Greg and Michelle Steffens

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


WEEKLY MARKET UPDATE
(10/18/09 through 10/24/09)


Eleven properties successfully closing escrow across the mountain (from Crestline, through Lake Arrowhead and Running Springs).  These homes averaged 157 days on market and an average list-to-sale percentage of 95.8%.

Right now there are 759 single family dwellings listed for sale (steadily going down as we wind-down the summer sale season) in our MLS with another 123 properties currently in escrow.  Twenty seven new listings were added to the mix over the last 7 days.


ARROWHEAD WOODS

New Listings

11

Median Price

$579,000

Price Range

$249,480 - $1,990,000

 

 

Active Listings

349

Median Price

$499,000

Price Range

$145,000 - $3,450,000

 

 

Pending Listings

36

Median Price

$293,500

Price Range

$99,800 - $1,295,000

 

 

Sold Listings

4

Median Price

$434,500

Price Range

$325,000 - $549,000

Avg. Days on Market

46.8

Avg. List To Sale %

98.4%

 

LAKEFRONT HOMES

New Listings

2

Median Price

$568,450

Price Range

$500,000 - $636,900

 

 

Active Listings

48

Median Price

$2,222,500

Price Range

$150,000 - $14,200,000

 

 

Pending Listings

2

Median Price

$2,696,500

Price Range

$1,398,000- $3,995,000

 

 

Sold Listings

1

Median Price

$675,000

Price Range

$ - $

Avg. Days on Market

256.0

Avg. List To Sale %

90.1%


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

New Listings

4

Median Price

$159,900

Price Range

$99,000 - $295,000

 

 

Active Listings

97

Median Price

$234,500

Price Range

$59,400 - $1,349,000

 

 

Pending Listings

28

Median Price

$163,000

Price Range

$57,500 - $599,000

 

 

Sold Listings

2

Median Price

$85,000

Price Range

$70,000 - $100,000

Avg. Days on Market

15.5

Avg. List To Sale %

106.9%


CRESTLINE

New Listings

4

Median Price

$129,000

Price Range

$99,900 - $162,550

 

 

Active Listings

133

Median Price

$225,000

Price Range

$44,900 - $1,195,000

 

 

Pending Listings

29

Median Price

$145,900

Price Range

$39,000 - $529,000

 

 

Sold Listings

3

Median Price

$175,000

Price Range

$99,000 - $195,000

Avg. Days on Market

204.7

Avg. List To Sale %

92.3%


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

New Listings

6

Median Price

$148,500

Price Range

$79,900 - 275,000

 

 

Active Listings

132

Median Price

$219,500

Price Range

$63,500 - $3,400,000

 

 

Pending Listings

28

Median Price

$145,500

Price Range

$49,900 - $409,000

 

 

Sold Listings

1

Median Price

$118,500

Price Range

$ - $

Avg. Days on Market

262.0

Avg. List To Sale %

91.2%


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