| |
The total number of active single family homes in our multiple listing service dipped down below 1000 units this past week to 995. This is a seasonal thing, so doesn't mean much more than we're approaching Fall and Summer is coming to an end.
Correspondingly, there are a fewer homes in escrow...but not by much - 89 to be exact (34 in Arrowhead Woods and 25 more in Crestline). There were healthy numbers of new listings across the mountain (45, with 20 of them in Arrowhead Woods) and 19 properties sold (11 of which were in the woods).
One lakefront home closed escrow for $3,490,00 which will bring the median sales prices of lakefront up a notch and another 3 lakefront listings hit the grid, bringing available lakefronts up to 39 homes.
ARROWHEAD WOODS
|
New Listings
|
20
|
|
Median Price
|
$572,000
|
|
Price Range
|
$299,000 - $1,299,000
|
|
|
|
|
Active Listings
|
427
|
|
Median Price
|
$547,500
|
|
Price Range
|
$190,000 - $5,995,000
|
|
|
|
|
Pending Listings
|
34
|
|
Median Price
|
$368,250
|
|
Price Range
|
$169,900 - $899,000
|
|
|
|
|
Sold Listings
|
11
|
|
Median Price
|
$4730,000
|
|
Price Range
|
$278,500 - $855,000
|
|
Avg. Days on Market
|
115.2
|
|
Avg. List To Sale %
|
95.6%
|
LAKEFRONT HOMES
|
New Listings
|
3
|
|
Median Price
|
$1,195,000
|
|
Price Range
|
$879,000 - $1,525,000
|
|
|
|
|
Active Listings
|
39
|
|
Median Price
|
$2,850,000
|
|
Price Range
|
$879,000 - $9,950,000
|
|
|
|
|
Pending Listings
|
1
|
|
Median Price
|
$2,495,000
|
|
Price Range
|
$ - $
|
|
|
|
|
Sold Listings
|
1
|
|
Median Price
|
$3,490,000
|
|
Price Range
|
$ - $
|
|
Avg. Days on Market
|
346
|
|
Avg. List To Sale %
|
88.4%
|
SURROUNDING COMMUNITIES (ARROWHEAD VILLAS, CEDAR GLEN, CREST ESTATES, CREST PARK, DEER LODGE PARK, RIM FOREST, SKYFOREST, TWIN PEAKS)
|
New Listings
|
8
|
|
Median Price
|
$244,500
|
|
Price Range
|
$133,000 - $519,000
|
|
|
|
|
Active Listings
|
167
|
|
Median Price
|
$240,000
|
|
Price Range
|
$74,900 - $1,289,000
|
|
|
|
|
Pending Listings
|
14
|
|
Median Price
|
$177,400
|
|
Price Range
|
$99,999 - $198,000
|
|
|
|
|
Sold Listings
|
1
|
|
Median Price
|
$153,000
|
|
Price Range
|
$ - $
|
|
Avg. Days on Market
|
42
|
|
Avg. List To Sale %
|
96.2%
|
CRESTLINE
|
New Listings
|
8
|
|
Median Price
|
$255,450
|
|
Price Range
|
$210,000 - $647,000
|
|
|
|
|
Active Listings
|
157
|
|
Median Price
|
$240,000
|
|
Price Range
|
$59,900 - $799,000
|
|
|
|
|
Pending Listings
|
25
|
|
Median Price
|
$168,000
|
|
Price Range
|
$44,900 - $168,000
|
|
|
|
|
Sold Listings
|
3
|
|
Median Price
|
$132,900
|
|
Price Range
|
$49,900 - $225,750
|
|
Avg. Days on Market
|
89.7
|
|
Avg. List To Sale %
|
90.2%
|
RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
|
New Listings
|
6
|
|
Median Price
|
$244,700
|
|
Price Range
|
$149,900 - $399,000
|
|
|
|
|
Active Listings
|
204
|
|
Median Price
|
$249,000
|
|
Price Range
|
$39,900 - $4,600,000
|
|
|
|
|
Pending Listings
|
16
|
|
Median Price
|
$203,350
|
|
Price Range
|
$64,500 - $2,100,000
|
|
|
|
|
Sold Listings
|
3
|
|
Median Price
|
$119,000
|
|
Price Range
|
$52,000 - $129,900
|
|
Avg. Days on Market
|
24.0
|
|
Avg. List To Sale %
|
97.2%
|
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.
Last night Fall made it's grand arrival. In the cover of night a storm swept in with wind, fog and drizzle. Today, the fog has come and gone all day, but temps are low....
Haley in the Village (10/02/08)
What a difference a day makes!
Haley in the Village - 10/03/08
Yesterday, we took Haley to the small pumpkin patch that is a part of the Agua Fria Hardware Store (just down the road from our office), so she could get a pumpkin to carve. She was very excited (as you can tell).
Trees are just starting to turn their brilliant Autumn colors....come see the spectacle for yourselves!
This post deals strictly with ARROWHEAD WOODS statistics as compared quarterly to the prior year's activity. This report is for single-family residences only and does not include lakefront homes, condos or lots. We are tracking information regarding new listings and properties sold. We are also looking at some of the averages - days on market and the list to sale percentages.
|
Q3 '07 vs Q3 '08
|
2007
|
2008
|
|
New Listings
Median List Price
List Price Range
|
193
$501.67K
$213.2K - $4.35M
|
206
$510.73K
$139.9K - $5.995M
|
|
Listings Sold
Median Sale Price
Sale Price Range
|
69
$501.48K
$230K - $2.3M
|
60
$394.17K
$95K- $1.497M
|
|
Average Days On Market
Average List To Sale Percentage
|
141.75
95.3%
|
139.15
94.9%
|
Though new listings were up, as was the median list price, the number of sales were down and the median sales price was WAY down (this tells me that the lower end of the market is where the deals are being done in '08). Days on market are slightly down and the list-to-sale percentage is down less than a half a percent.
This post deals strictly with ARROWHEAD WOODS statistics as compared monthly to the prior year's activity. This report is for single-family residences only and does not include lakefront homes, condos or lots. We are tracking information regarding new listings and properties sold. We are also looking at some of the averages - days on market and the list to sale percentages.
|
September
|
2007
|
2008
|
|
New Listings
Median List Price
List Price Range
|
39
$530K
$297.9K - $2.15M
|
64
$512.25K
$169.9K - $5.995M |
|
Listings Sold
Median Sale Price
Sale Price Range
|
16
$512.5K
$299K - $1.6M
|
26
$472.5K
$95K - $1.497M |
|
Avg. Days On Market
Avg. List To Sale %
|
160.25
93.8
|
156.84
94.4 |
| Price Reductions |
11/16 (68.8%) |
15/26 (57.7%) |
As you can see, there were 25 more new listings in '08 than in '07, though the median list price went down about $17K. House sales were also 10 up over the prior year, though the median list price went down $40K. Average days on market remained relatively unchanged and the average list-to-sale percentage went up a little more than 1/2 a percent.
There were a bevy of price reductions this past week, 12 to be exact, with the majority of them in the Crestline area. Four properties went into escrow and only 4 new listings came onto the market to take their places. Total inventory, peak-to-peak, for bank-owned properties continues to hover right around 60 units (59 to be exact). With total inventory of single family dwellings in the multiple listing service (not including out-of-area listings) at 995, that means that repos represent 5.9% of the total homes available....just to keep things in perspective....
|
|
PRICE
|
ADDRESS
|
BR/BA/BLT
|
LIST
|
EXP
|
| |
|
|
|
|
|
|
|
|
ARROWBEAR
|
|
|
|
|
R
|
$39,900
|
32888 Deer
|
1/1/1926
|
09/18/08
|
11/24/08
|
|
|
$80,000
|
2315 Eagle
|
2/1.5/1977
|
08/01/08
|
09/15/08
|
|
|
$99,900
|
2344 Lookout
|
2/1/1977
|
09/03/08
|
11/05/08
|
|
|
$149,000
|
33043 Donner
|
2/1.5/1964
|
09/20/08
|
12/15/08
|
|
|
|
|
|
|
|
|
|
|
ARROWHEAD VILLAS
|
|
|
|
|
R
|
$74,900
|
772 Arrowhead Villas
|
2/1/1940
|
07/28/08
|
11/28/08
|
|
|
$195,300
|
753 E. Victoria
|
3/2/1976
|
08/21/08
|
11/19/08
|
|
|
$309,000
|
810 Oakmont
|
4/3.5/1992
|
08/05/08
|
11/03/08
|
|
|
|
|
|
|
|
|
|
|
ARROWHEAD WOODS
|
|
|
|
|
|
$214,900
|
27044 Tunnel
|
4/2.5/1967
|
05/06/08
|
10/02/08
|
|
|
$224,900
|
580 Karenken Pines
|
3/2/1980
|
04/10/08
|
09/15/08
|
|
|
$229,900
|
1234 Klondike
|
3/1.5/1971
|
09/15/08
|
12/14/08
|
|
|
$294,900
|
27809 Alpen
|
4/2/1968
|
04/24/08
|
10/24/08
|
|
|
$350,000
|
202 Maple
|
2/1.75/1938
|
08/28/08
|
11/20/08
|
|
|
$380,000
|
197 C Lane
|
3/2/1957
|
07/27/07
|
09/19/08
|
|
|
$429,900
|
472 Riviera
|
3/2.5/1978
|
05/30/08
|
09/29/08
|
|
|
$900,000
|
27312 Little Bear
|
4/4.5/2008
|
07/25/08
|
01/26/08
|
|
|
|
|
|
|
|
|
|
|
CEDAR GLEN
|
|
|
|
|
|
$99,999
|
29156 Lakeview
|
3/1.5/1968
|
09/25/08
|
12/26/08
|
|
|
$134,900
|
29199 Lakebrook
|
2/1/1972
|
08/13/08
|
10/17/08
|
|
|
$149,900
|
29016 Hook Creek
|
3/2/1927
|
09/11/08
|
12/05/08
|
|
|
|
|
|
|
|
| |
|
CREST ESTATES
|
|
|
|
|
N
|
$142,100
|
1041 Burnt Mill
|
3/2/1957
|
06/20/08
|
11/30/08
|
|
|
|
|
|
|
|
|
|
|
CRESTLINE
|
|
|
|
|
N
|
$59,900
|
680 Cedar
|
1/1/1930
|
04/03/08
|
12/26/08
|
|
R
|
$79,705
|
25207 Forest Lake
|
2/1.5/1941
|
03/24/08
|
10/04/08
|
|
R
|
$79,900
|
528 Acacia
|
1/1/1935
|
06/16/08
|
10/23/08
|
|
|
$79,900
|
23683 Manzanita
|
1/1/1950
|
06/20/08
|
09/18/08
|
|
R
|
$99,900
|
21906 Crest Forest
|
2/2/1950
|
08/25/08
|
11/23/08
|
|
R
|
$115,900
|
24685 Bernard
|
3/2/1984
|
08/19/08
|
11/30/08
|
|
R
|
$125,899
|
23058 Oak
|
3/2/1938
|
04/23/08
|
10/19/08
|
|
|
$134,900
|
22063 Cedar Pines
|
3/2/1930
|
04/04/08
|
10/28/08
|
|
R
|
$147,900
|
22774 Fir
|
3/2/1948
|
08/05/08
|
11/15/08
|
|
R
|
$161,900
|
1038 Lausanne
|
3/2/1996
|
08/25/08
|
12/20/08
|
|
|
$165,000
|
24379 Outer Lake Gregory
|
2/1/1984
|
09/23/08
|
12/09/08
|
|
|
$169,900
|
932 Arbula
|
3/1.5/1981
|
07/17/08
|
10/17/08
|
|
|
$170,500
|
24985 Sunset
|
2/1/1984
|
02/09/08
|
11/20/08
|
|
|
$176,800
|
1186 Jupiter
|
3/3/1944
|
09/05/08
|
12/05/08
|
|
|
$197,900
|
983 Playground
|
4/3/1985
|
08/25/08
|
11/23/08
|
|
|
$209,900
|
23959 Lakeview
|
4/1.5/1977
|
09/25/08
|
03/08/09
|
|
|
$271,147
|
1047 Jungfrau
|
4/1.75/1984
|
05/30/08
|
10/19/08
|
|
|
|
|
|
|
|
|
|
|
DEER LODGE PARK
|
|
|
|
|
R
|
$64,900
|
1330 Edgecliff
|
2/1/1951
|
05/14/08
|
09/12/08
|
|
|
$178,900
|
1620 Edgecliff
|
3/2.5/1988
|
08/20/08
|
11/17/08
|
|
$234,900
|
1548 Krause
|
3/2/1962
|
07/15/08
|
10/13/08
|
|
|
$299,000
|
1684 Grass Valley
|
3/2/1995
|
07/15/08
|
07/14/09
|
|
|
|
|
|
|
|
|
|
|
GREEN VALLEY LAKE
|
|
|
|
|
N
|
$149,900
|
33396 Bluebird
|
2/1.75/1960
|
10/01/08
|
01/02/09
|
|
|
$179,900
|
33544 Holcomb Creek
|
3/1/1960
|
03/18/08
|
09/19/08
|
|
|
|
|
|
|
|
|
|
|
RIM FOREST
|
|
|
|
|
|
$209,900
|
23959 Lakeview
|
4/1.5/1977
|
09/09/08
|
03/08/09
|
|
|
|
|
|
|
|
|
|
|
RUNNING SPRINGS
|
|
|
|
|
|
$89,000
|
2524 Secret
|
2/1/1961
|
09/25/08
|
03/25/09
|
|
N
|
$159,900
|
30874 Live Oak
|
2/1/1971
|
09/29/08
|
01/20/08
|
|
|
$164,900
|
2470 Secret
|
3/1.75/1969
|
05/16/08
|
11/16/08
|
|
|
$169,900
|
31466 Inspiration
|
2/1/1969
|
03/28/08
|
09/24/08
|
|
|
$175,987
|
30966 Allview
|
3/2/1959
|
06/16/08
|
09/22/08
|
|
|
$180,900
|
30821 Live Oak
|
2/2/1961
|
09/03/08
|
10/31/08
|
|
|
$215,000
|
2391 Spring Oak
|
2/1.5/1961
|
09/18/08
|
12/18/08
|
|
|
$245,000
|
2696 Thule
|
3/2/1979
|
12/04/07
|
09/30/08
|
|
|
$254,900
|
31102 Glen Oak
|
3/2.5/1992
|
08/29/08
|
11/27/08
|
|
R
|
$259,900
|
2666 Viking Lane
|
3/2/1967
|
07/30/08
|
10/29/08
|
|
|
|
|
|
|
|
|
|
|
TWIN PEAKS
|
|
|
|
|
R
|
$79,500
|
26194 Alpine
|
2/1/1940
|
07/14/08
|
12/30/08
|
|
|
$94,900
|
26950 Hwy 189
|
2/1.5/1925
|
09/15/08
|
12/15/08
|
|
|
$104,900
|
26358 Alpine
|
3/1.5/1933
|
07/14/08
|
10/15/08
|
|
|
$136,900
|
850 Glenview
|
2/2/1961
|
08/12/08
|
11/05/08
|
|
|
$391,000
|
26375 Alpine
|
4/3/2000
|
07/30/08
|
11/30/08
|
|
|
$421,900
|
26045 Ranger
|
3/2.5/1991
|
09/04/08
|
12/03/08
|
| N = New Listing |
R = Price Reduction |
| AB = Arrowbear |
AV = Arrowhead Villas |
| AW = Arrowhead Woods |
BJ = Blue Jay |
| CG = Cedar Glen |
CE = Crest Estates |
| CR = Crestline |
CP = Crest Park |
| DLP = Deer Lodge Park |
GVL = Green Valley Lake |
| RF = Rim Forest |
RS = Running Springs |
| SKY = Skyforest |
TP = Twin Peaks |
Savvy buyers are watching the market closely for good deals. When they spot one, they go quickly. Be sure to keep track of price reductions and additons to the above two lists. For more information about any of the properties listed above, or to schedule a time to look at some of them, please contact us at 909.336.7971 or by email at info@gregsteffens.com.
There were 37 new listings over the last seven days across our multiple listing service areas, bringing the total inventory of single family dwellings for sale to 1033. There are 97 homes currently in escrow and only 4 houses sold with an average days on market of 226.2 days (skewed because one of the four sold houses had been on the market for 544 days) and with an average list to sale percentage of 98.3%.
ARROWHEAD WOODS
|
New Listings
|
13
|
|
Median Price
|
$429,900
|
|
Price Range
|
$224,900 - $950,000
|
|
|
|
|
Active Listings
|
435
|
|
Median Price
|
$547,500
|
|
Price Range
|
$199,000 - $5,995,000
|
|
|
|
|
Pending Listings
|
41
|
|
Median Price
|
$375,000
|
|
Price Range
|
$169,900 - $899,000
|
|
|
|
|
Sold Listings
|
2
|
|
Median Price
|
$517,500
|
|
Price Range
|
$95,000 - $940,000
|
|
Avg. Days on Market
|
130.5
|
|
Avg. List To Sale %
|
95.0%
|
LAKEFRONT HOMES
|
New Listings
|
0
|
|
Median Price
|
$
|
|
Price Range
|
$ - $
|
|
|
|
|
Active Listings
|
36
|
|
Median Price
|
$2,200,000
|
|
Price Range
|
$1,150,000 - $9,950,000
|
|
|
|
|
Pending Listings
|
2
|
|
Median Price
|
$3,222,500
|
|
Price Range
|
$2,499,000 - $3,950,000
|
|
|
|
|
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
|
11
|
|
Median Price
|
$172,000
|
|
Price Range
|
$99,900 - $1,289,000
|
|
|
|
|
Active Listings
|
179
|
|
Median Price
|
$249,000
|
|
Price Range
|
$74,900 - $1,779,000
|
|
|
|
|
Pending Listings
|
14
|
|
Median Price
|
$171,950
|
|
Price Range
|
$129,000 - $299,000
|
|
|
|
|
Sold Listings
|
|
|
Median Price
|
$
|
|
Price Range
|
$ - $
|
|
Avg. Days on Market
|
|
|
Avg. List To Sale %
|
%
|
CRESTLINE
|
New Listings
|
8
|
|
Median Price
|
$177,375
|
|
Price Range
|
$79,900 - $262,000
|
|
|
|
|
Active Listings
|
169
|
|
Median Price
|
$245,000
|
|
Price Range
|
$59,900 - $799,000
|
|
|
|
|
Pending Listings
|
25
|
|
Median Price
|
$161,500
|
|
Price Range
|
$44,900 - $449,000
|
|
|
|
|
Sold Listings
|
1
|
|
Median Price
|
$129,900
|
|
Price Range
|
$ - $
|
|
Avg. Days on Market
|
4.0
|
|
Avg. List To Sale %
|
100.0%
|
RUNNING SPRINGS AREAS
(RUNNING SPRINGS, ARROWBEAR, GREEN VALLEY LAKE)
|
New Listings
|
5
|
|
Median Price
|
$259,900
|
|
Price Range
|
$89,000 - $299,000
|
|
|
|
|
Active Listings
|
214
|
|
Median Price
|
$252,400
|
|
Price Range
|
$49,900 - $4,600,000
|
|
|
|
|
Pending Listings
|
15
|
|
Median Price
|
$169,900
|
|
Price Range
|
$49,900 - $515,000
|
|
|
|
|
Sold Listings
|
1
|
|
Median Price
|
$135,000
|
|
Price Range
|
$ - $
|
|
Avg. Days on Market
|
544.0
|
|
Avg. List To Sale %
|
100.0%
|
* ALL FIGURES TAKEN FROM THE RIM O' THE WORLD MULTIPLE LISTING SERVICE AND ARE DEEMED RELIABLE, BUT NOT GUARANTEED.
This post is actually just getting us back on track since I was out of town last Saturday and did the last update only 4 days ago...
However, in those 4 days, 5 foreclosures have gone into escrow (1 in Arrowhead Woods and 4 in Crestline). Additionally, there were a couple of price reductions.
There are now a total of 64 bank-owned homes on the market....more to come, I'm sure....
|
|
PRICE
|
ADDRESS
|
BR/BA/BLT
|
LIST
|
EXP
|
| |
|
|
|
|
|
|
|
|
ARROWBEAR
|
|
|
|
|
N
|
$49,900
|
32888 Deer
|
1/1/1926
|
9/1/2008
|
11/24/08
|
|
|
$80,000
|
2315 Eagle
|
2/1.5/1977
|
08/01/08
|
09/15/08
|
|
|
$99,900
|
2344 Lookout
|
2/1/1977
|
09/03/08
|
11/05/08
|
|
|
$125,000
|
32934 Deer
|
3/1.75/1968
|
09/15/08
|
12/15/08
|
|
|
$149,000
|
33043 Donner
|
2/1.5/1964
|
09/20/08
|
12/15/08
|
|
|
|
|
|
|
|
|
|
|
ARROWHEAD VILLAS
|
|
|
|
|
|
$99,900
|
772 Arrowhead Villas
|
2/1/1940
|
07/28/08
|
11/28/08
|
|
|
$195,300
|
753 E. Victoria
|
3/2/1976
|
08/21/08
|
11/19/08
|
|
|
$309,000
|
810 Oakmont
|
4/3.5/1992
|
08/05/08
|
11/03/08
|
|
|
|
|
|
|
|
|
|
|
ARROWHEAD WOODS
|
|
|
|
|
|
$214,900
|
27044 Tunnel
|
4/2.5/1967
|
05/06/08
|
10/02/08
|
|
|
$224,900
|
580 Karenken Pines
|
3/2/1980
|
04/10/08
|
09/15/08
|
|
|
$229,900
|
1234 Klondike
|
3/1.5/1971
|
09/15/08
|
12/14/08
|
|
|
$294,900
|
27809 Alpen
|
4/2/1968
|
04/24/08
|
10/24/08
|
|
|
$350,000
|
202 Maple
|
2/1.75/1938
|
08/28/08
|
11/20/08
|
|
|
$380,000
|
197 C Lane
|
3/2/1957
|
07/27/07
|
09/19/08
|
|
R
|
$429,900
|
472 Riviera
|
3/2.5/1978
|
05/30/08
|
09/29/08
|
|
|
$900,000
|
27312 Little Bear
|
4/4.5/2008
|
07/25/08
|
01/26/08
|
|
|
|
|
|
|
|
|
|
|
CEDAR GLEN
|
|
|
|
|
N
|
$99,999
|
29156 Lakeview
|
3/1.5/1968
|
9/25/08
|
12/26/08
|
|
|
$134,900
|
29199 Lakebrook
|
2/1/1972
|
08/13/08
|
10/17/08
|
|
|
$135,000
|
29147 Lakebrook
|
3/2/1948
|
07/30/08
|
10/28/08
|
|
|
$149,900
|
29016 Hook Creek
|
3/2/1927
|
09/11/08
|
12/05/08
|
|
|
|
|
|
|
|
|
|
|
CRESTLINE
|
|
|
|
|
|
$79,900
|
23683 Manzanita
|
1/1/1950
|
06/20/08
|
09/18/08
|
|
|
$83,900
|
25207 Forest Lake
|
2/1.5/1941
|
03/24/08
|
10/04/08
|
|
|
$88,000
|
22821 Azalia
|
2/1/1940
|
08/22/08
|
02/21/08
|
|
|
$94,900
|
528 Acacia
|
1/1/1935
|
06/16/08
|
10/23/08
|
|
|
$118,900
|
24685 Bernard
|
3/2/1984
|
08/19/08
|
11/30/08
|
|
|
$119,900
|
21906 Crest Forest
|
2/2/1950
|
08/25/08
|
11/23/08
|
|
|
$132,252
|
23058 Oak
|
3/2/1938
|
04/23/08
|
10/19/08
|
|
|
$134,900
|
22063 Cedar Pines
|
3/2/1930
|
04/04/08
|
10/28/08
|
|
|
$159,900
|
22774 Fir
|
3/2/1948
|
08/05/08
|
11/15/08
|
|
|
$165,000
|
24379 Outer Lake Gregory
|
2/1/1984
|
09/23/08
|
12/09/08
|
|
|
$169,900
|
932 Arbula
|
3/1.5/1981
|
07/17/08
|
10/17/08
|
|
|
$169,900
|
1038 Lausanne
|
3/2/1996
|
08/25/08
|
12/20/08
|
|
|
$170,500
|
24985 Sunset
|
2/1/1984
|
02/09/08
|
11/20/08
|
|
|
$176,800
|
1186 Jupiter
|
3/3/1944
|
09/05/08
|
12/05/08
|
|
|
$179,900
|
24714 Edelweiss
|
3/1.75/1986
|
07/03/08
|
10/03/08 |
|
|
$197,900
|
983 Playground
|
4/3/1985
|
08/25/08
|
11/23/08
|
|
N
|
$209,900
|
23959 Lakeview
|
4/1.5/1977
|
09/25/08
|
03/08/09
|
|
|
$271,147
|
1047 Jungfrau
|
4/1.75/1984
|
05/30/08
|
10/19/08
|
|
|
|
|
|
|
|
|
|
|
DEER LODGE PARK
|
|
|
|
|
|
$74,900
|
1330 Edgecliff
|
2/1/1951
|
05/14/08
|
09/12/08
|
|
|
$178,900
|
1620 Edgecliff
|
3/2.5/1988
|
08/20/08
|
11/17/08
|
| N |
$234,900
|
1548 Krause
|
3/2/1962
|
7/15/08
|
10/13/08
|
|
|
$299,000
|
1684 Grass Valley
|
3/2/1995
|
07/15/08
|
07/14/09
|
|
|
|
|
|
|
|
|
|
|
GREEN VALLEY LAKE
|
|
|
|
|
|
$179,900
|
33544 Holcomb Creek
|
3/1/1960
|
03/18/08
|
09/19/08
|
|
|
|
|
|
|
|
|
|
|
RIM FOREST
|
|
|
|
|
|
$209,900
|
23959 Lakeview
|
4/1.5/1977
|
09/09/08
|
03/08/09
|
|
|
|
|
|
|
|
|
|
|
RUNNING SPRINGS
|
|
|
|
|
N
|
$89,000
|
2524 Secret
|
2/1/1961
|
9/25/08
|
03/25/09
|
|
|
$164,900
|
2470 Secret
|
3/1.75/1969
|
05/16/08
|
11/16/08
|
|
|
$169,900
|
31466 Inspiration
|
2/1/1969
|
03/28/08
|
09/24/08
|
|
|
$171,000
|
31654 Silver Spruce
|
3/3/1960
|
08/06/08
|
11/06/08
|
|
|
$175,987
|
30966 Allview
|
3/2/1959
|
06/16/08
|
09/22/08
|
|
|
$180,900
|
30821 Live Oak
|
2/2/1961
|
09/03/08
|
10/31/08
|
|
|
$215,000
|
2391 Spring Oak
|
2/1.5/1961
|
09/18/08
|
12/18/08
|
|
N
|
$219,900
|
31331 Firwood
|
4/3/1970
|
09/20/08
|
12/08/08
|
|
|
$245,000
|
2696 Thule
|
3/2/1979
|
12/04/07
|
09/30/08
|
|
|
$254,900
|
31102 Glen Oak
|
3/2.5/1992
|
08/29/08
|
11/27/08
|
|
|
$281,900
|
2666 Viking Lane
|
3/2/1967
|
07/30/08
|
10/29/08
|
|
|
|
|
|
|
|
|
|
|
TWIN PEAKS
|
|
|
|
|
|
$94,900
|
26950 Hwy 189
|
2/1.5/1925
|
09/15/08
|
12/15/08
|
|
R
|
$104,900
|
26358 Alpine
|
3/1.5/1933
|
07/14/08
|
10/15/08
|
|
|
$129,500
|
26194 Alpine
|
2/1/1940
|
07/14/08
|
12/30/08
|
|
|
$136,900
|
850 Glenview
|
2/2/1961
|
08/12/08
|
11/05/08
|
|
|
$148,913
|
26190 Boulder
|
2/2/1979
|
04/04/08
|
09/30/08
|
|
|
$239,000
|
968 Resort Loop
|
3/1.5/1950
|
07/21/08
|
09/21/08
|
|
|
$391,000
|
26375 Alpine
|
4/3/2000
|
07/30/08
|
11/30/08
|
|
|
$421,900
|
26045 Ranger
|
3/2.5/1991
|
09/04/08
|
12/03/08
|
| N = New Listing |
R = Price Reduction |
| AB = Arrowbear |
AV = Arrowhead Villas |
| AW = Arrowhead Woods |
BJ = Blue Jay |
| CG = Cedar Glen |
CE = Crest Estates |
| CR = Crestline |
CP = Crest Park |
| DLP = Deer Lodge Park |
GVL = Green Valley Lake |
| RF = Rim Forest |
RS = Running Springs |
| SKY = Skyforest |
TP = Twin Peaks |
Savvy buyers are watching the market closely for good deals. When they spot one, they go quickly. Be sure to keep track of price reductions and additons to the above two lists. For more information about any of the properties listed above, or to schedule a time to look at some of them, please contact us at 909.336.7971 or by email at info@gregsteffens.com.
*Figures taken from the Rim O' the World Multiple Listing Service and are deemed reliable, but not guaranteed.
So now it is time to discuss the other side of the coin - the sales where agents have represented the buyers. After the last two parts of this series (one dealing with active listings, the other dealing with sold listings) I wasn't surprised at all about the findings....
Of the 331 members of the association, 173 have not sold a single home to a buyer client this year (that's 52.3%). Another 62 agents have only sold one. Put those numbers together and you have 71% of the association with zero sales or one sale with a buyer client so far this year!
Eighty eight Realtors sold between 2 and 8 listings (26.6% of the membership base) and only one agent, according to my research, has sold more 8 listings to buyers....congratulations to Jay Houck of Top Producers in Running Springs, who has sold 12!
So what does this all mean to you as a buyer? Well, it means to me that only about 30% of the agents are doing anything and I think I'm being generous by saying that an agent who is selling more than one house to a buyer client is "doing something." We're nearly nine months through 2008...I have no idea how some of these agents are staying afloat.
But, I'm getting ahead of myself. In part four (the last of this series), I'll draw some conclusions from these three posts to guide you to finding a great Realtor to work with in the sale or purchase of your perfect mountain home. Stay tuned....
| Greg Steffens | Coldwell Banker Sky Ridge Realty, Inc. | 909.336.7971 |
1256 Kodiak, Lake Arrowhead, CA | | Beautiful contempory 4 br, 3 ba home with panoramic & commanding view of the surrounding mountains (small lakeviews, too). Master suite to die for | | | 4BR/3BA Single Family House | | offered at $689,900 | | Year Built | 1992 | | Sq Footage | Unspecified | | Bedrooms | 4 | | Bathrooms | 3 full, 0 partial | | Floors | 2 | | Parking | Unspecified | | Lot Size | Unspecified | | HOA/Maint | $0 per month |
DESCRIPTION
| Beautiful contemporary home on the north side of Lake Arrowhead with a commanding view of the surrounding mountains (and small lakeviews, too). Comfortable 4 bedroom 3 bath home with very high, soaring ceilings in the living room and master suite. Beautiful master bedroom with exposed beam ceiling (roughly 20 feet tall), built-in bookshelves, marble fireplace and large private balcony. Master bath complete with dual sinks, large jet tub and separate shower. Two other bedrooms with Jack and Jill bathroom on the upper floor. Main level living room (with fireplace), family room (with a third fireplace) and wet bar and large, completely fenced-in back yard. Main level bedroom and full bath as well. Kitchen with corner sink and two garden windows. Attached two-car garage and beautiful landscaping (including full sprinkler system). All this for $689,900. | | | | see additional photos below | | | | | | |
| Seller contact info: | |
Greg Steffens |
Coldwell Banker Sky Ridge Realty, Inc. |
909.336.7971 |
For sale by agent/broker | |
| | | | | | | Posted: Sep 26, 2008, 12:29pm PDT | |
This post is the second in a three (maybe four) part series about what kinds of numbers agents in our Realtor association (Rim O' the World Association of Realtors) are posting this year.
My last post dealt with the number of active listings agents have. I was surprised to find that to find that so many agents have done little to nothing so far this year. In fact, roughly 60% of the 331 agents showing membership in the association have zero or one active listing in the multiple listing service!
Now, looking at how many listings have sold so far this year, I find that the results are quite similar. About 200 of the 331 agents have not sold a single listing this year. Another 16.3% (54) have sold only one. That, combined, means that better than 3/4 of all the agents in the association are doing nothing or very little.
There were 65 agents that sold between 2 and 10 listings (19.6%) and 9 agents that sold more than 10 homes (2.7%). Incredibly, there were 2 agents in the association who sold more than 30 homes - not surprisingly, these were both agents who specialize in bank-owned homes (many of which were listings off the mountain). Several others who sold high numbers of listings concentrate on the bank-owned segment of the market.
Again, I want to emphasize that the purpose of these posts is to show the importance of knowing what a Realtor is doing (or not doing) in the marketplace before you sign with them to list your home for sale.
I am NOT saying that you should only list your house with the top agents - there are a number of very valid reasons why that may actually work to your disadvantage. You should, however, be aware of the types of property listings they specialize in, their success rates, their number of closed transactions in a year's time, etc.
Take the time to learn about the agents that you are considering to list your home. Learn how many hours they work in a typical week, how many listings they typically carry (on average), where they advertise(and for what reasons), what things they feel are important when marketing a house for sale and more. The time you invest at the beginning of the processs will be worth its weight in gold....
| |
Central heat
