Greg and Michelle Steffens 909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com
WEEKLY MARKET UPDATE (08/30/09 through 09/05/09)
Twenty properties successfully closing escrow across the mountain (from Crestline, through Lake Arrowhead and Running Springs). These 20 homes averaged 73.4 days on market and an average list-to-sale percentage of a high 98.9%.
Right now there are 857 single family dwellings listed for sale (steadily going down as we wind-down the summer sale season) in our MLS with another 149 properties currently in escrow. Seventeen new listings (compared to 37 last week because of the holiday weekend) were added to the mix over the last 7 days.
ARROWHEAD WOODS
New Listings
16
Median Price
$470,000
Price Range
$174,9 - $940,000
Active Listings
393
Median Price
$499,000
Price Range
$150,000 - $3,450,000
Pending Listings
51
Median Price
$316,800
Price Range
$99,800 - $895,000
Sold Listings
7
Median Price
$295,000
Price Range
$228,400 - $575,000
Avg. Days on Market
121.7
Avg. List To Sale %
95.5%
LAKEFRONT HOMES
New Listings
1
Median Price
$1,295,000
Price Range
$ - $
Active Listings
46
Median Price
$2,537,500
Price Range
$150,000 - $9,500,000
Pending Listings
5
Median Price
$1,398,000
Price Range
$749,000- $4,250,000
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
6
Median Price
$154,000
Price Range
$60,000 - $259,000
Active Listings
113
Median Price
$232,400
Price Range
$5900 - $1,495,000
Pending Listings
25
Median Price
$155,000
Price Range
$54,900 - $450,000
Sold Listings
6
Median Price
$97,500
Price Range
$65,000 - $185,000
Avg. Days on Market
84.7
Avg. List To Sale %
92.8%
CRESTLINE
New Listings
12
Median Price
$189,450
Price Range
$39,000 - $385,000
Active Listings
146
Median Price
$230,000
Price Range
$39,000 - $1,195,000
Pending Listings
36
Median Price
$134,900
Price Range
$43,510 - $529,000
Sold Listings
4
Median Price
$160,000
Price Range
$70,900 - $280,000
Avg. Days on Market
71.3
Avg. List To Sale %
93.5%
RUNNING SPRINGS AREAS (RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
New Listings
5
Median Price
$162,500
Price Range
$70,000 - 990,000
Active Listings
159
Median Price
$220,000
Price Range
$63,500 - $3,400,000
Pending Listings
32
Median Price
$136,450
Price Range
$64,900 - $377,000
Sold Listings
3
Median Price
$98,000
Price Range
$63,340 - $170,000
Avg. Days on Market
16.0
Avg. List To Sale %
113.9%
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.