96.7%.
Right now there are 896 single family dwellings listed for sale in our MLS with another 139 properties currently in escrow. Thirty six new listings were added to the mix over the last 7 days.
ARROWHEAD WOODS
New Listings
9
Median Price
$439,000
Price Range
$259,000 - $1,150,000
Active Listings
404
Median Price
$499,000
Price Range
$149,000 - $3,450,000
Pending Listings
42
Median Price
$342,000
Price Range
$99,800 - $2,100,000
Sold Listings
2
Median Price
$273,750
Price Range
$247,500 - $300,000
Avg. Days on Market
83.0
Avg. List To Sale %
99.3%
LAKEFRONT HOMES
New Listings
2
Median Price
$2,097,000
Price Range
$1,399,000 - $2,795,000
Active Listings
46
Median Price
$2,537,500
Price Range
$160,000 - $9,500,000
Pending Listings
3
Median Price
$999,000
Price Range
$749,000- $1,398,000
Sold Listings
1
Median Price
$1,350,000
Price Range
$ - $
Avg. Days on Market
119.0
Avg. List To Sale %
100.0%
SURROUNDING COMMUNITIES (ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK, DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)
New Listings
8
Median Price
$152,400
Price Range
$59,000 - $739,000
Active Listings
120
Median Price
$230,700
Price Range
$54,900 - $1,495,000
Pending Listings
30
Median Price
$120,950
Price Range
$54,900 - $450,000
Sold Listings
0
Median Price
$
Price Range
$ - $
Avg. Days on Market
Avg. List To Sale %
%
CRESTLINE
New Listings
10
Median Price
$242,000
Price Range
$54,900 - $459,000
Active Listings
151
Median Price
$225,000
Price Range
$50,000 - $1,195,000
Pending Listings
39
Median Price
$148,500
Price Range
$43,510 - $529,000
Sold Listings
0
Median Price
$
Price Range
$ - $
Avg. Days on Market
Avg. List To Sale %
%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
7
Median Price
$169,000
Price Range
$64,900 - $625,000
Active Listings
175
Median Price
$219,000
Price Range
$63,500 - $3,400,000
Pending Listings
25
Median Price
$130,000
Price Range
$64,300 - $377,000
Sold Listings
1
Median Price
$100,000
Price Range
$ - $
Avg. Days on Market
284.0
Avg. List To Sale %
90.9%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.