Greg and Michelle Steffens

Greg and Michelle Steffens
909.336.7971 direct | 909.534.8183 cell | info@gregsteffens.com


WEEKLY MARKET UPDATE
(09/06/09 through 09/12/09)


Nearly a dozen properties successfully closing escrow across the mountain (from Crestline, through Lake Arrowhead and Running Springs).  These 11 homes averaged 92.8 days on market and an average list-to-sale percentage of 94.3%.

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 148 properties currently in escrow.  Twenty eight new listings were added to the mix over the last 7 days.


ARROWHEAD WOODS

New Listings

11

Median Price

$549,000

Price Range

$249,000 - $2,100,000

 

 

Active Listings

389

Median Price

$499,000

Price Range

$150,000 - $3,450,000

 

 

Pending Listings

49

Median Price

$289,000

Price Range

$99,800 - $895,000

 

 

Sold Listings

5

Median Price

$325,000

Price Range

$276,418 - $735,000

Avg. Days on Market

39.8

Avg. List To Sale %

97.7%

 

LAKEFRONT HOMES

New Listings

2

Median Price

$8,321,250

Price Range

$2,442,500 - $14,200,000

 

 

Active Listings

47

Median Price

$2,500,000

Price Range

$150,000 - $14,200,000

 

 

Pending Listings

4

Median Price

$1,424,000

Price Range

$749,000- $2,800,000

 

 

Sold Listings

2

Median Price

$2,587,500

Price Range

$925,000 - $4,250,000

Avg. Days on Market

29.0

Avg. List To Sale %

98.6%


SURROUNDING COMMUNITIES 
(ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK, 
DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)

New Listings

3

Median Price

$325,000

Price Range

$189,000 - $664,900

 

 

Active Listings

115

Median Price

$235,000

Price Range

$60,000 - $1,495,000

 

 

Pending Listings

26

Median Price

$145,000

Price Range

$54,900 - $328,000

 

 

Sold Listings

1

Median Price

$430,000

Price Range

$ - $

Avg. Days on Market

49.0

Avg. List To Sale %

95.6%


CRESTLINE

New Listings

6

Median Price

$169,425

Price Range

$109,900 - $425,000

 

 

Active Listings

147

Median Price

$229,000

Price Range

$64,900 - $1,195,000

 

 

Pending Listings

37

Median Price

$125,000

Price Range

$39,000 - $529,000

 

 

Sold Listings

1

Median Price

$39,000

Price Range

$ - $

Avg. Days on Market

38.0

Avg. List To Sale %

89.6%


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

New Listings

5

Median Price

$226,740

Price Range

$49,900 - 945,000

 

 

Active Listings

159

Median Price

$224,7500

Price Range

$49,900 - $3,400,000

 

 

Pending Listings

32

Median Price

$152,400

Price Range

$64,900 - $377,000

 

 

Sold Listings

2

Median Price

$67,550

Price Range

$65,000 - $70,100

Avg. Days on Market

308.0

Avg. List To Sale %

90.2%


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