Greg and Michelle Steffens

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


WEEKLY MARKET UPDATE
(11/01/09 through 11/07/09)


Twenty properties successfully closing escrow across the mountain (from Crestline, through Lake Arrowhead and Running Springs) in this date range.  These homes averaged 203.7 days on market and an average list-to-sale percentage of 87.0% (though this is a skewed number since the lakefront property that sold went for 57.6% of the list price....short sale).

Right now there are 712 single family dwellings listed for sale (steadily going down as we wind-down the summer sale season) in our MLS with another 115 properties currently in escrow.  Thirty five new listings were added to the mix....


ARROWHEAD WOODS

New Listings

12

Median Price

$369,000

Price Range

$159,900 - $870,000

 

 

Active Listings

332

Median Price

$499,000

Price Range

$145,000 - $3,450,000

 

 

Pending Listings

31

Median Price

$259,000

Price Range

$114,840 - $1,295,000

 

 

Sold Listings

7

Median Price

$335,000

Price Range

$139,000 - $820,000

Avg. Days on Market

82.3

Avg. List To Sale %

97.0%

 

LAKEFRONT HOMES

New Listings

0

Median Price

$

Price Range

$ - $

 

 

Active Listings

46

Median Price

$2,222,500

Price Range

$150,000 - $14,200,000

 

 

Pending Listings

2

Median Price

$1,498,500

Price Range

$1,398,000- $1,599,000

 

 

Sold Listings

1

Median Price

$2,300,000

Price Range

$ - $

Avg. Days on Market

203

Avg. List To Sale %

57.6%


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

New Listings

6

Median Price

$181,450

Price Range

$115,000 - $220,000

 

 

Active Listings

98

Median Price

$219,50

Price Range

$54,400 - $1,349,000

 

 

Pending Listings

25

Median Price

$157,000

Price Range

$57,500 - $549,900

 

 

Sold Listings

4

Median Price

$275,000

Price Range

$115,000 - $560,000

Avg. Days on Market

356.8

Avg. List To Sale %

90.5%


CRESTLINE

New Listings

7

Median Price

$239,900

Price Range

$64,500 - $450,000

 

 

Active Listings

118

Median Price

$224,950

Price Range

$59,900 - $1,195,000

 

 

Pending Listings

30

Median Price

$150,000

Price Range

$44,900 - $529,000

 

 

Sold Listings

3

Median Price

$125,513

Price Range

$60,000 - $176,000

Avg. Days on Market

176.0

Avg. List To Sale %

100.9%


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

New Listings

10

Median Price

$214,950

Price Range

$99,900 - 339,000

 

 

Active Listings

118

Median Price

$218,500

Price Range

$69,000 - $1,275,000

 

 

Pending Listings

27

Median Price

$124,900

Price Range

$49,900 - $409,000

 

 

Sold Listings

5

Median Price

$145,000

Price Range

$134,000 - $230,000

Avg. Days on Market

200.4

Avg. List To Sale %

88.9%


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