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.