Greg and Michelle Steffens

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.