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Running Springs Real Estate: Weekly Market Update (04/10/11 through 04/16/11)

By
Real Estate Agent with Mountain Country Realty BRE#01228248

To be an informed seller or buyer, it is imperative to know what is happening in the current market.  There are many factors to determining the proper price when listing a home for sale.  There are just as many factors to help you decide whether you are getting good value for your dollar when you purchase a home.

The charts below show you the breakdowns of new listings, homes sold, active listings and homes currently in escrow.  We have further broken down this information to show you median prices and price ranges, number of days on market and the percentages of list price to sales price.

To discuss your particular property and to get a more detailed idea of what your property is worth in our current market, including a free comparative market analysis, please call us at 909.336.7971.  If you are looking to buy a home and are wondering what is a good deal right now, please contact us right away.  Good deals go quickly!

For the most recent update for this area (or for the Lake Arrowhead or Crestline areas), please visit our website at:  www.GregSteffens.com or simply subscribe to this blog to receive all our new posts as they come out.....

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

New Listings

6

Median Price

$132,950

Price Range

$82,900 - $199,000

 

 

Active Listings

111

Median Price

$169,900

Price Range

$39,000 - $3,400,000

 

 

Pending Listings

11

Median Price

$169,900

Price Range

$89,900 - $394,500

 

 

Sold Listings

5

Median Price

$77,000

Price Range

$56,000 - $116,000

Avg. Days on Market

74.0

Avg. List To Sale %

94.1%

 

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